Cairn Energy can seize Indian assets

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UK oil firm Cairn Energy can seize Indian state assets following a French court ruling. It is part of a dispute with New Delhi over a $1.7bn award to Cairn by an international tribunal last December, although the ruling reportedly relates to around $20m of assets held in France, potentially including some owned by Air India, as the BBC's Nikhil Inamdar explains. And we get reaction to the development from David Nisbet, who is Cairn Energy's director of group corporate affairs. Also in the programme, we hear why authorities in Nigeria have instructed banks to freeze assets of the South African media company MultiChoice. Plus, we have an extended report from the BBC's Victoria Craig, examining the future of the City of London as a global financial hub, six months on from the end of the Brexit transition period. (Picture: An Air India plane. Picture credit: Getty Images.)