Cairn Gets Rs 7,900 Crores From India In Retro Tax Dispute Settlement

INSUBCONTINENT EXCLUSIVE:
India refunds Rs 7,900 crore to Cairn Energy as settlementNew Delhi: The Indian government has refunded Rs 7,900 crore to Britain's Cairn
Energy Plc to a dispute over the levy of retrospective taxes.Cairn, which is now known as Capricorn Energy Plc, in a statement said the tax
refund has been paid and "net proceeds of USD 1.06 billion have been received."