Company Overview and News

India may not accept arbitration orders on Cairn, Vodafone tax cases

2018-05-22 livemint
New Delhi: India may not accept international arbitration orders annulling tax demands on British firms Vodafone Plc and Cairn Energy Plc, a senior official has said, adding that the tax department would continue with recovery actions.

Walmart to comply with tax rule on India Flipkart deal, CEO Doug McMillon says

2018-05-10 livemint
New Delhi: Walmart Inc. will comply with any tax demand arising from its purchase of a stake in India’s e-commerce leader, a move that could help the global giant avoid festering litigation that overseas companies such as Vodafone Group Plc face in the South Asian nation.

Arbitration hearings begin in Cairn India's challenge to Rs 20,500 crore tax demand

2018-05-06 economictimes.indiatimes
Copyright © 2018 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

Vedanta, ONGC top bidders for 55 oil and gas blocks

New Delhi : Vedanta and state-owned ONGC were top bidders on Wednesday for 55 oil and gas blocks offered in India’s maiden open acreage auction that was shunned by domestic private and international energy majors.

#39;Retrospective#39; amendment to Rajasthan production pact puts Cairn India in a spot

2018-05-01 moneycontrol
A 'retrospective' amendment to the contract for the prolific Rajasthan oil block has put its operator Cairn India in a spot, as it has to shell out more to the government to retain it for another 10 years.

Vedanta Builds Asset Synergies On Diverse Funding Sources

2018-04-24 seekingalpha
The miner has access to diversified sources of funding, totaling over $10 billion of US dollar bonds since listing and consistently enhancing credit quality.

Tata Group’s business restructuring plan hits a ‘hydrocarbon’ hurdle

2018-04-19 livemint
Mumbai: Tata Petrodyne Ltd, which has put up its six oil and gas blocks for sale, is yet to find interest from buyers, two people aware of the matter said.

I-T dept seizes Rs 440 cr Cairn dividend income

New Delhi : The Income Tax Department has seized a further Rs 440 crore of dividend income due to Cairn Energy to recover a part of the Rs 10,247 crore tax demand it had raised on the British firm using a retrospective tax legislation.

Vedanta revamping Cairn India operations

2018-04-12 livemint
Mumbai: Metals and mining giant Vedanta Ltd, the owner of Cairn India Ltd, is revamping the latter’s operations and creating special business units to sharpen the company’s focus on oil and gas, two people aware of the development said.

Deadline for bidding oil and gas blocks extended to May 2

2018-03-22 thehindubusinessline
The government on Thursday pushed back by a month the last date of bidding for a record number of oil and gas blocks to May 2.

Closing Bell: Sensex ends 74 pts higher but fails to hold 33K; Bharti Infratel up 5%

2018-03-20 moneycontrol
3:30 pm Market Closing: The market closed mildly higher amid volatility ahead of two-day US Federal Reserve meeting beginning later in the day.

Market Live: Sensex volatile ahead of US Fed meet; IOC falls for 5th day, ICICI dips

2018-03-20 moneycontrol
2:40 pm New Telecom Policy: Union Minister Manoj Sinha said the new telecom policy is almost ready and will be brought in the next session of Parliament after a Cabinet nod.

Market Live: Sensex holds morning gains ahead of US Fed meet; Cipla recovers

2018-03-20 moneycontrol
12:42 pm Market Update: The market continued to trade higher with the Sensex rising more than 100 points and was trading above the 33,000 levels. Investors looked for cues from the two-day US Federal Reserve meeting beginning later in the day.

Market Live: Sensex reclaims 33,000, up 100 pts ahead of US Fed meet

2018-03-20 moneycontrol
11:24 am Market Update: The market continued to trade higher with the BSE Sensex rising around 100 points amid volatility ahead of the US Fed's key policy meet that begins later in the day.

Market Live: Sensex at day#39;s high, Nifty above 10,100; IT stocks lead recovery

2018-03-20 moneycontrol
10:40 am Buzzing: Shares in India's Canara Bank tumbled more than 5 percent after the country's federal police filed charges against a former chairman of the state-run bank and others over allegations that the officials helped a company defraud the bank of about USD 10.5 million taken in loans over four years ago.

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