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Cairn India confident of $1.2 billion payout from India along with damages
Mar 14: Cairn India Plc is looking at not $1.2 billion but a $2.6 billion award against Indian authorities under the UK-India Bilateral Investment Treaty
8The final hearing is coming up in the Hague and company analysts are looking forward to a favorable outcome
8Cairn is seeking restitution under the UK India treaty for losses resulting from the attachment of its shares in Vedanta by Indian tax authorities and failure to treat the company and its investments fairly and equitably.
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