Decision will end India’s dispute with Vodafone Plc and Cairn Energy Plc, and in 15 other similar cases. FM Sitharaman notes that the retrospective tax became a ‘sore point’ with investors.
A tax dispute stemming from a 15-year old transaction has adversely impacted India’s efforts to project itself as an investor friendly destination. ThePrint explains
Cairn Energy has been moving aggressively to push the Modi govt to comply with the $1.7 billion arbitration award that it won in December 2020 in the retrospective taxation case.
Calling Air India an 'alter ego' of the Indian state & therefore liable for sovereign’s debts, Devas filed plea in New York asking the airline to pay the amount or forfeit its US property.
Cairn Energy has sued Air India in the US to recover its $1.2 billion arbitration award. This has raised questions around the stake sale of the national carrier.
NSE CEO Ashishkumar Chauhan was speaking at Off The Cuff event hosted by ThePrint's Editor-in-Chief Shekhar Gupta. He said that NSE, on average, sees 20 crore cyberattacks each day.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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