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CAIRN INDIA STAKE
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 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...
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...
ED searches against Vedanta Group in FEMA caseVedanta Group FEMA Case: The Enforcement Directorate is searching Vedanta Group properties in Delhi and Mumbai. This action is part of an i...
ONGC yet to take control of Cambay Block as Vedanta challenges govt moveONGC has not yet taken control of the Cambay basin block CB-OS-02. Vedanta is challenging the government's decision to reject the contract ...
Cairn Energy seeks shareholder nod to sell Cairn India stakeThe I-T Deptt. had earlier this year restrained Cairn from selling the stake over alleged tax evasion on Rs 24,500 crore of capital gains.
- Sesa Goa: Cairn India stake saves the day; no positive trigger seen in medium term
Merger of Sesa-Sterlite and the acquisition of Western Cluster in Liberia do not provide any positive triggers for the company in the short...
Cairn Energy selling Cairn India shares for up to $940 mnCairn Energy is selling an 8 pc stake in India-focused oil explorer Cairn India in a deal that could raise up to $940 million, a source sai...
- Cairn drops Rs 50/share non-compete fee on Vedanta deal
Cairn Energy Plc today agreed to lower price at which it will sell up to 40 per cent stake in its Indian unit to mining group Vedanta Resou...
- Cairn to sell 40% stake in Indian arm to Vedanta Resources for $6.8 bn
The announcement today follows the result of open offer Vedanta Group firm Sesa Goa Ltd made to minority shareholders.
- Vedanta buys 10.4% in Cairn India from Malaysia's Petronas
Vedanta Resources bought a 10.4% stake in Cairn India from Petronas, becoming the second-largest shareholder in the company for which it ha...
- Cairn deal will hinge on pre-conditions being met by Vedanta
Government approval for Vedanta Resources' USD 9.6 billion deal to acquire Cairn India will hinge on the Anil Agarwal-led firm accepting ce...
- Cairn Energy expects nod for Vedanta deal
Cairn Energy Plc said it hopes to get approvals for sale of majority stake in its Indian arm to Vedanta Resources by first quarter of 2011.
- Vedanta not to revise open offer price for Cairn India
Vedanta's open offer was to debut on Monday but the market regulator has yet to give its approval.
- Who pays royalty if Vedanta buys Cairn stake? asks ONGC
ONGC has sought a legal opinion on whether it will be liable to shoulder entire royalty burden on crude output from the Raj oilfields even ...
- Cairn-Vedanta deal not sale of oilfield interest, ONGC told
Cairn 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-OIL-GAIL may bid to counter Vedanta's offer for Cairn
The 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 ...
- Cairn India bounces back; rises nearly 2 pc after Vedanta deal
Shares of Cairn India bounced back and ended with a gain of about 2 per cent on the BSE a day after Cairn Energy announced sale of 60 per c...
- IFC to pick up Cairn India stake for Rs 200 cr
International Finance Corporation (IFC) has shown interest in picking up an undisclosed stake in Cairn India (CIL), a wholly-owned subsider...