Sunday, March 7, 2021

Cairn wants India to honour its word and pay $1.4 billion, shareholders to seek enforcement

Cairn wants India to honour its word and pay $1.4 billion, shareholders to seek enforcement Cairn CEO Simon Thomson, who last month met top finance ministry officials for three straight days over the issue, said the Indian government should keep its word on honouring arbitration awards and return the USD 1.4 billion that an international arbitration tribunal has ordered rescinding a retrospective tax demand.

from Moneycontrol Business News https://ift.tt/3vbdtsP

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FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

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