The Dutch Supreme Court on Friday handed Russia at least a temporary victory in an appeal of what's believed to be the world's largest award in an arbitration case
Sources said order had mandated relief in terms of shareholders' agreement, which gives greater control to co-promoter Rahul Bhatia and puts restrictions on transferring shares
'Singapore and India are also collaborating closely in mediation', said Shanmugam
Zostel is a backpacker hostels chain which has been embroiled in a legal battle with OYO for the last three years after merger talks broke down
The proceedings were initiated by InterGlobe Enterprises Ltd (IGE) and Bhatia against Gangwal, the Chinkerpoo Family Trust and Shobha Gangwal
Shares of Brookfield India REIT fell close to 9 per cent in two sessions, while Embassy Office Parks REIT declined more than 5 per cent
A federal court in Washington has set timelines for responses to be filed to an Indian government petition seeking dismissal of a suit by Britain's Cairn Energy
An objective, analytical approach to pursuing or resisting claims and arbitration awards is advisable
Facing a payout of $1.2 bn-plus interest after an arbitration award went against it, government said it has not received any formal proposal from Cairn Energy plc to resolve issue within country
Arbitration court in September rejected India's demand for Rs 22,100 crore in back taxes and penalties from company.
MoS Finance, in a written reply to a question in Rajya Sabha, said govt has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 cr in back taxes on Cairn Energy
Earlier this month, a French court permitted Cairn Energy to freeze several India-owned assets in Paris for executing the $1.2-billion international arbitral award in the decade-long tax dispute
Sourav Ganguly has approached the Bombay High Court seeking that the 2018 order of an arbitration tribunal that awarded him a compensation payable by his former management companies
The Indian state's arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner with external players, it gets a push-back, writes T N Ninan
Company says French development is 'necessary preparatory step' to take over Indian's state assets, calls for 'amicable settlement'.
Scottish oil producer's action is its latest attempt to force India to pay $1.7bn awarded by an international tribunal over a tax dispute.
The govt says it is vigorously defending its case in the dispute but remains open to an amicable solution within the country's legal framework
Four vacancies in the Central Board of Direct Taxes (CBDT) have not been filled despite the Appointments Committee of Cabinet (ACC) clearing names in February, exposing administrative gaps
Here are the best of Business Standard's opinion pieces for Wednesday
The move ratchets up pressure on India's government to pay the sum of $1.2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December