Exclusive: Nissan settles dispute with Indian state over unpaid dues - sources
Share:
NEW DELHI/CHENNAI (Reuters) - Nissan Motor Co has agreed to settle a long-running dispute with the Indian state of Tamil Nadu after claiming it was owed 50 billion rupees in unpaid dues and damages, six sources told Reuters.As part of the settlement, the Japanese automaker is expected to receive between 14 billion rupees ($185 million) and 18 billion rupees ($238 million), two sources aware of the matter said. The dispute arose after Nissan said Tamil Nadu hadn't paid certain incentives under a..