
While staying the penalties, the tribunal directed Cairn India and others involved in the case to deposit Rs 2.5 crore with Sebi within three weeks

India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agre

Cairn Energy has offered to forego $500 million and invest that amount in any oil and gas or renewable energy project identified by the Indian governm