Cairn Energy to seek $1.1bn tax refund from New Delhi
(Sharecast News) - Cairn Energy has entered into undertakings with New Delhi that could see the Indian government return roughly $1.06bn in taxes to the oil exploration outfit.
Read more(Sharecast News) - Cairn Energy has entered into undertakings with New Delhi that could see the Indian government return roughly $1.06bn in taxes to the oil exploration outfit.
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Read moreCORRECT: Cairn Energy dangles USD700 million shareholder return
Read moreTOP NEWS: Cairn Energy dangles USD700 million shareholder return
Read more* Expects $1.06 bln refund from India for retrospective tax* Plans to pay $500 mln special dividend, $200 mln buyback* India targeting resolution in next few weeks -Cairn CEO (Adds new CEO comment, analyst view, detail on claims, background)By Push...
Read more(Sharecast News) - Cairn Energy reported an operating loss of $47.4m in its first half on Tuesday, narrowing from a restated $89.6m year-on-year, as it talked up the proposition of a serious shareholder return, contingent on the resolution of its tax dispute in India.
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