Cairn To Accept $1bn Refund For Withdrawing Arbitration Cases Against India ...Middle East

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Cairn To Accept $1bn Refund For Withdrawing Arbitration Cases Against India
New Delhi:  British energy major Cairn expects to get $1.06 billion (Rs 79,000 crore) as refund by the Government of India, following which the company will withdraw all its international arbitration award claims and cases. Simon Thomson, Chief Executive, Cairn Energy PLC said: “Progress in resolving our Indian tax issue and active portfolio management leave […] The post Cairn To Accept $1bn Refund For Withdrawing Arbitration Cases Against India appeared first on Ommcom News.

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