India's taxation policy hurdle in expansion plans: Rosneft
Russian oil giant Rosneft on Friday criticised India's taxation policy, saying it was a major hurdle in its expansion plans. India needs to streamline its taxation system with international regime and not double tax foreign investors, the company added. Rosneft and its partners completed the $12.9-billion acquisition of Essar Oil in August last year and renamed the company Nayara Energy.