The government did not immediately respond to a request for comment. In 2011, Cairn Energy sold its majority stake in Cairn India to Vedanta, reducing its stake in the Indian company to about 10 per cent. Sources said an international arbitration tribunal ruled that government's tax claim of Rs 10,247 crore in past taxes over a 2006-07 internal reorganisation of Cairn's India business was not a valid demand. She‘s just 18 years old and has already started her astronaut training to be the first person to walk on Mars in 2033. Cairn Energy had transferred ownership of its Rajasthan oil field, the country's biggest onshore discovery in two decades, to Cairn India. An international arbitration tribunal had in September ruled against the government levying retrospective taxes on Vodafone Group. COVID-19. The ruling comes weeks after the government lost an international arbitration case against Vodafone Plc in September over a $2 billion retrospective tax dispute which had spooked investors at the time. British explorer Cairn Energy Plc has won an arbitration against the Indian government, seeking Rs 10,247 crore in retrospective taxes, sources said Wednesday. Follow our special coverage of Coronavirus pandemic in India and get news updates from around the world. Eric has 3 jobs listed on their profile. Edinburgh, Scotland, United Kingdom The industry has made clear strides to adopt digital innovation and transformation. Cairn Energy PLC 13 years 4 months Group Digital Innovation Manager Cairn Energy PLC Dec 2019 - Present 1 year 1 month. Cairn Oil and Gas | 178,504 followers on LinkedIn. 2019 Highlights. Cairn has been listed on the London Stock Exchange since 1988. Sam has 12 jobs listed on their profile. Discover more. Cairn Energy (Agora Oil & Gas) | 3,997 followers on LinkedIn | Agora Oil & Gas is now a subsidiary of Cairn Energy, aquired by Cairn in 2012. Shares in Cairn Energy soared after the Scottish oil and gas firm announced it had prevailed in a long-running tax dispute with the Indian Government. The tribunal has also asked government to pay the funds withheld along with the interest to the British oil explorer for seizing dividend, tax refund and sale of shares to partly recover the dues. The Edinburgh-based company filed a … View Sam Jaffe’s profile on LinkedIn, the world’s largest professional community. Join to Connect Cairn Energy PLC. Follow our special coverage of Coronavirus pandemic in India and get news updates from around the world. 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British explorer Cairn Energy Plc has won an arbitration against the Indian government, seeking Rs 10,247 crore in retrospective taxes, sources said Wednesday. Cairn took the case to arbitration in 2015 to fight against a demand in 2014 from the Indian tax department for Rs 10,200 crore ($1.4 billion) in taxes it said were owed on capital gains related to the 2007 listing of its Indian unit. Cairn contributed ~24% to India's domestic crude oil production in financial year 2019-20 and has a vision to produce 50% of India’s oil and gas. Track Latest News Live on NDTV.com. This is the second blow to the government in three months. Shares in Vedanta rose as much as 5 per cent on Wednesday. Join to Connect Cairn Energy. Heriot-Watt University. Cairn Energy's legal win ends one of the most high profile disputes in the country. "Take Me Back": A Carton Recycling Program In Chennai. Director of Strategy and Business Development at Cairn Energy PLC Edinburgh, City of Edinburgh, United Kingdom 500+ connections. 23,000 bopd. Combined net oil … Cairn Energy has won an international arbitration case against the Indian government over a tax dispute, ending one of the country's highest-profile disputes, two … About us Cairn Energy PLC ('Cairn') is one of Europe's leading independent oil and gas exploration and production companies and is listed on the London Stock Exchange. See the complete profile on LinkedIn and … Cairn Oil & Gas, Vedanta Limited, is the largest oil and gas exploration and production company in India. Cairn Energy has won an international arbitration case against the Indian government over a tax dispute, ending one of the country's highest-profile disputes, two sources with direct knowledge of the matter told news agency Reuters. View Eric Hathon’s profile on LinkedIn, the world’s largest professional community. 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