Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 48 results found. Search for [ cairn arbitration award ]

Results 1 to 21 of 48
Reuters
May 23, 2021
Renault-Nissan India and workers at its plant in the southern state of Tamil Nadu have been locked in a legal tussle after workers petitioned a court to halt operations because social distancing norms were being flouted


PTI
May 23, 2021
India had seized and sold shares of Cairn in its erstwhile India unit, confiscated dividend due and withheld tax refunds to recover the tax demand it had levied two years after passing a law in 2012 that gave it powers to levy tax retrospectively


BusinessToday.In
May 19, 2021
Earlyguard had commenced the arbitral procedure in February this year and Mitsui & Co. has divulged the details in its financial results, announced earlier this month


PTI
May 16, 2021
The assets identified range from Air India's planes to vessels belonging to the Shipping Corporation of India, and properties owned by state-owned banks to oil and gas cargoes of PSUs


Reuters
May 15, 2021
The move ratchets up pressure on India's government to pay the sum of $1.2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December


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


BusinessToday.In
March 30, 2021
Moody's Analytics also pointed out that core inflation rose to 5.6 per cent in February from 5.3 per cent in January, and called it 'uncomfortably high'.


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 9, 2021
\"Cairn is extremely confident that satisfaction of the award will be achieved either by negotiated settlement or by enforcement against Indian assets,\" says firm


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\"


BusinessToday.In
January 31, 2021
The new refinery will be established by Indian Oil's subsidiary, Chennai Petroleum Corporation Limited, in which both will hold 25 per cent stake each


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 30, 2021
S Jaishankar  & Tony Blinken have spoken over phone, discussed issues of mutual concern, including COVID-19 vaccination efforts, regional developments and next steps in expanding bilateral ties, says State Department Spokesperson Ned Price


PAGES 1 OF 3  123