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......
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......
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......
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......
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......