In January 2014, the department assessed that Cairn too made an alleged capital gain on reorganising its India business prior to an IPO in 2006-07 and sought Rs 10,247 crore in taxes. But unlike ...

Cairn Energy has made its first successful ... that it has identified over $70 billion worth of Indian state assets, including buildings and Air India aircraft, that it may try to seize to force ...

India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for ₹10,247 crore in back taxes from Cairn Energy Plc -- the second time ...