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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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Energy News Monitor | Volume XIII; Issue 19

Gas News Commentary: September October 2016 India The pricing formula for domestic natural gas that appeared to be a one way bet on the upside... ...
Cairn India retreats after solid start

Cairn India started off on a bright note this morning, rising to Rs 235.90, after the company reported consolidated net profit of Rs 779 crore for... ...
Broader markets outperform benchmark indices; BSE Smallcap index up 0.6%

People look at a screen displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai Benchmark indices continue to... ...
Cairn India gains after strong Q2 results

Cairn India rose 0.56% to Rs 233.15 at 10:09 IST on BSE after consolidated net profit rose 139.16% to Rs 778.70 crore on 9.08% decline in net sales... ...
Cabinet may take a call on Cairn India's Barmer extension

Cairn India employees work at a storage facility for crude oil at Mangala oil field at Barmer in Rajasthan A decision on the 10-year-extension... ...

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