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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......

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......

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......

Cairn has identified India's assets for seizure in case of non-payment

British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas, which it can seize in the event of New Delhi failing to return over USD 1.7 billion that an......

Cairn, govt discuss LTCG tax and Vivad se Vishwas scheme

Cairn wants a quick solution to its tax dispute to avoid prolonging and exacerbating the negative issue. During a series of hectic talks between Cairn Energy and the Indian government over the......

Players, coaching staff back Bob Houghton

Members of the Indian football team, led by captain Bhaichung Bhutia, have backed chief coach Bob Houghton, who is facing allegations of racially abusing an Indian referee during an international......

Watson as a Test opener an insult to all: Thomson

Australian pace legend Jeff Thomson believes Shane Watson's surprise role as a Test opener is an insult to opening batsmen across the country. Selectors named Watson as Australia's opener for next......

Ponting is crap as captain: Thomson

Ricky Ponting is "crap" as captain, never deserved to get the job and has not improved a bit in the five years at the helm, said pace legend Jeff Thomson in a scathing attack on the Australian......

Australia's best 30 ODI players

Australia's best 30 One-Day International players were on Wednesday revealed in the first process of elimination to identify Australia's greatest ODI team of all time. The final team of 12 will be......

Marsh forced to reappraise verdict

A decade ago Rodney Marsh, famously combative wicketkeeper in the great 1970s Australia side, prompted a flurry of indignation in English cricket circles with his verdict on the country's pace......

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