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Friday, October 3, 2025
TopicCairn India Ltd.

Topic: Cairn India Ltd.

Cairn to drop cases against India after it gets $1 billion refund, CEO Simon Thomson says

Cairn said it will return up to $700 million out of the $1.06 billion it is supposed to get from Modi govt to 'shareholders via special dividend and buyback.'

Air India’s privatisation won’t be affected by Cairn ‘pressure tactics’, govt says

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.

Cairn Energy sues Air India, seeks to seize India’s overseas assets to recover $1.7 billion

Sources in the govt said India will take all necessary steps to defend itself against any such 'illegal enforcement action'.

Govt examining Cairn retrospective tax order, law of the time has to be carried out—CBDT chief

P.C. Mody says govt has already appealed international tribunal order in Vodafone retrospective tax case, and will soon decide whether to appeal Cairn verdict too.

How India self-inflicted Vodafone & Cairn humiliation over ‘bad idea’ of retrospective tax

In episode 647 of #CutTheClutter, Shekhar Gupta says India must stop digging the hole and rethink its decision to appeal the rulings against retrospective tax.

Cairn, Vodafone retrospective tax cases hurt UK investments in India, says business body

Jayant Krishna, Group CEO of UK-India Business Council, says countries are now looking to removing non-tariff barriers to trade as Brexit process continues.

Cairn loses $216 million Vedanta stake as Indian tax row deepens

According to Bombay Stock Exchange, Cairn held about 5 per cent stake in Vedanta as of December 31.

On Camera

6 reasons Trump’s Gaza plan won’t work—even if Hamas accepts it

On paper, the 21-point plan looks balanced—Palestinian governance, international oversight, reconstruction pledges. But in reality, it is a non-negotiable diktat.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Army chief’s big warning to Pakistan: Stop sponsoring terrorism if you want to exist geographically

Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.