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Vedanta drops cases against govt to settle retro tax dispute

December 13, 2021 10:13 pm

In a statement, Vedanta said it has used the recently enacted law that scraps all demands levied using a 2012 retrospective tax legislation, to settle the dispute.

For Cairns dispute, international arbitration is not the way forward

July 21, 2021 8:07 am

Suranjali Tandon writes: It raises many questions that administrators must address through reform.

Explained: Why is Cairn going after Indian assets? What are India's options now?

July 15, 2021 9:18 am

Cairn Energy has reportedly won a French court order authorising freezing of Indian properties in Paris. Why is Cairn going after Indian assets? Are there any such precedents? What are India's options?

Unease of business

July 10, 2021 8:48 am

Government should respect arbitration award in Cairn case. Not doing so sends wrong message to investor community.

Cairn wins arbitration ruling against India in tax dispute: What is this case?

December 29, 2020 9:09 am

Like Vodafone, this dispute between the Indian government and Cairn also relates to retrospective taxation.

Cairn India CEO Mayank Ashar quits

May 21, 2016 3:06 am

Ashar had joined Cairn in May 2014 taking over from P Elango, then interim CEO.

Cairn India merger with Vedanta only after share release, says Adhia

April 12, 2016 2:15 am

The I-T Department using the retrospective tax legislation had issued a Rs 10,247-crore tax notice to Cairn Energy in January 2014.

Tax demand notice: Cairn to seek damages from Centre for losses

August 19, 2015 1:29 am

Cairn Energy, which in 2011 sold majority stake in Cairn India to mining major Vedanta Resources, had to scale back investments as it was barred by the I-T department from selling its residual 9.8 per cent stake.