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IT-department on Cairn India

India not to sell Cairn Energy shares to recover tax

India not to sell Cairn Energy shares to recover tax

Sun, Nov 19, 2017

Cairn Energy holds 4.95% stake in Vedanta Ltd that the income tax department had attached in January 2014 after slapping the British firm with a Rs 10,247-crore tax demand over a decade-old internal reorganisation of Indian business.

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