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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......

India's investment climate gone sour? Govt's diktat for I-T

India is still locked in dispute with Cairn Energy over a retrospective $1.6 billion tax bill, and has been in a battle for over seven years with telecoms group Vodafone over taxes related to the......

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......
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Policy push on the anvil

Two issues would be watched closely in coming days as they could have an important bearing on the direction that the domestic oil and gas industry... ...

http://www.mydigitalfc.com/sectoral-watch/policy-push-anvil-538
PM€s focus on upstream sector offers hope to investors

As Prime Minister Narendra Modi focuses his attention on changing investors€ negative perception about the Indian oil and gas sector, there is a... ...

http://www.netindia123.com/netindia/showdetails.asp?id=2788526&n_date=20160207&cat=India
Cairn India Wants Government to Cut Oil Cess Before Budget

New Delhi : Faced with its steepest ever drop in quarterly net profit, Cairn India wants the government to not wait till the Budget to reduce cess... ...

http://profit.ndtv.com/news/budget/article-cairn-india-wants-government-to-cut-oil-cess-before-budget-1274614?pfrom=home-latest
As Jaitley readies Budget for 2016-17, energy sector keeps fingers crossed

New Delhi, Feb 5: As Finance Minister Arun Jaitley readies the Union Budget for 2016-17, the energy sector is keeping its fingers crossed. The... ...

http://newshence.com/as-jaitley-readies-budget-for-2016-17-energy-sector-keeps-fingers-crossed.html
Fiery Friday! Nifty ends just shy of 7500

Finally, the Indian equity markets are back and with a bang, as the NSE Nifty surged sharply just shy of closing above the 7500 mark. Strengthening... ...

http://www.indiainfoline.com/article/news-top-story/fiery-friday-nifty-ends-just-shy-of-7500-116020500458_1.html

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