RE: Not paying the arbitration award to Cairn would not be10 Mar 2021 22:33
EC...I agree with the logic.
Sadly many companies will be willing to take this risk to get the benefits that India offers. India is a huge market and retro tax is just another risk that will be weighed in the bargain.
Will there be some companies that will choose not to invest in india? Probably IMHO.
Will it be possible to measure any drop of investment? Unlikely IMHO. India is a growth market and I doubt this will stop that.