Cairn India

Vedanta names Ajay Kumar Dixit as CEO of oil and gas business to replace Sudhir Mathur

Mining baron Anil Agarwal-led Vedanta on Tuesday announced the appointment of Ajay Kumar Dixit as the CEO of its oil and gas arm, Cairn, replacing Sudhir Mathur who has quit the company unexpectedly

Vedanta-led Cairn India CEO Sudhir Mathur, CFO Pankaj Kalra quit firm; Ajay Dixit will be interim chief

Cairn India chief executive Sudhir Mathur has resigned from the company, the fourth CEO to quit the firm since it was taken over by mining billionaire Anil Agarwal-led Vedanta Group seven years back

Cairn Energy's holding in Vedanta down to 0.1% after Income Tax Department sells 99% shares

British oil firm Cairn Energy Plc Tuesday said its holding in Vedanta Ltd has dropped to just 0.1 percent after the Income Tax Department sold most of its 4.9 percent stake in the company to recover a retrospective tax demand

'No immediate plans to retire, Vedanta needs my agression, risk-taking ability', says Anil Agarwal

Agarwal has delisted his flagship Vedanta Resources from the London Stock Exchange (LSE) and is now concentrating on growing mineral mining and oil and gas businesses out of the India-listed firm, Vedanta Ltd.

Cairn India to pay $0.1 million if it fails to meet exploration commitment in oil block

Cairn India, which is now part of Vedanta Ltd, had earlier this year won 41 blocks of the 55 areas auctioned in the first bid round under the Open Acreage Licensing Policy (OALP)

Vedanta's April-June profit doubles to Rs 1,525 cr on strong volume

The quantum jump in profit during the April-June quarter was on account of volumes and improved zinc pricing, CEO Tom Albanese said

Cairn's Rs 10,247 cr tax dispute: How co created maze of subsidiaries to make capital gains

Cairn's case is that none of the 2006 transactions was taxable in India according to the law in force at the time,

I-T department seeks Rs 30,000 cr penalty from Cairn for non-payment of tax

The Income Tax Act provides for penalties of 100 percent to 300 percent of the tax due, the official said, adding that the notice sent does not mention of the quantum of penalties the tax department is seeking.

Cairn liable to pay Rs 10,247 cr capital gains tax but not interest on it, says tax tribunal ITAT

ITAT held that Cairn Energy was liable to pay the tax on share transfer it did through an internal reorganisation of its India business in 2006, prior to getting Cairn India listed on stock exchanges

Cairn India Improves Access To Remote Project Sites With Polycom Collab Solutions

Cairn India uses video collaboration to connect to offshore oil rigs, speed up product development cycles, and reduce travel time by 40 percent.