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ETMarkets Morning Podcast: Will banks spoil the show in Q1? | The Economic Times Podcast


ET Markets RadioTune in now for Markets news, views & cues
ETMarkets Morning Podcast (ETMarkets.com)
06:49 Min | July 09, 2021, 9:21 AM IST
Tune in as we tell you what s happening in the market, what s making news this morning, and look at some of the buzzing stocks.
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Hi there, Good Morning. Welcome to ETMarkets Morning, the show about money, business and markets. I am Nikhil Agarwal. Let s start with the headlines first
· LIC cleaning up books in preparation for IPO
· IPO-bound Zomato says it is recovering well from Covid hit
· Banks may report slowdown in the recovery momentum in Q1
· French court freezes Indian assets on Cairn Energy claim ....

France General , United Kingdom , Nikhil Agarwal , Cairn Energy , Singapore Exchange , London Listed Cairn , London Interbank Offered Rate , Reliance Communication , ஒன்றுபட்டது கிஂக்டம் , நிகில் அகர்வால் , கெய்ன் ஆற்றல் , சிங்கப்பூர் பரிமாற்றம் , லண்டன் பட்டியலிடப்பட்டுள்ளது கெய்ன் , நம்பகத்தன்மை தொடர்பு ,

Cairn Energy : India denies asking state banks to withdraw cash held abroad over Cairn dispute


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NEW DELHI (Reuters) - India s government on Sunday denied asking its state-run banks to withdraw funds from their foreign currency accounts abroad on fears that Cairn Energy may attempt to seize the cash in a tax dispute, adding New Delhi was open to resolve the matter.
London-listed Cairn is involved in a long-drawn out tussle with the Indian government over tax claims and was awarded damages of more than $1.2 billion by an international tribunal late last year.
New Delhi has filed an appeal against the decision it calls highly flawed .
Citing government officials and a banker, Reuters and other media reported on May 6 that the finance ministry had asked state-run banks to withdraw the foreign funds on concern that courts abroad could order that assets in their jurisdiction - including bank accounts - be remitted to Cairn. ....

United Kingdom , New Delhi , Emelia Sithole Matarise , Devjyot Ghoshal , Air India , Us District Court , London Listed Cairn , United Kingdom India Bilateral Investment Treaty , Cairn Energy Plc Stock Exchange , Press Release , Wn Cne Gb00bn0smb92 , ஒன்றுபட்டது கிஂக்டம் , புதியது டெல்ஹி , அேக இந்தியா , எங்களுக்கு மாவட்டம் நீதிமன்றம் , லண்டன் பட்டியலிடப்பட்டுள்ளது கெய்ன் , கெய்ன் ஆற்றல் ப்ல் ஸ்டாக் பரிமாற்றம் ,

RPT-UPDATE 3-Cairn Energy wins over $1.2 billion from India in tax arbitration case


(Repeats earlier story with no changes to text)
NEW DELHI, Dec 23 (Reuters) - Cairn Energy said on Wednesday it had won an international arbitration case against the Indian government over a tax dispute that had caused concern among investors over retrospective tax claims on companies.
The tribunal ruled unanimously that India had breached its obligations to Cairn under the U.K.-India Bilateral Investment Treaty and awarded Cairn damages of $1.2 billion plus interest and costs, the company said in its statement.
The amount is nearly equal to London-listed Cairn’s market value of $1.3 billion as of Tuesday’s close.
For India, this is the second setback after losing another international arbitration case in September against Vodafone Plc over a $2 billion retrospective tax dispute. ....

Christian Schmollinger , Aditi Shah , Aftab Ahmed , Anuradha Dutt , Sachin Ravikumar , Tom Hogue , Cairn India To Vedanta Ltd , Thomson Reuters Trust Principles , Cairn Energy , Vodafone Plc , India Bilateral Investment Treaty , London Listed Cairn , Prime Minister , Cairn India , Vedanta Ltd , Louise Heavens , Thomson Reuters Trust , அனுராதா தத் , சச்சின் ரவிகுமார் , டோம் ஹாக் , கெய்ன் இந்தியா க்கு வேதாந்தா லிமிடெட் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , கெய்ன் ஆற்றல் , வோடபோன் ப்ல் , லண்டன் பட்டியலிடப்பட்டுள்ளது கெய்ன் , ப்ரைம் அமைச்சர் ,

Will Indian Government Appeal Verdict Giving $1.3 Billion To Cairn


Cairn Energy said on Wednesday it had won an international arbitration case against the centre.
Cairn Energy said on Wednesday it had won an international arbitration case against the centre over a tax dispute that had caused concern among investors over retrospective tax claims on companies.
The tribunal ruled unanimously that the centre had breached its obligations to Cairn under the UK-India Bilateral Investment Treaty and awarded Cairn damages of $1.2 billion plus interest and costs, the company said in its statement.
The amount is nearly equal to London-listed Cairn s market value of $1.3 billion as of Tuesday s close.
For centre, this is the second setback after losing another international arbitration case in September against Vodafone Plc over a $2 billion retrospective tax dispute. ....

United Kingdom , Anuradha Dutt , Cairn India To Vedanta Ltd , Cairn Energy , Vodafone Plc , Will Indian Government Appeal Verdict Giving , United Kingdom India Bilateral Investment Treaty , London Listed Cairn , Prime Minister , Cairn India , Vedanta Ltd , ஒன்றுபட்டது கிஂக்டம் , அனுராதா தத் , கெய்ன் இந்தியா க்கு வேதாந்தா லிமிடெட் , கெய்ன் ஆற்றல் , வோடபோன் ப்ல் , விருப்பம் இந்தியன் அரசு முறையீடு தீர்ப்பு கொடுப்பது , லண்டன் பட்டியலிடப்பட்டுள்ளது கெய்ன் , ப்ரைம் அமைச்சர் , கெய்ன் இந்தியா , வேதாந்தா லிமிடெட் ,