Sunday, May 16, 2021

Cairn identifies $70 billion Indian assets for seizing to recover amount due from govt

Cairn identifies $70 billion Indian assets for seizing to recover amount due from govt The assets identified range from Air India#39;s planes to vessels belonging to the Shipping Corporation of India, and properties owned by state-owned banks to oil and gas cargoes of PSUs, three people familiar with the matter said. These assets are across several jurisdictions, they said without giving further details.

from Moneycontrol Business News https://ift.tt/2QlnKCU

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