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Cairn Energy CEO Thomson to meet FM next week over arbitration award

 A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded. With the Indian government deciding to appeal......

India in process of filing appeal against Cairn arbitration award

 India is in the process of filing an appeal against an arbitration panel asking it to return $1.2 billion to British oil firm Cairn Energy Plc, sources said on Wednesday. If enforcement......

Cairns accepts India's $1bn refund offer, to drop cases, says CEO

 UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a USD 1 billion refund......

Cairn, Air India seek stay on New York court proceedings

 Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral......

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

 The Indian government has paid Cairn Energy Plc Rs 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......

Nothing is going to fill void: Warne's children pay tribute

 IMAGE: Fans lay floral tributes at the base of the Shane Warne statue outside the Melbourne Cricket Ground. Photograph: Darrian Traynor/Getty Images Shane Warne's family expressed their......

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