British oil explorer

I-T dept lifts freeze on Cairn dividend payout, stake bar stays

The tax department has agreed to lift the freeze on British oil explorer Cairn Energy being paid dividend by its erstwhile subsidiary Cairn India, but it still cannot sell the residual stake pending a tax dispute.

Mar 08, 2017, 15:31 PM IST

Retrospective tax demand: Govt seeks putting Cairn arbitration on hold

Government has sought putting on hold the arbitration initiated by British oil explorer Cairn Energy against a Rs 29,047 crore retrospective tax demand and instead wants a parallel arbitration initiated by Vedanta Resources to be taken up first.

Oct 19, 2016, 12:31 PM IST

Cairn 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 IST