Retrospective tax not helping government image: Cairn Energy CEO
The major retrospective tax disputes include those involving Vodafone and Cairn.
May 13, 2016, 11:55 AM ISTCairn India, Vedanta merger only after tax liability settled: Government
In a setback to mining mogul Anil Agarwal, the government today said it will not allow him to merge subsidiary Cairn India with his flagship firm Vedanta Ltd unless the Rs 10,247 crore tax issue is settled
Apr 11, 2016, 16:27 PM ISTCairn asks govt to walk the talk on retro tax
Weeks after being slapped with a Rs 29,000 crore 'retrospective tax demand', British oil explorer Cairn Energy today said international investors want the Modi government to walk the talk on resolving retrospective tax issues and send a clear signal that things are changing
Apr 03, 2016, 17:50 PM ISTVodafone, Cairn Energy won't be coerced on retrospective tax cases: Arun Jaitley
the government has said that it won't be coercing Vodafone and Cairn Energy to take up its one-time offer so as to settle the pending retrospective cases
Mar 27, 2016, 18:29 PM ISTRecovery process of Rs 29,000-cr tax to continue till Cairn takes settlement: Govt
Close on heels of Income Tax Department slapping a Rs 29,000-crore tax demand notice on Cairn Energy, the government on Wednesday said normal recovery process will continue till the British firm takes one-time settlement offered in the Budget
Mar 16, 2016, 18:23 PM ISTCairn seeks removal of retrospective tax law
Cairn Energy plc has asked Finance Minister Arun Jaitley to do away with the legislation in the Budget next month to restore faith of international investors in India.
Jan 14, 2016, 15:26 PM ISTGovt open to out-of-court settlement in Vodafone case: Sinha
Vodafone have dragged government to arbitration over a Rs 20,000 crore tax dispute arising out of retrospective applicability of the tax law.
Nov 06, 2015, 14:24 PM ISTPending tax issues will be referred to Shah panel: CEA
Legacy tax issues like those involving Cairn and Shell can be referred to AP Shah panel for quick resolution, says Chief Economic Advisor Arvind Subramanian who feels the old issues that have held back private investments also need to be worked out.
Oct 04, 2015, 13:29 PM ISTResolution of three pending tax disputes in works: Jaitley
The government is keen on early resolution of the three pending tax disputes -- involving foreign giants Vodafone, Cairn and Shell -- and the best way to get an expeditious disposal is being worked out, Finance Minister Arun Jaitley said on Sunday.
Sep 20, 2015, 18:00 PM ISTCairn to seek damages from Govt for tax notice
The firm said it has initiated arbitration for resolution of the tax demand linked to 2006 reorganisation of Cairn India, its one-time Indian subsidiary with oilfields in Rajasthan.
Aug 18, 2015, 12:42 PM ISTCairn seeks oil swaps to get higher margins
Sources close to the company said Cairn India has sought government approval for a tripartite agreement wherein Barmer crude oil will go to the international market where it will get better price than the ones realised locally.
Aug 16, 2015, 11:55 AM ISTAviva opposes Cairn India's merger with Vedanta
Opposing Vedanta's all-share merger deal, Aviva said there was "a risk of the Vedanta Group misallocating capital" of oil producer Cairn India to pay off its huge debt.
Aug 06, 2015, 14:25 PM ISTCairn CEO meets Pradhan ahead of merger with Vedanta
The boards of Cairn India Ltd and Vedanta Ltd are likely to meet on Sunday to consider a 'reverse' merger aimed at cutting debt on Vedanta books.
Jun 12, 2015, 18:19 PM ISTGovt to hike Cairn's Ravva gas price by 20%
Cairn gets USD 4.3 per million British thermal unit (mmBtu) for gas from Ravva Satellite field.
Jun 11, 2015, 14:57 PM ISTCairn India seeks to export oil despite ban
Cairn India, backed by billionaire Anil Agarwal, did not respond to telephone calls and an email seeking comment about the export notice.
Jun 10, 2015, 22:06 PM ISTCairn, Vedanta boards to meet on Sunday to consider merger
Separate meetings of the boards of Vedanta and Cairn are being called on June 14 in Mumbai to consider an all share merger, sources privy to the development said.
Jun 10, 2015, 18:44 PM ISTCairn reports biggest loss of Rs 241 cr in Q4
This is the first loss that the company suffered since reporting Rs 13.9 crore loss in October-December quarter of 2007.
Apr 23, 2015, 21:26 PM ISTCairn India moves Delhi HC against Rs 20,495 crore tax demand
Cairn sought directions to the tax authorities not to take any coercive steps against it for recovery of the demand.
Apr 06, 2015, 20:29 PM ISTCairn to treble gas production from Rajasthan block by 2018
Cairn India plans to treble natural gas production from its predominantly oil-rich Rajasthan block to 3 million standard cubic meters per day by mid-2018.
Apr 05, 2015, 15:45 PM ISTVedanta slaps Notice of Claims on Government
Billionaire Anil Agarwal-led group said it will take "all necessary steps" to protect interest against the tax notice on Cairn India.
Mar 27, 2015, 21:22 PM IST