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Wednesday, September 10, 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

Is Nepal having a Bangladesh moment? Gen Z protests more than social media ban

Prime Minister KP Sharma Oli’s government is being called ‘Hatyara Sarkar’. Home Minister Ramesh Lekhak has resigned, but the protests continue to intensify.

What happens to Haryana real estate agents now? Govt agency HSVP to act as broker, take commissions

Gurugram: Stirring a storm in Haryana's real estate circles, the Haryana Shehri Vikas Pradhikaran (HSVP)—the state's urban development agency—has taken on the role of...

Modi to address military brass next week; theaterisation & Op Sindoor on agenda for Kolkata conference

The Combined Commanders’ Conference (CCC) in Kolkata is also likely to see deliberations on the proposed 'Sudarshan Chakra' missile defence system.

Punjab is fast becoming the new Northeast. And there’s a message in it for Modi

In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?