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Articles for Cairn, search results for vedanta

Biodiversity needs a win against oil and gas
4 months, 3 weeks ago

Biodiversity needs a win against oil and gas

Hindustan Times  

The development versus environment debate may not always have a clear winning side, but when it has an endangered species at the centre, the scales must tip in favour of conservation. Vedanta-owned Cairn’s proposal to drill in the Hollongapar Gibbon Sanctuary in Assam could have severe consequences for the Hoolock Gibbon, India’s only ape species, and a cascading impact on …

India Railways Cairn Gibbon
Cairn Oil & Gas to help improve livelihoods of fishermen in Ravva, AP
1 year, 2 months ago

Cairn Oil & Gas to help improve livelihoods of fishermen in Ravva, AP

Deccan Chronicle  

RAVVA: In line with its mission to transform communities, Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, to help improve the livelihoods of fishermen, distributed fishing nets to village elders and fishermen community of S.Yanam village in Andhra Pradesh. Cairn Oil & Gas operates the Ravva oil field, situated …

Oil Gas Vedanta Cairn Fishing Nets Cairn Oil Ravva
India refunds Rs 7,900 cr to Cairn to settle retro tax dispute
2 years, 10 months ago

India refunds Rs 7,900 cr to Cairn to settle retro tax dispute

The Hindu  

The Indian government has paid Cairn Energy Plc ₹ 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country’s image as an investment destination. Cairn dragged the government to international arbitration over the levy and enforcement proceedings and on December 22, 2020, got a favourable ruling that …

India Arbitration Indian Company Demand Crore Refund
Cairn Vedanta makes oil discovery in Rajasthan block
2 years, 10 months ago

Cairn Vedanta makes oil discovery in Rajasthan block

The Hindu  

Vedanta group firm Cairn Oil & Gas on Monday announced an oil discovery in a Barmer district block of Rajasthan, not very far away from its prolific oilfield in the same desert. In a stock exchange filing, the firm said it had notified the government and the Directorate General of Hydrocarbons of the discovery in exploratory well WM-Basal DD Fan-1 …

India Rajasthan Oil Gas Company Block Esg
Top news of the day — November 5, 2021
3 years, 1 month ago

Top news of the day — November 5, 2021

The Hindu  

Prime Minister Narendra Modi on Friday invoked the great “rishi tradition” of India as he inaugurated several development works in Kedarnath, Uttarakhand, including the unveiling of a statue of Adi Shankaracharya and monuments related his samadhi. “After the Centre cut levy on petrol and diesel, Chandigarh Administration has reduced VAT by Rs 7 on petrol and diesel with effect from …

India Congress State Deepavali Eternals
Cairn versus India: What lies ahead
3 years, 5 months ago

Cairn versus India: What lies ahead

Live Mint  

Cairn Energy Plc has secured a French court order to freeze Indian assets in France after India challenged an award of over $1.2 billion to Cairn. Cairn began international arbitration in 2015 and won $1.2 billion in damages plus interest and costs last year, totalling more than $1.7 billion. In May 2018, ConocoPhillips got court orders to seize Venezuela’s state …

India France Arbitration Indian Assets Billion Award
Setback For Government As Cairn Energy Wins Arbitration Ruling In High-Profile Tax Dispute - What Is The Case?
4 years ago

Setback For Government As Cairn Energy Wins Arbitration Ruling In High-Profile Tax Dispute - What Is The Case?

ABP News  

Elon Musk Reveals Apple CEO Refused Talks To Acquire Tesla At $60 Billion Cairn Energy has won an international arbitration case against the Indian government over a tax dispute that made international investors nervous over retrospective tax claims on companies. The tribunal ruled unanimously that India had breached its obligations to Cairn under the UK-India Bilateral Investment Treaty and awarded …

Energy Arbitration Billion Vedanta Indian Tax Cairn Energy Cairn India
Cairn Energy Wins Investment Treaty Arbitration Against India Over Tax Dispute: Report
4 years ago

Cairn Energy Wins Investment Treaty Arbitration Against India Over Tax Dispute: Report

News 18  

Cairn Energy has won an international arbitration case against the Indian government over a tax dispute, ending one of the most high profile disputes in the country, two sources with direct knowledge of the matter told Reuters. Cairn in March 2015 filed a formal dispute against a demand for more than $1.6 billion from the Indian tax department that dates …

India Energy Tax Indian Department Vedanta Cairn Energy