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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......

Retro Tax: Cairn drops lawsuits in US, UK

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the......

India asks US court to reject Cairn's $1.2 bn suit

The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US......

DoT engages with banks to find solution for telecom sector

The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund......

Govt brings bill to drop retro tax with eye on Cairn, Voda awards

In a bid to bury the ghost of retrospective taxation, the government on Thursday brought a bill in the Lok Sabha to withdraw all back tax demands on companies such as Cairn Energy and Vodafone and......

Soccer PIX: Neto, Paulinho score on Portugal debuts

Images from football friendlies played on Wednesday. IMAGE: Portugal's Paulinho celebrates scoring their second goal with Nelson Semedo during their international friendly against Andorra at......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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