British company Cairn Energy says hit by $500 million loss due to Indian retrospective tax http://bit.ly/2x1TxvF
British company Cairn Energy says hit by $500 million loss due to Indian retrospective tax http://bit.ly/2MgDqiQ The company said it is seeking full restitution for losses totalling over $1.4 billion (around Rs 102 billion) resulting from India’s expropriation of its investments in India in 2014. http://bit.ly/2x1TxvF September 11, 2018 at 01:31AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq