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Enbridge Appoints New Director to its Board

Enbridge Appoints New Director to its Board
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Cairn dispute : Order to seize 20 Indian properties in France | फ्रान्समधील भारताच्या 20 मालमत्ता जप्त करण्याचे आदेश; कंपनीला 12,580 कोटी दंड न दिल्याने कारवाई

Cairn Dispute : Order To Seize 20 Indian Properties In France
केयर्न वाद:फ्रान्समधील भारताच्या 20 मालमत्ता जप्त करण्याचे आदेश; कंपनीला 12,580 कोटी दंड न दिल्याने कारवाई
नवी दिल्ली19 तासांपूर्वी
कॉपी लिंक
ब्रिटिश कंपनी केयर्न एनर्जीसोबतच्या वादात भारत सरकारला मोठा धक्का बसला आहे. फ्रान्सच्या एका न्यायालयाने पॅरिसमधील भारत सरकारच्या २० मालमत्ता जप्त करण्याचे आदेश दिले आहेत. मध्यस्थ न्यायालयाने भारताकडून १.७ � ....

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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. ....

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Explained: Why Cairn Energy is moving to seize Indian assets

Explained: Why Cairn Energy is moving to seize Indian assets
Explained: Why Cairn Energy is moving to seize Indian assets
UK-based oil major Cairn Energy is taking swift steps to seize India s foreign assets. The company recently won a $1.4 billion arbitration award against India. Here is all you need to know.
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UPDATED: May 17, 2021 16:20 IST
The dispute dates back to 2015 when the Indian government sent a notice to Cairn Energy Plc regarding a retrospective tax demand. (Photo: Reuters)
The dispute dates back to 2015 when the Indian government sent a notice to Cairn Energy Plc regarding a retrospective tax demand. Five years later, on December 21, 2020, India was ordered to return up to $1.4 billion (with interest) to the UK company after an international arbitration overturned India s retrospective tax demand. ....

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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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