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Cairn Energy

Mar 30, 2015 at 10:51 | Source: CNBC-TV18
According to sources in the Central Board of Direct Taxes (CBDT), tax matters are not covered under UK-India bilateral Investment treaty (BIT).
Mar 27, 2015 at 20:34 | Source: PTI
Billionaire Anil Agarwal-led group said it will take "all necessary steps" to protect interest against the tax notice on Cairn India.
Mar 18, 2015 at 19:08 | Source: PTI
In a note on last week's visit of Finance Minister Arun Jaitley to London, UKIBC Group CEO Richard Heald said that the tax demand came at a time when the Indian government has been publicly talking about the negative impact of retrospective taxation on investor sentiment towards India.
Mar 17, 2015 at 14:44 | Source: PTI
Last week, Income Tax Department has slapped a Rs 20,495 crore tax demand on Cairn India Ltd for allegedly failing to pay taxes on gains made by its former parent (Cairn Energy) in a share transfer transaction about eight years ago.
Mar 14, 2015 at 14:17 | Source: PTI
A minister in the UK Treasury has said that the dispute surrounding the USD 1.6 billion tax bill imposed on Scottish oil major Cairn Energy by Indian authorities will not affect UK investor confidence in India.
Mar 13, 2015 at 17:05 | Source: PTI
A meeting with British Prime Minister David Cameron is planned for tomorrow and likely to take place before the official unveiling ceremony for a statue of Mahatma Gandhi at Parliament Square.
Mar 13, 2015 at 11:21 | Source: PTI
Cairn India said it does not agree with the tax demand and will pursue all possible options to protect its interest.
Mar 13, 2015 at 09:40 | Source: Moneycontrol.com
Cairn India Limited has received an order from the Income Tax Department today for an alleged failure to deduct withholding tax on alleged capital gains arising during 2006-07 in the hands of Cairn UK Holdings Limited (CUHL), our erstwhile parent company, a subsidiary of Cairn Energy Plc.
Mar 12, 2015 at 18:51 | Source: PTI
Concerned over the Rs 10,247 crore tax notice slapped on Cairn Energy by Indian authorities, UK on Thursday asked India to provide "predictable, stable and attractive" business environment and not only talk about it.
Mar 12, 2015 at 09:54 | Source: CNBC-TV18
A day after the tax department was learnt to have issued a notice to London-based Cairn Energy in a three-year-old case, sources told CNBC-TV18 government officials believe the issue is a legacy of the previous government and that the incumbent regime is committed to ending the era of retrospective taxation.
Messages on Cairn Energy »

dipu_1990

Platinum Member

180 Followers

Cairn India  

no doubt cairn energy would need funds for its E&P activities, but the co had also announced a buyback program of its own. a co doesn`t announce a BB unless they have surplus reserves, with the cairn india share sale adding to its kitty. there has been no large oil fields coming to an end

6.23 PM Jul 4th 2014

dipu_1990

Platinum Member

180 Followers

Cairn India  

if u r considering the shareholding of cairn energy as retail, then it might be. as per the last SHP filed by the co, retail individuals (less than Rs 1 lakh) hold 2.11%, individuals (excess of Rs 1 lakh) hold 0.23%, NRIs hold 0.09%, clearing members (not transferred to demat) hold 0.15%, directors

4.44 PM Jun 29th 2014

soporofic

Platinum Member

83 Followers

Cairn India  

absolutely agree . Cairn energy is the lion share choice of the FM of the coveted FIDELITY WORLD REALL ASSET FUND . regards

9.38 PM Jun 26th 2014

paul F C

Gold Member

22 Followers

Cairn India  

Cairn Energy PLC Stock Rating Reaffirmed by Credit Suisse (CNE) | 54% Upside http://tickerreport.com/banking-finance/234630/cairn-energy-plc-stock-rating-reaffirmed-by-credit-suisse-cne/?

11.18 AM Jun 19th 2014

ckkc2005

Silver Member

0 Follower

MF & Taxes  

I would like to know if this amendment can affect Cairn Energy tax demand & ultimately share buyback of Cairn India.

11.29 AM Jun 15th 2014

dipu_1990

Platinum Member

180 Followers

Cairn India  

Vedanta Resources has a gross debt of $16.9 billion and a net debt of $7.92 billion. Sesa Goa, which was a cash rich co, was taken over by the Vedanta group and it`s reserves were used to buy the shares of Cairn India from Cairn Energy. and after that the promoters have pledged 738873586 (65

10.27 PM Jun 12th 2014

chakla

Gold Member

20 Followers

Essar Oil  

RELIANCE or CAIRN energy which are very big refineries may buy this small company to increase their refinery capacity

2.27 PM Jun 10th 2014

dipu_1990

Platinum Member

180 Followers

Cairn India  

up! then the residual shares held by cairn energy was said to be the reason for the stagnant share price. a BB was devised for that, but the IT people nipped that in the bud! what seems to be the reason now? gas price hike? BB offer? sri lanka oil/gas finds? big gas in Rajasthan? pipeline to gujarat

12.31 PM Jun 10th 2014

SHALLUGAURA
V

Platinum Member

207 Followers

Cairn India  

I think, Indian new govt. has made it clear, that there will be no RETROSPECTIVE TAX law implementation, so almost this CAIRN ENERGY, U.K. is free from the tangles of Income tax dept. and soon they will get permission to take part in buy back process. If Mr. BILL GAMMMEL would have been its

7.16 PM Jun 5th 2014

dipu_1990

Platinum Member

180 Followers

Cairn India  

now. that cannot be still used as an excuse for the under-performance. tax issue affects cairn energy, which holds under 10% residual stake. and even that cropped up recently, just before the BB was to commence. the co was involved in starting production from the oil wells. they have achieved

12.50 PM May 30th 2014

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