Page 2 - Cairn Energy

$1.2-bn arbitral award: US court sets timelines for Cairn-India lawsuit

A federal court in Washington has set timelines for responses to be filed to an Indian government petition seeking dismissal of a suit by Britain's Cairn Energy

Top headlines: RBI speaks on inflation; HDFC gets to issue new credit cards

Business Standard brings you the top headlines of the day

India asks US court to reject Cairn Energy's $1.2 billion suit

The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US law

Govt's retro tax settlement with Cairn Energy may hinge on Vedanta case

India lost the international arbitration with Cairn Energy at The Hague in December and the former was given an award of $1.2 billion

Sale by govt of Cairn Energy's 'attached' shares a bad decision: Experts

The IT department not just sold Cairn''s near 10 per cent shareholding in its Indian subsidiary but seized its dividends totalling Rs 1,140 crore and stopped tax refunds of Rs 1,590 crore.

India offers Cairn Energy $1-bn refund after scrapping retro tax: Report

The lower house of parliament on Friday approved a draft law introduced the previous day, cancelling a 2012 policy that enabled New Delhi to tax some foreign investments retrospectively

The chequered past of retrospective tax: All you need to know

The government has now proposed to refund principal amount in full to the litigants, with certain conditions

$1.2 bn arbitration: Govt says no proposal from Cairn to settle dispute

Facing a payout of $1.2 bn-plus interest after an arbitration award went against it, government said it has not received any formal proposal from Cairn Energy plc to resolve issue within country

Cairn arbitration: Govt confirms French court order against Indian assets

MoS Finance, in a written reply to a question in Rajya Sabha, said govt has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 cr in back taxes on Cairn Energy

Top headlines: Pegasus controversy grows; apex court rules on AGR dues

Business Standard brings to you the top headlines on Tuesday

Cairn Energy arbitration case: Riders to invoking 'sovereign immunity'

Earlier this month, a French court permitted Cairn Energy to freeze several India-owned assets in Paris for executing the $1.2-billion international arbitral award in the decade-long tax dispute

Best of BS Opinion: Four fatal failures, bank nationalisation & more

Here are the top BS Opinion articles of the day.

Four fatal failures

What the Cairn loss reveals about the Indian state's incompetence, incapacity, and arrogance

Best of BS Opinion: The culture of the beard, India's arbitrariness & more

Here are the best of Business Standard's opinion pieces for Saturday

What Cairn, Vodafone and Devas episodes tell us about India's arbitrariness

The Indian state's arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner with external players, it gets a push-back, writes T N Ninan

Best of BS Opinion: Repeal UAPA, bankruptcy process needs a re-look & more

Here are the best of Business Standard's opinion pieces for Friday

French court allows Cairn to seize 20 Indian govt properties in Paris

Assets are worth more than 20 million euros; FinMIn says no communication received in the matter Cairn is also eyeing assets in US, UK, Canada, Singapore, Mauritius and Holland

Humiliating seizure

Govt should have settled the Cairn case long ago

'Not received order from any French court': India on Cairn seizing assets

Trying to ascertain the facts, and whenever such an order is received, appropriate legal remedies will be taken, says govt

Cairn says it has won court order to freeze India state assets in Paris

Company says French development is 'necessary preparatory step' to take over Indian's state assets, calls for 'amicable settlement'.