Cairn Energy rose as much as 45% in early London trading, its biggest intraday gain in nearly 17 years. India was ordered to return more than $ 1.2 billion to Cairn Energy Plc after Prime Minister Narendra Modi’s administration lost arbitration proceedings in a tax dispute, its second tax loss. …
Read More »India asked to pay $ 1.2 billion to Cairn after arbitration loss
