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CAIRN ENERGY CASE
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...- Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimis...
- Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminiu...
- Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
- Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following...
- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- Cairn Energy withdraws all litigations in retrospective tax caseCairn Energy “has entered into the final stage in its undertakings with the Government of India by withdrawing Indian and global appellate ...
- Sale of Cairn shares by govt a bad decision? Legal experts weigh inOnce the December 2020 ruling of the international tribunal on the arbitration initiated by Cairn came overturning the levy of taxes on the...
- $1.2 bn arbitration award: Govt says no formal proposal from Cairn to settle disputeWith New Delhi refusing to pay and instead challenged the award before a court in The Netherlands, Cairn has got the order registered in se...
- Cairn to file lawsuits to seize foreign assets of Indian PSUsCairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Eman...
- Final arbitration hearings on India tax demand in August: CairnIn an operational update, Cairn said the three-member international arbitration tribunal has indicated that it will expeditiously draft the...
- I-T dept lifts freeze on Cairn dividend payout,stake bar staysThe department, using the 2012 law that gives it power to impose retrospective tax, had last year made a demand of Rs 29,047 crore on Cairn...
- Cairn India, Vedanta merger only after tax liability settled: GovernmentVedanta had in 2011 acquired Cairn India from its British promoters, and last year proposed to merge the cash-rich firm with BSE-listed Ved...
- Cairn India has indemnity from Cairn Energy on Rs 20,000 crore taxCairn India was in April 2014 slapped with a tax demand of Rs 20,495 crore for failing to deduct withholding tax on alleged capital gains m...
- ONGC has no pre-emption rights: CairnCairn Energy has told ONGC that its decision to sell majority stake in its Indian unit to Vedanta Resources does not trigger the state-owne...
- Cairn rebuts ONGC's claims on pre-emption rightsIn a strong rebuttal, Cairn Energy has told ONGC that its decision to sell majority stake in its Indian unit to Vedanta Resources does not ...
- Cairn-Vedanta deal not sale of oilfield interest, ONGC toldCairn Energy said the transaction was a change of shares at corporate level and does not trigger pre-emption rights by partners such as ONG...
- ONGC sends reminder to UK's Cairn Energy regarding share saleThe company sent the reminder on September 10, ONGC said in a filing to the Bombay Stock Exchange.
- ONGC-OIL-GAIL may bid to counter Vedanta's offer for CairnThe three firms have held informal talks on the joint bid even as the ministry is looking at legal options to deny Vedanta the approval to ...
- Govt seeks details of Cairn-Vedanta dealGovernment has asked Cairn Energy Plc to submit details of its deal to sell its majority stake in the company that operates the Rajasthan o...
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