Cairn Energy hit with $1.6bn tax bill

Cairn Energy has vowed to challenge an order from Indian tax authorities for $1.6 billion plus interest and penalties in a row over capital gains tax on the UK operator’s former subsidiary in India.

Tax row: Cairn Energy files dispute notice after Indian order
Tax row: Cairn Energy files dispute notice after Indian order
Published 10 March 2015, 17:13Updated 10 March 2015, 17:21
Asia & Oceania