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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......

When corporate marriages affect stock price

Companies go for M&As either for growth or vertical integration. When Cairn India and Vedanta announced their merger, not many pointed out the risks involved for the latter's shareholders. Experts......

Vedanta makes $2.3 bn bid to buy out minorities in Cairn India

The shareholders will also get one redeemable preference share in Vedanta Ltd India's largest private sector miner Vedanta Ltd has offered to buy out minority shareholders in cash-rich unit Cairn......

Vedanta India to acquire up to 5.33% stake in Cairn India

Vedanta India will acquire up to 5.33 per cent stake, worth over Rs 2,200 crore or Rs 22 billion, in its group concern Cairn India next week. Anil Agarwal-led Vedanta India, which changed the name......
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Cairn India's Rajasthan Oil and Gas Output Surges 3% in Q2

New Delhi: Cairn India today reported a 3 per cent rise in crude oil and natural gas production from its Rajasthan fields to 1,68,126 barrels per... ...
Tata Steel, Cairn India and more

The BSE Sensex turned flat after opening over 80 points upon Thursday. NSE Niftyopened above 8,170. At 9.22 am, Sensex was down 33.47 points at... ...
Vedanta rises for sixth straight session, up 11%

The scrip has gained more than 22 per cent this week so far. Photo: Reuters Extending its rally for the sixth straight session, shares of Vedanta... ...
ICICI Pru files documents with Sebi for 4 new ETFs

The country's largest second-largest mutual fund entity, ICICI Prudential Asset Management Company, plans to launch four exchange-traded funds... ...
Sensex falls 190 points to close below 27,000; Nifty settles at 8,129

A file photo of the BSE building in Mumbai. Photo: Mint 3:30pm: The S&P BSE Sensex closes 0.70%, or 190.04 points, lower at 26,845.81, while the... ...

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