In December, an arbitration body awarded the British firm damages of $1.2 billion plus interest and costs, after ruling India had breached its obligations to Cairn under the U.K.-India Bilateral...
source https://www.ndtv.com/business/cairn-hopeful-of-solution-in-1-2-billion-plus-tax-dispute-with-government-2375275
source https://www.ndtv.com/business/cairn-hopeful-of-solution-in-1-2-billion-plus-tax-dispute-with-government-2375275
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