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PTI
March 21, 2018



PTI
London, December 3, 2017
Embattled liquor baron Vijay Mallya, out on a 650,000-pound bail bond following his arrest by Scotland Yard over fraud and money laundering charges earlier this year, will return to Westminster Magistrates' Court in London on Monday as his extradition trial begins.


By Prosenjit Datta
Delhi, January 21, 2017
A fascinating chronicle of how the managing agency system paved the way for an evolved corporate structure in India.


PTI
November 6, 2016
Ahead of British Prime Minister Theresa May's maiden visit, UK's Cairn Energy has written to Prime Minister Narendra Modi reminding him that resolution to the Rs 29,047 crore retrospective tax demand it faces is still pending.


PTI
New Delhi, October 19, 2016
The government using retrospective tax legislation had in January 2014 issued a tax notice on Cairn Energy for alleged capital gains it made on a 10-year old internal reorganisation of its India unit.


BT Online
New Delhi, September 19, 2016
On Friday, the stock surged 20 per cent after Heineken International BV, the maker of Heineken beer, increased its stake in United Breweries by buying shares worth Rs 152 crore.


PTI
London, May 4, 2016
The bid is based on Liberty's 'Greensteel' business model and would involve a transition from steelmaking in blast furnaces to recycling steel in electric arc furnaces over time.


PTI
London, May 2, 2016
Indian-origin businessman Sanjeev Gupta's Liberty House group has confirmed that it will be submitting its bid for Tata Steel's loss-making UK businesses by tomorrow, according to a media report.


PTI
New Delhi, March 25, 2016
According to bulk deal data available with stock exchanges, Heineken International purchased a total of 21,15,088 shares, amounting to 0.79 per cent stake, of UBL.


Reuters
Mumbai, March 17, 2016
Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India's largest brewer.


PTI
London, November 24, 2015
Mackies is also keen on creating a new flavour - dreamt up by the newly-appointed chief chocolate taster - to celebrate the opening of the new 600,000 pounds factory.


Venkatesha Babu
May 15, 2015
Mallya is an influential Member of Parliament and carries goodwill with several leading politicians cutting across political boundaries.


PTI
New Delhi, March 11, 2015
The tax demand relates to an alleged Rs 24,500 crore worth capital gains it made in 2006 while transferring all its India assets to a new company, Cairn India.


PTI
London, February 23, 2015
Cairn has laid off 100 employees across the board as it faces capital constraints on not being able to sell $1 billion worth of stake, following a tax dispute in India.


PTI
Mumbai, September 19, 2014
A higher opening of the domestic equity market also supported the rupee but the dollar's rise against other currencies overseas capped the gains, dealers said.


Anilesh S. Mahajan and Goutam Das
June 4, 2014
The new government must initiate urgent tax reform to encourage companies and revive investor confidence.


Ben Hirschler
London, May 27, 2014
The fight was actually lost a week earlier after an angry stand-off on Sunday May 18 in which both sides blamed each other for closing down talks on a $118 billion offer that was \"only\" about $8 billion adrift from the price AstraZeneca wanted.


PTI
New Delhi, May 2, 2014
Cairn India's interim CEO P Elango has quit the company, completing the exit of all of the tier-1 management of the firm since it was acquired by mining group Vedanta Resources plc.


PTI
New Delhi, March 3, 2014
The former Scottish rugby international, who was childhood friend of George W Bush and Tony Blair, had transformed Cairn from a Scottish oil and gas minnow into an international energy powerhouse and one of the biggest oil producers in India.


PTI
New Delhi, January 31, 2014
Facing a potential tax demand on an alleged Rs 24,500 crore of capital gains it made on transferring India assets to a new company, Scottish explorer Cairn Energy plc said it was fully compliant with the tax legislation in force when it operated in the country.


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