I.T. Dept To Attach Cairn UK's Stake?
  • Prabha Hedge
  • Jan 29 2014

January 29: The pending tax axe on Cairn U.K. has put a big question on the Cairn India buyback. Bloomberg TV India has learnt that the I.T. Department is not just seeking a stay on transfer of shares, but it is looking to attach Cairn U.K.'s 10% stake in the India entity. Avantika Gode shares a detailed report on the same.