Page 2 - கெய்ன் இந்தியா க்கு வேதாந்தா லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from கெய்ன் இந்தியா க்கு வேதாந்தா லிமிடெட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In கெய்ன் இந்தியா க்கு வேதாந்தா லிமிடெட் Today - Breaking & Trending Today

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 ,

DNA Explainer: Cairn Energy wins arbitration award against India in tax dispute; what does it mean?


DNA Explainer: Cairn Energy wins arbitration award against India in tax dispute; what does it mean?
Cairn had challenged the Indian government seeking taxes over an internal business reorganisation using the 2012 retrospective tax law.
Cairn took the case to arbitration in 2015 to fight against a demand in 2014 from the Indian tax department for Rs 10,247 crore ($1.4 billion) in taxes it said were owed on capital gains related to the 2007 listing of its Indian unit. (Photo: Official website of Cairn India)
Share
Updated: Dec 23, 2020, 07:00 PM IST
Cairn Energy has won an international arbitration case against the Indian government over a tax dispute on Wednesday. ....

United Kingdom , Cairn India To Vedanta Ltd , Cairn Energy , Vodafone Group Plc , United Kingdom India Bilateral Investment , Cairn India , Vedanta Ltd , United Kingdom India Bilateral Investment Treaty , ஒன்றுபட்டது கிஂக்டம் , கெய்ன் இந்தியா க்கு வேதாந்தா லிமிடெட் , கெய்ன் ஆற்றல் , வோடபோன் குழு ப்ல் , கெய்ன் இந்தியா , வேதாந்தா லிமிடெட் ,