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I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy

  The Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore (Rs 290 billion), including Rs 18,800 crore (Rs 188 billion) in back dated......

Govt can't waive tax on Vodafone, Cairn

UK oil explorer Cairn Energy is facing a tax demand of Rs 10,247 crore and Vodafone over acquisition of 67% stake in the mobile business owned by Hutchison Whampoa in 2007 The government......

Will seek $600 mn from India in damages: Cairn Energy

  British oil firm Cairn Energy plc on Tuesday said it will seek from India over $600 million in damages for loss it suffered in value of its holding from a Rs 10,247-crore (Rs......

India's investment climate gone sour? Govt's diktat for I-T

India is still locked in dispute with Cairn Energy over a retrospective $1.6 billion tax bill, and has been in a battle for over seven years with telecoms group Vodafone over taxes related to the......

Cairn Energy seeks compensation from India on tax demand

Cairn Energy of UK is seeking compensation from the Government of India for the loss in value it suffered due to an "unfair and arbitrary" Rs 10,247 crore (Rs 102.47 billion) tax demand raised......
  Web results for Cairn Energy
India should respond by November, says Cairn CEO

India has time till November to respond to Cairn Energys demand for $5.6 billion compensation in the retrospective tax case, said CEO of the... ...

http://www.thehindu.com/business/Industry/india-should-respond-by-november-says-cairn-ceo/article9032542.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
6 stocks that make for good investment bets

These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages India Inc’s earnings growth has... ...

http://www.rediff.com/money/report/six-stocks-that-make-for-good-investment-bets/20160824.htm
Vedanta sees no tax hitch in merger

After Cairn India's absorption, Cairn Energy will be left with 5% stake in Vedanta, currently worth about Rs 3,900 crore ...

http://www.business-standard.com/article/companies/vedanta-sees-no-tax-hitch-in-merger-116082100603_1.html
Sensex posts third weekly gain; SBI jumps

People watch a large screen displaying India's benchmark share index on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India,... ...

http://in.reuters.com/article/india-stocks-sensex-nifty-idINKCN10N0OF
Sensex extend gains on crude rally; correction seen ahead

Indian shares rose 1 percent on Fridayand were headed for their second session of gains, led by energystocks including Reliance Industries Ltd as... ...

http://www.sify.com/finance/sensex-extend-gains-on-crude-rally-correction-seen-ahead-news-sensex-qimmEhcgdfedi.html

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