Cairn offers to forego $500 mn if India agrees to pay principal due - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Cairn offers to forego $500 mn if India agrees to pay principal due

In 2006-07, Cairn listed its Indian assets on the BSE. Five years after that the government passed a retroactive tax law and billed Cairn Rs 10,247 crore plus interest and penalty for the reorganisation tied to the flotation.

from Stocks-Markets-Economic Times
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