Reuters first to report Cairn Energy wins $1.6 billion dispute with Indian government | Reuters News Agency
Business & Finance

Reuters first to report Cairn Energy wins $1.6 billion dispute with Indian government

Reuters was first to report that Cairn Energy, owned by India’s Vedanta Ltd, had won an international arbitration case against the Indian government over a $1.6 billion tax dispute. The news sent Vedanta shares up as 5% on a flat Mumbai market. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Middle East
Countries: India
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: Cairn India employees work at a storage facility for crude oil at Mangala oil field at Barmer in the desert Indian state of Rajasthan August 29, 2009. REUTERS/Parth Sanyal/File Photo
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