Sunday, January 31, 2021

Govt may give oilfield in lieu of $1.4 billion it has to pay Cairn, save overseas assets

Govt may give oilfield in lieu of $1.4 billion it has to pay Cairn, save overseas assets For a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limited and it may not have the financial bandwidth for such a payout, two sources with knowledge of the development said.

from Moneycontrol Business News https://ift.tt/39xaYIq

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