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In blow for Cairn, court rules no exporting of crude till India turns self-sufficient

In a blow to Cairn India Ltd, a plea of the UK-based Vedanta group company to export its share of crude oil from Barmer oil field in Rajasthan was on Tuesday rejected by the Delhi high court......

Indian tycoon's sweetened Cairn bid is still sour

All in all, Cairn India shareholders are getting a 9.1 per cent premium based on closing prices of July 22 Vedanta Limited's improved offer for Cairn India may be just enough. Anil Agarwal's......

Will seek $600 mn from India in damages: Cairn Energy

  British oil firm Cairn Energy plc on Tuesday said it will seek from India over $600 million in damages for loss it suffered in value of its holding from a Rs 10,247-crore (Rs......

Vedanta Group slashes 4,000 jobs in India

While Vedanta Aluminium, Balco and Cairn India confirmed the job cuts, sources said Sesa Goa too had slashed jobs. Metals and mining conglomerate Vedanta Resources, which has a sizable presence in......

Vedanta-Cairn India merger gets bourses' approval

Metals and mining conglomerate Vedanta Ltd on Tuesday said it has received go-ahead from both bourses BSE and NSE on the proposed merger of its oil and hydrocarbon arm Cairn India with itself. In a......
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Walmart's $16 bn Flipkart buy is the biggest deal this year

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company US retailer Walmart's buying 77 per cent stake in... ...

http://www.rediff.com/money/report/walmart-buys-77-stake-in-flipkart-for-16-billion/20180509.htm
Arbitration hearings begin in Cairn India's challenge to Rs 20,500 cr tax demand

Hearings have begun on the arbitration challenge mounted by mining billionaire Anil Agarwal-led Cairn India against a Rs 20,500 crore retrospective... ...

http://www.business-standard.com/article/pti-stories/arbitration-hearings-begin-in-cairn-india-s-challenge-to-rs-20-500-cr-tax-demand-118050600129_1.html
ONGC bids for 37 oil blocks, Cairn 55 in 1st OALP round

State-owned ONGC today bid for 37 oil and gas blocks while Cairn India put in bids for all the 55 areas on offer in India's maiden auction of oil... ...

http://www.business-standard.com/article/pti-stories/ongc-bids-for-37-oil-blocks-cairn-55-in-1st-oalp-round-118050200459_1.html
'Retrospective' amendment to Rajasthan PSC puts Cairn in a spot

A 'retrospective' amendment to the contract for the prolific Rajasthan oil block has put its operator Cairn India in a spot, as it has to shell out... ...

http://www.business-standard.com/article/pti-stories/retrospective-amendment-to-rajasthan-psc-puts-cairn-in-a-spot-118050100541_1.html

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