Page 3 - Cairn India

Best of BS Opinion: Life after Covid vaccine, tax arbitration case & more

Here's a selection of Business Standard opinion pieces for the day

Cairn Energy wins tax arbitration against India: What the case is all about

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

Vedanta: Rising commodity prices, dividend hopes augur well for the stock

Market experts say the stock had seen good gains in the past two months and touched Rs 140 levels in expectation of the delisting going through at Rs 170-plus per share

Retrospective tax: Cairn example shows why FDI in oil & gas is in a mess

The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc's continuing problems point to the impact this law has had on FDI in India's oil and gas sector

Vodafone verdict: Impact on Cairn unlikely, basis of scrutiny distinct

Cairn is awaiting its own arbitration award for which the final hearings concluded way back in 2018

How govt's late afterthoughts and claims have haunted oil and gas sector

Problems in production-sharing agreements with the government have haunted private oil and gas companies for years

Covid-19: Cairn invokes force majeure on exploration; seeks relief in OALP

The company wants an extension of timelines for the blocks it won under the Open Acreage Licensing Policy (OALP) rounds

Fitch revises outlook on Vedanta-led Cairn India from stable to negative

Oil and gas business is the second-largest contributor to Vedanta's EBITDA, after the Indian zinc operations

Rs 10,247-cr Cairn retro tax case: Tribunal defers award to mid-2020

The international tribunal was supposed to give an award by February 2019, but in March it delayed it to 2019-end and now to summer of 2020

Top headlines: Blow to Cairn Energy, EU agrees Brexit extension to Jan 31

The outflow from US equity funds this year has been the biggest since 2008, relative to the flood of money into cash and bonds, according to Goldman Sachs Group Inc

Cairn India to exit investments in Anglo American ahead of schedule

The investment by CIHL, which was entered into as part of its cash management activities, has delivered a net gain of over $100 million

Cairn CEO suggests easing of rules, levy to raise investment and output

Cairn, oil and gas arm of the Vedanta group, is producing at a cost of close to $8 a barrel

Cairn India to pay $0.1 mn if it fails to meet oil exploration commitment

As per rules, a company will have to pay a cost equivalent to the committed work programme if it failed on its promise made in the bid

Extend Cairn India's oil block contract by 10 yrs on same terms: Delhi HC

ONGC had first in May 2015, then again on at least two occasions in 2016, concurred with Cairn's interpretation of the PSC for extension of the Rajasthan contract by 10 years on same terms

Govt recovering tax from Cairn UK, why come after us: Cairn India to HC

Cairn India Ltd had moved the high court in April 2015 against Rs 204.95 billion tax demanded from it

Cairn India to invest Rs 370 bn to ramp up crude production in Rajasthan

The production will further go up to 500,000 BOPD with full investment plan of over Rs 370 billion over next few years

Cairn rejigs leadership team to drive $1-bn investment plan

The strategic move will empower the core leadership to take key decisions

Cairn India to invest $4.6 bn in new oil & gas exploration projects

Sudhir Mathur expects all approvals for the projects to be in place by the end of this month

Cairn UK Holdings moves Delhi HC over capital gains tax demand

The company had approached ITAT after it was slapped with a tax assessment order of Rs 10,247 crore

Cairn India needs third-party reserve audit for 10-year licence extension

The government's share from Cairn's Rajasthan block is 50 per cent