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Cairn names ex-Bulgarian minister arbitrator for tax dispute

Last Updated: Monday, May 25, 2015, 21:23

Cairn Energy of UK has named former Bulgarian minister and lawyer Stanimir A. Alexandrov as its arbitrator for resolution of the Rs 10,247-crore tax demand the Indian government had slapped on it using retrospective taxation.

Cairn seeks revision in Rajasthan block's pricing formula

Last Updated: Monday, May 18, 2015, 16:22

Cairn India has demanded a change in the pricing formula for crude oil from its prolific Rajasthan block saying the current pricing mechanism does not capture the full value of oil.