Page 36 - Simon Thomson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Explore Now The US Senate nod to President Biden's new stimulus package and strong economic readings globally -- upbeat numbers in US payroll report and data showing a surge in Chinese February exports -- may send domestic stocks soaring on Monday. Crude oil that zipped past $70 a barrel, however, may play spoiler. Here's breaking down the pre-market actions: STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 161 points, or 1.08 per cent, higher at 15,114.50 in signs that Dalal Street was headed for a gap-up start on Monday. Tech View: Nifty charts show weak trend Nifty50 on...

Cairn Wants India To Pay $1.4 Billion, Shareholders To Seek Enforcement Mar 07 2021, 11:18 AM March 07 2021, 11:18 AM March 07 2021, 11:18 AM British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the use of the company’s “strong powers of enforcement” to recover $1.4 billion from the Indian government should it not keep word of honouring international arbitration tribunal awards on retrospective taxes. British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of ...

Finance Minister Nirmala Sitharaman had on March 5 indicated the government's intent to appeal against the award when she said it is her

Updated Mar 07, 2021 | 15:43 IST In January 2014, the department assessed that Cairn too made an alleged capital gain on reorganising its India business prior to an IPO in 2006-07 and sought Rs 10,247 crore in taxes. Cairn wants India to honour its word and pay $1.4 bn, shareholders to seek enforcement  New Delhi: British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the use of the company’s “strong powers of enforcement” to recover USD 1.4 billion from the Indian government should it not k...

CEO Simon Thomson, who last month met top finance ministry officials, said the Indian government should keep its word on honouring arbitration awards