Abrdn to sell 4.3 crore shares of HDFC Life to raise up to Rs 2,425 crore via block dealThe Edinburgh-based company, which was formerly known as Standard Life Aberdeen, has offered the shares in the price band of Rs 564.1 to Rs...
12 Sep, 2022, 09.12 PM IST
To 'e' or not to 'e'? Call us Abrdn, says UK asset manager Standard Life AberdeenThe new name, unveiled on Monday, will still be pronounced "Aberdeen" and comes after the company sold its Standard Life brand to life insu...
26 Apr, 2021, 09.43 PM IST
Twenty 14 Holdings to invest Rs 750 crore in hotels in IndiaIn Kerala, the company is constructing a 200 room hotel in Kannur while it is renovating another in Kochi. The Kannur hotel will go operati...
03 Aug, 2018, 08.41 PM IST
British MP Ian Murray nudges Arun Jaitley on Cairn Energy tax disputeAhead of Jaitley's UK visit, a British MP has written to him seeking early resolution of the Rs 10,247 crore retrospective tax dispute with...
09 Jan, 2016, 02.50 PM IST
Cairn UK did not pay tax on Rs 24,503.50 crore of capital gains: Income Tax DepartmentI-T Dept has assessed that Cairn Energy Plc of UK did not pay tax on Rs 24,503.50 cr of capital gains made on transferring India assets to ...
27 Jan, 2014, 10.21 PM IST
- LIC hikes stake in Cairn India to over 5%
LIC has hiked its stake in Cairn India to over 5% per cent through open market route that are about 5% costlier than the price at which Cai...
03 Jul, 2012, 05.33 PM IST
- 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.
05 May, 2011, 08.38 PM IST
- Cairn revenue grows nearly 7-fold to $1.6 bn in 2010
Cairn Energy Plc reported record revenues on the back of higher output from its Indian unit where it is selling majority stake to mining gr...
22 Mar, 2011, 06.32 PM IST
- 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...
17 Jan, 2011, 03.17 PM IST
- Cairn says in process of securing govt approvals
The company is selling up to 51 per cent of its 62.38 per cent stake in Cairn India to billionaire Anil Agarwal-run Vedanta Resources for $...
28 Oct, 2010, 09.05 PM IST
- Cairn expects Vedanta deal to complete by Q1 2011
Edinburgh-based Cairn Energy Plc said it expects to complete the sale of its majority stake in its Indian unit to Vedanta Resources Plc in ...
26 Oct, 2010, 08.41 PM IST
- ONGC may not exercise pre-emption rights in Cairn-Vedanta deal
ONGC is unlikely to exercise its pre-emption rights to stop UK's Cairn from selling majority stake in its Indian arm to Vedanta Resources.
22 Oct, 2010, 04.42 PM IST
- 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...
13 Sep, 2010, 04.23 PM IST
- Cairn India rises to 52-week high on Vedanta deal
Shares of Cairn India today jumped over 3 per cent to hit a 52-week high on BSEamid reports of its takeover by Vedanta Resources.
16 Aug, 2010, 11.34 AM IST
- UK fund dumps Google for Baidu, adds $2.8 bn to kitty
When Google, owner of the most popular Internet search engine, said on January 12 it may close its website in China, Edinburgh money manage...
05 Mar, 2010, 10.14 AM IST
- Sterlite Tech in talks to acquire UK-based co
Sterlite Technologies, part of Anil Agarwal’s Sterlite group, is in advanced discussions to acquire UK-based cabling company Brand-Rex for ...
23 Sep, 2008, 03.13 AM IST
- Cairn to sell legacy holding in Videocon
Cairn India, the subsidiary of the Edinburgh-based Cairn Energy, is likely to sell its investments in Videocon Industries.
27 Aug, 2008, 12.00 AM IST