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CAIRN VEDANTA DEAL
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 shares jump over 2% ahead of mega demerger; 4 new stocks to list todayVedanta Demerger: Vedanta shares surged over 2% as four demerged entities prepared to list on Monday, marking a significant restructuring m...
Cairn-Vedanta Deal: Advisory firms have mixed viewsThe contention is that the merger terms announced in June 2015 were revised. The changes included Cairn India shareholders' preference shar...
Supreme Court reserves verdict in PIL challenging Cairn-Vedanta dealThe Supreme Court today reserved its judgement on a petition challenging the validity of the USD 8.5 billion Cairn-Vedanta deal.
- Cairn-Vedanta deal: Ex-ONGC Chairman RS Sharma denies foul play
Former chairman of ONGC RS Sharma stoutly denied any foul play or lapses by the state-owned company while approving the recently concluded ...
- Cabinet gives final nod to Cairn-Vedanta deal
The Cabinet on Tuesday gave its final consent to the $8.5-billion Cairn-Vedanta deal after the companies met all conditions set by the gove...
- Cairn-Vedanta deal: Oil Ministry sends approval letters to firms
More than three weeks after the CCEA gave conditional nod to the Cairn-Vedanta deal, the Oil Ministry sent a formal letter to the companies...
- Decision on Cairn-Vedanta deal in two weeks: Reddy
Oil minister Jaipal Reddy has said the cabinet is expected to consider giving approval to the $9.6-billion Cairn-Vedanta deal “next week or...
- Impasse over Cairn-Vedanta deal to continue
The impasse over the controversial $9.6-billion Cairn-Vedanta deal could continue till May because key ministers are currently busy with st...
- Stocks concerned with Cairn-Vedanta deal getting out of the woods
The expected government's approval to the $9.6-bn Cairn-Vedanta deal has seen the stock like Sesa Goa going up by more than 3 pc.
- Cairn-Vedanta deal: Tapan Sen seeks PM intervention
As the $9.6 bn acquisition of Cairn India by Vedanta Resources goes to Cabinet for approval, CPM leader Tapan Sen has raised several issues...
- Deadlock over Cairn-Vedanta deal continues
Top officials of the oil ministry, Cairn and Vedanta could not resolve the thorny issues, such as equitable sharing of royalty burden, in t...
- UK questions the stalemate in Cairn-Vedanta deal in bilateral meeting
UK’s business minister Vince Cable raised the issue of the long stalemate in the Indian government’s resolution of the Cairn- Vedanta deal,...
- Oilmin sets Ravva profit sharing as rider to Cairn-Vedanta deal
The oil ministry will ask Cairn India to accept its position in a lawsuit over sharing of profits in Cairn-operated Ravva oil and gas field...
- Government decision on Cairn-Vedanta deal likely in few weeks
The Government is likely to take a decision on the $9.6-billion Cairn-Vedanta deal in the next few weeks and that the decision would be tak...
- Cairn-Vedanta deal to get nod next month
Govt is poised to clear the $9.6-billion Cairn-Vedanta deal by the middle of February, ending five months of uncertainty over the controver...
- Cairn-Vedanta deal: The political tackle
From a business standpoint, there's nothing untouchable about the Cairn-Vedanta deal. Politically, there's everything untouchable about it.
- Cairn writes back to ONGC on Cairn-Vedanta deal
Cairn Energy Plc has written back a letter last week to ONGC responding to all the concerns raised by the Indian oil producer regarding Ani...
- 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...
- Govt yet to decide on Cairn-Vedanta deal: Oil Secy
Oil Secretary said govt is yet to take a view on Cairn-Vedanta deal as the it is awaiting reply from the British energy major regarding spe...