May 21, 2016 3:06 am
Ashar had joined Cairn in May 2014 taking over from P Elango, then interim CEO.
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.
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.
August 06, 2015 3:29 pm
Aviva's UK equity team has a 4.3 per cent stake in Cairn Energy, the original owner of Cairn India and still its largest minority shareholder.
June 10, 2015 2:57 am
Deal will create an entity with market cap of Rs86,500 crore and revenue of over Rs40,000 crore.
April 07, 2015 3:39 am
Cairn in its petition has sought quashing of the income tax department’s demand order.
March 11, 2015 1:59 am
This is the first case under the new government where the tax notice has been served in a retrospective amendment-case.
November 04, 2014 4:57 pm
Cairn will pay Mayank Ashar a base salary of $1 million per annum plus special allowance/foreign service premium.
October 13, 2014 1:22 am
RIL has accused the CAG of exceeding its brief while auditing spending on KG-DWN-98/3 block by questioning operational decisions taken eight years back.
October 07, 2014 6:02 am
Cairn has proposed it sell its crude at the international price.
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