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Vedanta Group To Cairn India

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  News for Vedanta Group To Cairn India

  • Business

Vedanta buys 10.4% stake in Cairn India

Moving ahead with its plan to buy a majority stake in Cairn India, Vedanta Resources on Tuesday bought a 10.4 per cent stake in the Indian company for Rs. 6,620 crore (Rs. 66.20 billion), or Rs.......

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......

Vedanta Group not to hike open offer price

The Vedanta Group on Monday ruled out increasing the open offer price to minority shareholders of Cairn India, saying its current offer was 'lucrative.' "There is no question (of increasing the......

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......

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.  ......

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