Top headlines: Cairn makes peace with India; Sebi to speed up settlements

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Cairn Energy said it will drop cases slapped against the Indian government and accept a $1-billion refund offer. The Income-Tax department is working on a new tax portal which will integrate with stock exchange and help in tracking trade transactions.

Read more on these and other top headlines for the day.

Cairn Energy to drop cases against India, accepts $1-billion offer

Cairn Energy Plc on Tuesday said it was ready to withdraw all cases it had slapped against the Indian government for enforcing a $1.2-billion arbitration award the company had won in December 2020. This is part of