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Cairn case: PSBs not asked to withdraw funds from foreign currency accounts, says govt

Cairn case: PSBs not asked to withdraw funds from foreign currency accounts, says govt
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

United kingdomRepublic of indiaCentre onCairn energyUnited kingdom cairn energyAir indiaCorporation of indiaPermanent courtFinancial express indiaUnited kingdom india bilateral investmentShipping corporationIndia united kingdomஒன்றுபட்டது கிஂக்டம்குடியரசு ஆஃப் இந்தியாமையம் ஆன்கெய்ன் ஆற்றல்

UK s Cairn Energy identifies $70 bn Indian assets abroad to recover dues : The Tribune India

New Delhi, May 16 UK’s Cairn Energy has identified $70 billion of Indian assets overseas for potential seizure to collect $1.72 billion due from the government, a move if successful will put In

United kingdomNew yorkUnited statesNew delhiUnited kingdom cairn energyAir indiaCorporation of indiaCairn energyShipping corporationஒன்றுபட்டது கிஂக்டம்புதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்புதியது டெல்ஹிஒன்றுபட்டது கிஂக்டம் கெய்ன் ஆற்றல்அேக இந்தியாநிறுவனம் ஆஃப் இந்தியா

Why Cairn Energy s move to attach Air India s assets in $1 2 billion tax case has the Centre in a fix

Why Cairn Energy s move to attach Air India s assets in $1.2 billion tax case has the Centre in a fix MG Arun © Provided by India Today The recent move by UK s Cairn Energy Plc threatening to seize the assets of national carrier Air India to enforce a $1.2 billion (Rs 8,783 crore) arbitration award the former had won against the Indian government last year has proved to be extremely embarrassing for the Centre. Cairn Energy has moved the US district court for the Southern District of New York, seeking to make Air India liable as the airline is legally indistinct from the state itself . The Centre has countered saying it will take all necessary steps to defend against any such illegal enforcement action, but the entire issue is a grim reminder of a case the government could have done without, and raises a question mark over Indian retrospective tax laws that have led to this unique turn of events.

New yorkUnited statesUnited kingdomPranab mukherjeeCairn energyUnited kingdom cairn energyVodafone plcSupreme courtAir indiaPermanent courtIndia today theCairn energy plc threateningSouthern districtTata sonsCairn energy indiaIncome tax

India targets 70 billion aircraft and cargo ship in eye of cairn energy

India targets 70 billion aircraft and cargo ship in eye of cairn energy
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United statesUnited kingdomCairn energyUnited kingdom cairn energyGovernment of indiaa internationalResourcese bankBank guaranteeCorporation of indianaCourt air indiaCourta guarantee indiaCairn energy indiaIndia internationalGovernment of india internationalUnited kingdom cairn energy limitedAir indianaSingapore gate

Cairn identifies $70 billion of Indian assets for seizing to recover $1 2 billion from government: After Air India, is Shipping Corp next?

: Sunday, May 16, 2021, 6:20 PM IST Cairn identifies $70 billion of Indian assets for seizing to recover $1.2 billion from government: After Air India, is Shipping Corp next? Cairn identifies $70 billion of Indian assets for seizing to recover $1.2 billion from the government UK s Cairn Energy has identified USD 70 billion of Indian assets overseas for potential seizure to collect USD 1.72 billion due from the government. The assets identified range from Air India s planes to vessels belonging to the Shipping Corporation of India, and properties owned by state-owned banks to oil and gas cargoes of PSUs, three people familiar with the matter said. These assets are across several jurisdictions, they said without giving further details.

New yorkUnited statesUnited kingdomNew delhiNirmala sitharamanUnited kingdom cairn energyAir indiaCorporation of indiaCairn energyShipping corporationMinister nirmala sitharamanIndian assetsபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்புதியது டெல்ஹி