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Cairn Energy seeks compensation from India on tax demand

Last Updated: Tuesday, March 24, 2015, 13:52

I-Tax Department says Cairn Energy allegedly made a capital gain of Rs 24,503.50 crore in 2006 while transferring all its India assets to a new company, Cairn India.

India to grow at 7.8% in 2015-16; surpass China: ADB

Last Updated: Tuesday, March 24, 2015, 09:24

ADB said India's growth and investor confidence will improve on the back of government's structural reform agenda and improved external demand.