Cairn Energy
Cairn accepts $1bn refund offer, to drop cases against India
Oil & Gas
September 7, 2021
Cairn accepts $1bn refund offer, to drop cases against India
UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France…
Parliament passes bill to bury ghost of retrospective taxation
Oil & Gas
August 10, 2021
Parliament passes bill to bury ghost of retrospective taxation
Parliament cleared a bill to bury the ghost of retrospective taxation which had created discontent among foreign investors.
Govt confirms French court order against Indian assets
Oil & Gas
July 27, 2021
Govt confirms French court order against Indian assets
government confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by…
Cairn wins freeze on India state assets in Paris
Oil & Gas
July 8, 2021
Cairn wins freeze on India state assets in Paris
Cairn Energy said that a Paris court had accepted its petition that Indian state-owned assets in the city worth over…
Devas joins Cairn attempting to seize Air India’s assets
Oil & Gas
June 29, 2021
Devas joins Cairn attempting to seize Air India’s assets
Devas Multimedia Pvt, a company seeking over $1.2 billion it won in international arbitration from India, has joined Cairn Energy…
Cairn looks to seize Air India assets to recover $1.7 bn
Oil & Gas
May 16, 2021
Cairn looks to seize Air India assets to recover $1.7 bn
UK's Cairn Energy Plc has brought a lawsuit in the US court that potentially can lead to seizing of Air…
Cairn offers to forego $ 500M if India pays principal due
Oil & Gas
April 11, 2021
Cairn offers to forego $ 500M if India pays principal due
Cairn Energy Plc has offered to forego USD 500 million and invest that amount in any oil and gas or…