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India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

Vedanta Ltd to challenge SEBI's Rs 77 cr penalty for alleged delay in dividend payment to UK's Cairn Energy

Mar 14, 2024, at 08:20 am

Mumbai: Vedanta Ltd on Wednesday said it will challenge stock market regulator SEBI’s Rs 77.6 crore penalty for delay in dividend payment to its former shareholder Cairn Energy.

Cairn Energy withdraws all litigations against India in retrospective tax case

Jan 06, 2022, at 06:12 pm

New Delhi/IBNS: Cairn Energy, now known as Capricorn energy, has withdrawn all cases in relation to retrospective taxes, allowing the Indian government to roll back the tax regimen and refund the taxes collected in this regard to the company, media reports said.

UK's Cairn Energy drops litigation against GoI, Air India in US

Dec 19, 2021, at 03:21 am

Washington D.C/IBNS: Cairn Energy renamed Capricorn Energy has entered into a scheme with the Indian government seeking a refund in taxes and to conclude the multi-billion dollar dispute between both parties.

Cairn expecting payment of $1.06 billion from India within weeks: Report

Sep 08, 2021, at 04:50 am

Cairn Energy Plc has said its shareholders can expect a return of as much as $700 million once it settles a lingering tax dispute with India, according to media reports.