Despite a lack of good quality rigs in the market, Cairn has enough options, he says
Cairn Oil & Gas recently won eight oil blocks and one coal-bed methane (CBM) block under the DSF Round III bids, taking the company's total assets in the country to 62
The tribunal has asked Sebi probe the violations and "take it to its logical conclusion within six months from today"
Business Standard brings you the top stories on Thursday
Cairn Energy will become Capricorn Energy from that date, but will retain CNE sticker on London Stock Exchange
Business Standard brings you the top headlines on Wednesday
Enforcement of investment treaties remain ambiguous, they say
Somanathan says that the government doesn't support retrospective taxation since it creates sudden and fresh liability and is not in line with the stability and predictability of taxation
Cairn Energy PLC plans to target assets of state-owned firms and banks as it looks to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes
Cairn Energy Plc said it is taking all necessary actions to access the $1.7 bn it was awarded by an international arbitration tribunal after overturning a retroactive tax demand slapped by Indian govt
With just about a fortnight left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely
Cairn said its shareholders expect the use of the company's 'strong powers of enforcement' to recover 1.4 billion
Inter-ministerial meeting with officials of key govt departments today to discuss India's strategy
Here's a selection of Business Standard opinion pieces for the day
India lost the Cairn arbitration case. The case was related to the retrospective tax amendment law and the verdict came late night Tuesday. How did the dispute arise? Listen to the podcast for more
In a major boost to firms such as Reliance Industries, the government allowed affiliate companies to buy gas produced from non-regulated fields as part of giving complete marketing freedom
Cairn is awaiting its own arbitration award for which the final hearings concluded way back in 2018
In a Q&A, Akshay Bellare, the president of Honeywell India, says Covid-19 has come as an opportunity and that he expects double-digit growth in the country over the next five years
A source said based on the PSC, the seat of arbitration is likely to be London, while both the parties can have the option of deciding the seat later
Companies which had leveraged technology and automation during normal course have been better placed to manage the situation during Covid