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CAIRN BUYBACK
Supreme Court refuses stay on SAT order in Cairn India buyback caseThe Supreme Court refused to stay a tribunal order that quashed SEBI's action against Cairn India, now part of Vedanta Ltd. SEBI had penali...- SAT sets aside Sebi fine on Cairn India in buyback caseThe tribunal set aside a fine of ₹5.25 crore imposed on Cairn India for allegedly making a misleading public announcement of the buyback of...
- 2014 share buyback case: Sebi imposes fine of Rs 5.25 cr on Cairn IndiaIt has also penalised P Elango, who was the chief executive officer and director of Cairn and two other directors, Aman Mehta and Neerja Sh...
- Tax dept extends Cairn Energy share attachment till March 31The Income Tax Department has extended till March 31 the bar on UK's Cairn Energy plc selling its residual stake in Cairn India as the Rs 1...
- Cairn India's share buyback programme may fall short of it's targetThe share buyback programme of Cairn India, part of Anil Agarwal’s Vedanta Group, may fall short of its target as the stock has surged past...
- Cairn agrees $575 mln loan to help develop oil fields, blocked from selling stake in Cairn IndiaFinancial damage resulting from the tax authorities' freeze on its $1.1 billion of Indian assets will be assessed by the company in August.
- Cairn India buys less than 2% in share buy backCairn has bought less than 2% of the 17.09 cr shares it is looking to buyback to give mining baron greater control over the nation's larges...
- Five firms including Cairn India and DCM Shriram buying back shares worth Rs 6,000 crores this yearTogether, all the five firms have planned to infuse a capital of Rs 5,940.85 crore to repurchase 19 crore shares from their respective shar...
- Cairn Energy halts $300 million share buy-back after income-tax probe"Board has decided to suspend previously announced share buy-back programme until the position regarding the CIL shareholding is resolved,"...
- Cairn India's Rs 5,725 crore share buyback starts on January 23Cairn India Ltd will spend up to Rs 5,725 crore to buy back shares to give him greater control over the nation's largest private oil produc...
- Cairn India’s buyback offer short of Street expectations, say analystsThe buyback offer of Cairn India is below market expectations but it is a good decision as it allays cash utilisation concerns to an extent...
- Cairn India’s buyback price is slightly lower than stock value: Gagan Dixit, Quant Broking"The subdued prices offer a good opportunity for the management to consolidate its position in the long term by the open offer thing," says...
- Positive on Cairn India: Nitin RahejaThe stock price has really not been moving more due to the regulatory concerns that have flowed over it in terms of getting permissions.
- Market gives thumbs down to Cairn India buyback price; shares down 2%Cairn India board approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 api...
- Cairn India unveils Rs 5,725 crore share buy-back programmeCairn India will spend up to Rs 5,725 crore to buy back shares, a move which would help Vedanta Group gain greater control.
- Cairn India after buyback plans: How analysts view the oil majorUR Bhat, MD, Dalton Capital Advisors, is of the view that outlook for crude is not good and investors should try to book partial profits in...
- Outlook on Cairn India dim, advise profit taking: UR Bhat"The stock will probably mimic crude prices and given the deal with Iran on the nuclear issue, the outlook for crude immediately is not ver...
- Buyback of shares to give exit to Cairn Plc: Deven ChokseyI do not think that institutional players would be ever interested in a kind of a buyback, it is more to do with Cairn Plc.
- Cairn India to consider share buy-back on TuesdayShare buy back is the process where a company repurchases outstanding shares in order to reduce the number of shares on the market.
- Cairn India rallies nearly 5% on buyback plan of equity sharesMost brokerages have maintained their 'buy' rating on the stock and expect it to move past Rs 400 in value in next 12 months.
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