Last Updated: Friday, January 24, 2014, 15:29
The Income Tax Department, which is probing Cairn Energy plc's transfer of India assets, has asked the UK-based company not to dispose of its 10.3 percent holding in Cairn India.
Last Updated: Monday, January 13, 2014, 19:49
Mining conglomerate Vedanta Resources Plc said it received 99.89 percentage of votes in favour of a proposed share buyback worth up to 57.25 billion rupees by its oil and gas unit Cairn India Ltd.
Last Updated: Tuesday, November 26, 2013, 20:57
Cairn India Tuesday said it will spend up to Rs 5,725 crore to buy back shares, a move which would help promoter Anil Agarwal-led Vedanta Group gain greater control over oil producer without putting any money.
Last Updated: Monday, November 25, 2013, 09:36
Cairn India Ltd, oil and gas unit of London-listed Vedanta Resources, is set to spend about USD 1 billion to buy back shares, Bloomberg reported on Sunday citing two people familiar with the matter.
Last Updated: Friday, November 22, 2013, 14:24
Cairn India Ltd board will on Tuesday consider a proposal to buy back shares, a move which will help promoters Vedanta Group increase its stake in the company without putting any money.
Last Updated: Thursday, October 31, 2013, 17:40
Cairn India has been ranked as the fastest growing energy company in the world while Reliance Industries is the top ranked Indian energy firm in the global ranking.
Last Updated: Thursday, October 24, 2013, 21:38
Vedanta Resources Thursday said it does not intend to acquire Cairn Energy's over 10 percent stake in Cairn India immediately, but will look at it sometime in the future.
Last Updated: Friday, September 6, 2013, 17:48
Cairn India and its erstwhile promoter Cairn Energy plc of UK are among the firms that have been shortlisted to bid for Lebanon's maiden auction of exploration licences for offshore oil and natural gas.
Last Updated: Monday, May 13, 2013, 15:51
Cairn India plans to drill 48 wells at a cost of less than USD 100 million on the Mangala oilfield in the prolific Rajasthan block to extend the current production plateau.
Last Updated: Tuesday, May 7, 2013, 18:11
Edinburgh-based Cairn Energy plc Tuesday said it has bought stakes in two Irish oil and gas blocks in a cost-and-carry deal.
Last Updated: Monday, April 22, 2013, 22:20
Cairn India, the operator of the nation's biggest onland oilfield, Monday reported 17 percent increase in net profit on the back of higher crude oil production.
Last Updated: Tuesday, March 19, 2013, 17:40
Net profit in 2012 was USD 72.6 million, compared with USD 4.56 billion profit in 2011, Cairn said in a statement.
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