Govt may give oilfield to Cairn in lieu of $1.4 billion dues https://ift.tt/eA8V8J

The British firm gave India its biggest onland oil discovery but exited the country after it was slapped with a ₹10,247-crore tax demand using a legislation that gave the government the powers to tax companies retrospectively

from The Hindu - National https://ift.tt/2Yyje4s