A Cairn India employee works at a storage facility for crude oil at the Mangala oil field in 2009. Photo: Reuters
A Cairn India employee works at a storage facility for crude oil at the Mangala oil field in 2009. Photo: Reuters
India

Can Modi beat China in the FDI game? India’s tax dispute with Cairn Energy might hold the answers

  • India’s finance minister and the British firm’s CEO are meeting on Tuesday to discuss the US$1.4 billion New Delhi is liable to pay Cairn
  • A cordial solution to the long-running wrangle over retrospective taxation will assure potential investors and help position India as an alternative to China

A Cairn India employee works at a storage facility for crude oil at the Mangala oil field in 2009. Photo: Reuters
A Cairn India employee works at a storage facility for crude oil at the Mangala oil field in 2009. Photo: Reuters
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