Capricorn Energy plc has withdrawn all global enforcement proceedings against the Indian government ahead of a US$1.06bn tax refund. COLLABORATION The move signifies the final stage of undertakings by the company and its subsidiary Cairn Energy Holdings Ltd with the Indian authorities. “This concludes all the necessary steps required of the company under the rules […]
Tag: Capricorn Energy plc
Cairn changes name to Capricorn Energy
Cairn Energy plc announced it had officially changed its name to Capricorn Energy plc. The company announced its intention last month, adding that the majority of its subsidiaries were already known as Capricorn.
Cairn to change name to Capricorn Energy
Cairn Energy plc plans to change its company name to Capricorn Energy plc from 13 December 2021. INDIA TAX REFUND A company statement said that the move followed an agreement at the time of the Cairn India IPO that the name would ultimately be changed. “Given the recent legislative change in India and our participation […]