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Oil India And Cairn India

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Oil PSUs not to make counter bid for Cairn India

 Contrary to reports, oil PSUs will not make a counter bid to Vedanta Resources' $9.6 billion offer to buy Cairn India, as the oil ministry is disinclined to a rival bid. "There is no counter bid,"......

ONGC nods Cairn India sale to Vedanta

 Oil and Natural Gas Corporation has given a no-objection certificate to British oil firm Cairn Energy's sale of a majority stake in its Indian unit to Vedanta Resources, paving the way for......

Vedanta buys 10% stake in Cairn India

 Mining conglomerate Vedanta Resources has completed the purchase of a 10 per cent stake in Cairn India from Cairn Energy, taking its total stake in the company to 28.5 per cent. "Cairn has......

Vedanta in talks to buy stake in Cairn India

 Billionaire Anil Agarwal-owned mining firm Vedanta Resources on Thursday said it is in talks to buy a stake in Cairn India, the company that owns the nation's largest onland oilfield. The......

Rajasthan block: Cairn India gets nod for raising oil output

 Cairn India Ltd has received approval from a panel set up by the environment ministry to raise oil output to 300,000 barrels per day from 200,000 at its block in Rajasthan state, according to a......

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 'If we want to ensure this isn't a once-in-four-decade phenomenon, then we have to produce 1,800 players all the time, create infrastructure, so that we are constantly challenging at the top of the......

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