Cairn

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 IST

Cairn 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 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

Vodafone, 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 IST

Recovery 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 IST

Cairn 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 IST

Govt 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 IST

Pending 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 IST

Resolution 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 IST

Cairn 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 IST

Cairn 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 IST

Aviva 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 IST

Cairn 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 IST

Govt 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 IST

Cairn 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 IST

Cairn, 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 IST

Cairn 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 IST

Cairn 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 IST

Cairn 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 IST

Vedanta 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