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Bill Gammell

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Cairn profits to halve if asked to share royalty

Cairn India said its net profit will halve to Rs 1,435 crore (Rs 14.35 billion) in the quarter ended June 30 if it is asked to share royalty on crude production from the all-important Rajasthan......

Govt can put preconditions on Cairn-Vedanta deal

In a setback to the Cairn-Vedanta deal, Solicitor General Gopal Subramanium has reaffirmed that the government can impose preconditions like equitable sharing of royalty in the all-important......

National interest prime, not Vedanta: Reddy

Refusing to be cowed by pressure being brought on him, Oil Minister S Jaipal Reddy on Friday said the decision for mining group Vedanta Resources' $9.6 billion buyout of Cairn India will be taken......

Vedanta deal: Cairn chief meets minister for talks

Cairn Energy Plc chief executive Bill Gammell met Oil Minister S Jaipal Reddy on Tuesday to discuss his company's proposed sale of a majority stake in Cairn India to Vedanta Resources.Gammell......

Vedanta running against time to close Cairns deal

London-listed mining group Vedanta Resources is running against time to close a USD 9.6 billion deal to acquire majority stake in Cairn India as government approval for the transaction is held up......

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