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  • Business

SAT sets aside Sebi penalty on Cairn India in share buyback case

 The Securities Appellate Tribunal (SAT) has set aside capital markets regulator Sebi's order that imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding......

Cairn India CEO Elango quits

 Cairn India's interim CEO P Elango has quit the company, completing the exit of all of the tier-1 management of the firm since it was acquired by mining group Vedanta Resources plc.  ......

Cairn India's mounting troubles

 Cuts capex and staff numbers; hit with massive tax demand. On January 22, after its third quarter results, Cairn India's chief executive officer, Mayank Ashar, said the company's robust balance......

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......

'Cairn India should accept govt terms'

 UK's Cairn Energy Plc said on Tuesday it wants Cairn India to accept all the government's conditions and agree to pay royalty and cess on the Rajasthan oilfields so as to facilitate its stake sale......

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