Cairn India says will not accept any term hitting its value
Plunging into the $9.6 billion deal between its parent firm and mining group Vedanta Resources, Cairn India has said it will not accept any government condition that will negatively impact its value. The Indian partner in the Cairn fileds, ONGC had indicated that it did not want to pay the full royalty for the field, because it was minority holder and majority partners should pick up the tab.
