Vedanta Resources shareholders approve Cairn India merger
Mining conglomerate Vedanta Resources Tuesday said its shareholders have approved the merger of group firms Vedanta Ltd and Cairn India.
Sep 06, 2016, 18:34 PM IST
Cairn tax dispute: India has to respond by Nov on $5.6 bn compensation demand, says CEO
India has time till November to respond to Cairn Energy's demand for USD 5.6 billion compensation in the retrospective tax case, said CEO of the British oil firm, Simon Thomson.
Aug 25, 2016, 16:54 PM IST
Jobs in entrepreneurial companies not for life: Vedanta CEO Tom Albanese
With three CEOs quitting since it took over oil producer Cairn India, mining mogul Anil Agarwal's Vedanta Ltd has defended the high turnover, saying jobs in entrepreneurial companies are not for life and is based on what people can do for the company in future.
Aug 21, 2016, 14:21 PM IST
Vedanta merger: Cairn calls shareholders' meeting on September 12
Cairn India has called a shareholders' meeting on September 12 to seek approval for the company's takeover by its parent Vedanta Ltd under a revised all-share deal.
Aug 11, 2016, 16:57 PM IST
New offer of Cairn India merger
New offer of Cairn India merger to lure minority shareholders. Watch this special segment and get to know more here.
Jul 23, 2016, 17:15 PM IST
Vedanta sweetens Cairn merger deal, offers 3 additional preference shares
Unable to quickly absorb its cash-rich oil subsidiary Cairn India, mining billionaire Anil Agarwal's Vedanta Ltd on Friday sweetened the merger deal by offering three additional preference shares.
Jul 22, 2016, 19:22 PM IST
Cairn Energy seeks $5.6 billion compensation from India for raising retrospective tax demand
British explorer Cairn Energy has sought USD 5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 29,047 crore on 10-year old internal reorganisation of its India unit.
Jul 12, 2016, 12:45 PM IST
'Cairn can't export crude till India attains self sufficiency'
The submission was made by the Ministry of Petroleum and Natural Gas which is opposing Cairn's request for permitting them to export crude oil.
May 05, 2016, 23:30 PM IST
Cairn India cuts capex by a third to USD 100 mn for FY17
Battered by a slump in oil prices, Cairn India has slashed its capital expenditure for 2016-17 by a third to USD 100 million (around Rs 660 crore).
Apr 24, 2016, 13:06 PM IST
Cairn India posts biggest quarterly loss of Rs10,948 crore in Q4
Cairn India on Friday reported its biggest quarterly loss of Rs 10,948 crore in the quarter ended March 31 mainly because of impairment loss on goodwill and non-producing oil and gas assets due to drop in oil prices
Apr 23, 2016, 00:08 AM IST
Cairn faces Rs 10,247-crore fine on top of Rs 29,000 crore tax demand
In a circular to shareholders, the company said it had on February 4 received "a final assessment order from the Indian Income Tax Department in amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore.
Apr 07, 2016, 18:33 PM IST
I-T Dept slaps Rs 29,000 crore tax demand notice on Cairn Energy
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
Mar 15, 2016, 15:09 PM IST
Filed suit against govt to expedite pricing case: Anil Agarwal
Lamenting that decision making in India could have been quicker, mining baron Anil Agarwal has said his company Cairn India filed a suit against government to "help" latter decide on price and tenure of Rajasthan oilfield faster.
Mar 13, 2016, 15:40 PM IST
Centre can't stop us from exporting crude: Cairn India to HC
Cairn India Tuesday claimed in the Delhi High Court that under Foreign Trade Policy, the Centre cannot stop it from exporting crude from its Rajasthan oil field.
Mar 01, 2016, 18:55 PM IST
Tax demand on Vodafone, Cairn cannot be disputed: CBDT
CBDT Chairman Atulesh Jindal said "as long as" the retrospective amendment of the IT Act passed by Parliament remains valid, the "demand (of tax against them) remains valid."
Mar 01, 2016, 17:36 PM IST
Midcap Bazaar: Expert advice on Cairn India, IDBI Bank
Expert advice on Cairn India, IDBI Bank
Jan 27, 2016, 17:14 PM IST
Govt lost Rs 1400 crore as Cairn not allowed to export oil: HC told
Cairn India Tuesday told Delhi High Court that a loss of Rs 1400 crore has been caused to the government as the company was forced to sell its share of crude from its Rajasthan oil field to private players at prices 20 percent less than the global rates.
Jan 19, 2016, 19:28 PM IST
Will seek $1 billion from India in damages: Cairn Energy
British oil firm Cairn Energy Plc Tuesday said it will seek from India over USD 1 billion in damages for loss it suffered in value of its holding from a Rs 10,247-crore tax demand raised on its eight-year-old internal business recognition.
Jan 19, 2016, 18:48 PM IST
Antim Baazi: Action In Cairn India, Reliance & Cipla
Check out the action going in Cairn India, Reliance & Cipla.
Jan 19, 2016, 00:12 AM IST
Cairn tax case: Laurent Levy named third arbitration
Geneva-based arbitrator Laurent Levy has been named as the presiding officer of the three-member arbitrator panel to resolve the Rs 10,247-crore tax dispute with British oil firm Cairn Energy plc.
Jan 18, 2016, 18:44 PM IST
