Which Company recently sought $ 5.6 billion in compensation from Govt. of India ?
A. Vodafone
B. Sahara India
C. Adani Ent.
D. Cairns Energy
Answer:D
Which Company recently sought $ 5.6 billion in compensation from Govt. of India ?
A. Vodafone B. Sahara India C. Adani Ent. D. Cairns Energy
Explanation: Edinburgh (UK)-based oil exploration group Cairns Energy filed ‘Statement of Claim’ with an international arbitration panel on 28 June 2016 seeking withdrawal of a retrospective tax demand of Rs. 29,047 crore made by the Indian Government on 10-year old internal reorganisation of its India unit. Check Detail EXPLANATION at INDIA GK Mobile App.