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.'
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.
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.
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.
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.
Just as India’s educated elite have benefited from missionary-run schools, temple donations could be channelled for the economic and educational upliftment of Hindus.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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