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Total 92 results found. Search for [ Cairn arbitration case ]

Results 1 to 21 of 92
Reuters
May 7, 2021
Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long drawn-out tussle with the Indian government over its retrospective tax claims


PTI
April 11, 2021
In 2006-07, it listed its Indian assets on the BSE. Five years after that the government passed a retroactive tax law and billed Cairn Rs 10,247 crore plus interest and penalty for the reorganisation tied to the flotation


PTI
April 4, 2021
The Delhi High Court held that the firm was liable to pay higher profit share to the government in lieu of its Rajasthan oil and gas block license being extended beyond initial term, a top official said


BusinessToday.In
March 30, 2021
Cairn Energy says it has full confidence on its position. The company will continue to take all steps necessary to protect the interests of its shareholders, adds British energy giant


BusinessToday.In
March 28, 2021
Cairn is aiming Indian government assets in the US, UK, Canada, France, Singapore, the Netherlands and three other countries. These are primarily non-diplomatic assets, owned by the Indian government


PTI
March 23, 2021
The appeal against a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India's Rs 10,247 crore tax claim on Cairn Energy and ordering the government to return the value of shares it had sold, comes weeks before UK PM Boris Johnson's visit to India


Dipak Mondal
March 10, 2021
Government believes that Cairn had set up a tax-abusive structure and did not pay taxes anywhere in the world on the gains that it made in India; it was well within India's sovereign powers to redress the situation


PTI
March 8, 2021
Once the court recognises an arbitration award, the company can petition it for seizing any Indian government assets such as bank accounts, airplanes and ships in those jurisdictions, to recover the monies due to it


PTI
March 7, 2021
Finance Minister Nirmala Sitharaman had on March 5 indicated the government's intent to appeal against the award when she said it is her \"duty\" to appeal in cases where the nation's sovereign authority to tax is questioned


Dipak Mondal
February 19, 2021
The arbitration court unanimously ruled that India breached its obligations to Cairn under the UK-India Bilateral Investment Treaty


PTI
February 8, 2021
To a question on whether the total retrospective tax has to be paid by the government to Vodafone and Cairn, Thakur said, \"The details terms of the award are under examination by the government\"


PTI
January 31, 2021
For a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limited and it may not have the financial bandwidth for such a payout


PTI
January 26, 2021
The British firm has begun identifying overseas Indian assets, including Indian bank accounts, airplanes and other foreign properties, in case the Indian government fails to honour the arbitration award


Chandraprakash Surana | Supraja Srinivasan
January 22, 2021
Budget 2021 would be unprecedented in many ways, as the government would have to focus on providing stimulus packages to revive the economy, while also identifying other avenues of revenue to bridge the widening fiscal deficit


Associated Press
December 27, 2020
Citizens remember French health scandals in recent decades, including those involving mismanaged vaccines. They fear that the coronavirus vaccines were developed too quickly, are aimed at bringing profit to big pharmaceutical companies


PTI
December 27, 2020
Though the Congress did not disclose Gandhi's destination, the chief spokesperson of the party, Randeep Surjewala, confirmed that he will be away for a few days


PTI
December 27, 2020
The government had notified certain changes to the GST Rules on December 22 and some of the rules are set to be applicable from January 1 next year


PTI
December 27, 2020
The narrative that new farm laws are to benefit Mukesh Ambani and Gautam Adani has made them easy targets, with protesting farmers in different places in Punjab having vandalised and damaged Reliance Jio towers


PTI
December 27, 2020
The Oxford vaccine, which also has a tie-up with the Serum Institute of India, is expected to win approval in the UK before Thursday, speeding up the provision of the jab to the most vulnerable groups


PTI
December 27, 2020
The government has notified the mandatory requirement of e-invoicing for B2B transactions for businesses with a turnover of over Rs 100 crore with effect from January 1, 2021


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