Cairn Energy unlikely to exit Indian arm

Cairn India on Friday said its UK-based parent Cairn Energy Plc is unlikely to exit completely from the company. "To me it looks like they (Cairn Energy Plc) are not exiting completely," Cairn......

Cairn may evacuate oil through Gujarat

Cairn India is actively considering the option of evacuating its crude oil from Rajasthan through Viramgam in Gujarat, where PSU oil marketer Indian Oil Corporation has a tank farm. IOC also has a......

Rajasthan fields can produce 37% more oil: Cairn

Cairn India can produce up to 2,40,000 barrels per day from its prolific Rajasthan fields, equivalent to output from the nation's largest oilfield of Mumbai High, the company has informed the......

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......