Cairn India is caught between a rock and a hard place-even if its board was to drop the proposed deal with Vedanta, it will have to bear the burden of royalty as per the government's directive. CNBC-TV18's Sajeet Manghat and Ashwin Mohan say the decision will be taken when the board meets on July 24.
first published: Jul 6, 2011 10:13 pm
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