Cairn Energy agrees to drop cases against India in exchange for $1.06 billion refund

The company had moved international courts to seize Indian properties in foreign countries as a result of a tax dispute.

Scroll Staff

· Sep 07, 2021 · 06:28 pm

US not looking for a new trade agreement, says Union minister Piyush Goyal

In such a trade deal, partners cut down on tariff-related hurdles on a specific number of goods in order to boost trading.

Scroll Staff

· Aug 20, 2021 · 11:39 am

Piyush Goyal says industry practices against country’s interest, criticises Tata Group: Report

The commerce minister made the remark at the Confederation of India Industry’s annual meeting. The video of his remarks was taken down.

Scroll Staff

· Aug 14, 2021 · 12:21 pm

Twitter India head Manish Maheshwari will move to US as company’s senior director

Kanika Mittal, the current head of sales, and Neha Sharma Katyal, who leads the business department, will co-lead Twitter’s revenue and sales in India.

Scroll Staff

· Aug 13, 2021 · 07:47 pm

Government undid a mistake of the past by scrapping retrospective tax, says PM Modi

The prime minister said the move to rescind the contentious retrospective tax law of 2012 will increase the trust between the Centre and the industry.

Scroll Staff

· Aug 11, 2021 · 06:43 pm

Centre introduces Bill to nullify retrospective tax, provide refund in cases where it has been paid

The tax has been at the centre of disputes between the Indian government and firms like Vodafone and Cairn Energy.

Scroll Staff

· Aug 05, 2021 · 07:08 pm

Kumar Mangalam Birla steps down as Vodafone Idea chairman and director

Stocks of the crisis-hit telecom operator fell 18.51% and hit an all-time low in Wednesday’s trading.

Scroll Staff

· Aug 04, 2021 · 08:40 pm

Vodafone loses over Rs 2,700 crore in market cap after KM Birla offers to give his stake to Centre

In a letter, Birla told the government that he was willing to hand over his 27.66% stake in the debt-laden firm to any entity that could keep it ‘going’.

Scroll Staff

· Aug 04, 2021 · 11:02 am

Depositors will be paid up to Rs 5 lakh within 90 days of banks being put under moratorium: Centre

The finance minister said that 98.3% of all bank accounts would be fully protected by the law.

Scroll Staff

· Jul 28, 2021 · 06:37 pm

India has not received any order on Cairn Energy seizing government properties in Paris, says Centre

Cairn Energy had said it was authorised by a French court to seize India-owned properties in Paris in a tax dispute case.

Scroll Staff

· Jul 08, 2021 · 12:54 pm

Three Adani Group stocks lose 5% each despite denial on reports of freeze on foreign funds

The National Securities Depository Limited has denied reports that the accounts of three foreign investors in Adani Group have been frozen.

Scroll Staff

· Jun 15, 2021 · 02:52 pm

Adani Group says reports of freeze on foreign funds ‘blatantly erroneous’

Reports said that the National Securities Depository Limited had frozen the accounts of three foreign funds that are among the top stakeholders in Adani Group.

Scroll Staff

· Jun 14, 2021 · 06:39 pm