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Cairn India takes authorities to court over tax demand...

Cairn India Ltd, India's largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a $3.3 billion tax demand from Indian authorities related to its listing in 2007

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Nearly 100 foreign funds have been asked to cough up an estimated $ 5-6 billion for 'untaxed gains' made by them in Indian markets over the past years.

SAIL, Tata Steel bag Modi's trophy...

Indian Prime Minister Narendra Modi gave away the PM's Trophy for best performing integrated steel plant to Tata Steel for 2010-2011, and to SAIL's Bhilai Steel Plant for the year 2011-12, at Rourkela.