Cairn India to invest $1.5 bn in India

Unruffled by the weak debut on the bourses on Wednesday, oil and gas exploration major Cairn India Ltd said it will invest $1.5 billion over three years towards exploration and development......

Vedanta open offer for Cairn awaits Sebi nod

Market regulator Sebi has not yet approved the open offer made by Vedanta Group to Cairn India shareholders, even as the target company formed a two-member panel to look into the offer made to......

Stake sale: Cairn chief meets Deora

A day after agreeing to sell majority stake in its India subsidiary for $8.48 billion, UK's Cairn Energy Plc top management on Tuesday met Oil Minister Murli Deora and other key officials to clear......

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......