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Cairn Energy shares plunge on tax row

2015-03-11 12:51:35| Oil & Gas - Topix.net

Shares in Cairn Energy fell 18.3% on Wednesday following Tuesday's announcement that it must pay a $1.6bn fine for unpaid tax in India. It has has been trying to exit India's oil market, where it made a fortune for shareholders, for over a year.

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