Cairn Energy sues Air India in US court to enforce $1.2 billion arbitration award - Business News: Latest Share Market , Economy & Finance News | Trendmergers

Breaking

Post Top Ad

Post Top Ad

Cairn Energy sues Air India in US court to enforce $1.2 billion arbitration award

The move ratchets up pressure on India's government to pay the sum of $1.2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December. The body ruled India breached an investment treaty with Britain and said New Delhi was liable to pay.

from Industry-Economic Times
Read The Rest:economictimes...

Post Top Ad