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Sunday, April 05, 2020

Cairn India


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.

Aviva Investors opposes Vedanta takeover bid for Cairn India

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.

Vedanta eyes Cairn merger to ease debt burden

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.

Cairn India moves Delhi HC against tax demand

April 07, 2015 3:39 am

Cairn in its petition has sought quashing of the income tax department’s demand order.

I-T dept slaps $1.6 bn tax demand on Cairn arm; Firm to file dispute notice

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.

Cairn India CEO Mayank Ashar to get USD 1.15 million salary

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.

Oil Ministry says no to joint CAG audit with RIL, Cairn India

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.

Let us export, you’ll benefit as well: Cairn India

October 07, 2014 6:02 am

Cairn has proposed it sell its crude at the international price.