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Cairn Energy Plc

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Cairn gets French court order to seize 20 Indian assets

In a setback to India, Britain's Cairn Energy Plc has secured a French court order to seize some 20 government properties in Paris to recover a part of the $1.7 billion due from New Delhi following......

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from......

Cairn says taking action to access $1.2 bn arbitration award against India

Cairn has already taken steps to have the arbitration award recognised in nine major jurisdictions such as the US, UK, France, the Netherlands, Singapore and Canada's Quebec province, where Indian......

Looking at how best to sort out Cairn arbitration: Sitharaman

Finance Minister Nirmala Sitharaman on Thursday reiterated that an international arbitration ruling on India's sovereign right to taxation sets the wrong precedent, but said the government is......

Cairn offers to forego $500 mn if India agrees to pay principal due

UK's Cairn Energy Plc has offered to forego $500 million and invest that amount in any oil and gas or renewable energy project identified by the Indian government if New Delhi agrees to honour an......

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