Tag: Compensation

Volkswagen gets final nod for $14.7 billion Dieselgate settlement

US-based owners of Volkswagen vehicles affected by the manufacturer’s infamous emissions scandal will now be able to sell their cars back to dealerships, after the company was granted final approval on its proposed $14.7 billion compensation deal. US District Judge Charles Breyer in San Francisco signed off on Volkswagen’s (VW)[Read More…]

Mamata draws online flak after compensation announcement

Bengal chief minister Mamata Banerjee has received a lot of flak by people on Twitter after she announced a sum of ₹2 lakh each for the families of martyrs. Recently, the Bihar government too came under attack after Suneeta, widow of Hav Ashok Kumar Singh, refused the compensation and asked,[Read More…]

Cairn Energy seeks $5.6 billion from India

Cairn Energy filed a case against India in an international arbitration court seeking compensation of $5.6 billion for raising a retrospective tax demand of ₹29,047 crore on a 10-year old internal reorganisation of its Indian unit. The firm says India has not given its investments “fair treatment” as expected under[Read More…]

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