{"id":397404,"date":"2021-01-27T12:09:14","date_gmt":"2021-01-27T06:39:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397404"},"modified":"2021-01-27T12:09:14","modified_gmt":"2021-01-27T06:39:14","slug":"cairn-threatens-to-enforce-arbitration-award-against-indias-foreign-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cairn-threatens-to-enforce-arbitration-award-against-indias-foreign-assets\/","title":{"rendered":"Cairn threatens to enforce arbitration award against India\u2019s foreign assets"},"content":{"rendered":"<p>New Delhi: Cairn Energy has told India it is prepared to move towards enforcing a $1.2 billion arbitration award against India\u2019s assets overseas, in a step to mount pressure on the government to quickly implement the judgement.<\/p>\n<p>An arbitration tribunal last month ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute and ordered the Indian government to pay the UK firm damages of $1.2 billion plus interest and cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Cairn Energy has told India it is prepared to move towards enforcing a $1.2 billion arbitration award against India\u2019s assets overseas, in a step to mount pressure on the government to quickly implement the judgement. An arbitration tribunal last month ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute and ordered the Indian government to pay the UK firm damages of $1.2 billion plus interest and cost.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-397404","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=397404"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397404\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}