Cairn will continue challenging use of a new legislation to tax internal business reorganisation with retrospective effect and will seek $1 billion in damages
2 min read3 Apr 2016Cairn Energy says it has high level of confidence in its case under UK-India Investment Treaty
1 min read20 Jan 2016The loss of value is equivalent to about 40% of Cairn Energy's market capitalization, according to data compiled by Bloomberg
1 min read18 Aug 2015The firm and its JV partners encountered 29 metres of net oil bearing reservoir at FAN-1 well, around 100km off the coast
1 min read7 Oct 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared