Cairn India's merger with Vedanta "uncertain": S&P

Last Updated: Wednesday, September 9, 2015, 21:44

Rating agency Standard & Poor's Wednesday said completion of the proposed merger of Cairn India with Vedanta Ltd appears "uncertain".

Cairn to invest Rs 1,400 crore to raise oil, gas carrying capacity

Last Updated: Wednesday, August 26, 2015, 16:03

Cairn India is set to expand its crude oil and natural gas carrying capacity by laying a new gas pipeline from its Barmer (Rajasthan) field with an investment outlay of Rs 1,400 crore.

Cairn to seek damages from Govt for tax notice

Last Updated: Tuesday, August 18, 2015, 12:42

The firm said it has initiated arbitration for resolution of the tax demand linked to 2006 reorganisation of Cairn India, its one-time Indian subsidiary with oilfields in Rajasthan.

Cairn seeks oil swaps to get higher margins

Last Updated: Sunday, August 16, 2015, 11:55

Sources close to the company said Cairn India has sought government approval for a tripartite agreement wherein Barmer crude oil will go to the international market where it will get better price than the ones realised locally.

Cairn seeks quick resolution to tax row

Last Updated: Wednesday, August 12, 2015, 15:49

As the government grapples with its arbitration notice against a Rs 10,247 crore tax demand, British oil explorer Cairn Energy has said a quick judicial resolution to the issue will help restore confidence of retrospective tax-rattled international investors.

Aviva opposes Cairn India's merger with Vedanta

Last Updated: Thursday, August 6, 2015, 14:25

Opposing Vedanta's all-share merger deal, Aviva said there was "a risk of the Vedanta Group misallocating capital" of oil producer Cairn India to pay off its huge debt.

Aviva Investors opposes Vedanta Ltd takeover bid for Cairn India

Last Updated: Wednesday, August 5, 2015, 23:18

Fund firm Aviva Investors said on Wednesday it opposed a $2.3 billion plan by Vedanta Ltd to buy out minority shareholders in Cairn India as the deal failed to deliver sufficient value.

No decision yet on Cairn-Vedanta deal: United India Insurance

Last Updated: Tuesday, August 4, 2015, 22:55

Public sector player United India Insurance Company Ltd (UIICL), one of the shareholders in Cairn India, Tuesday said it has not taken any stand on the merger issue of Vedanta and Cairn India Ltd.

Shareholders may vote on merger with Cairn by Dec: Vedanta CEO

Last Updated: Wednesday, July 29, 2015, 22:14

Mining baron Anil Agarwal-led Vedanta Ltd expects to seek shareholders' approval for the proposed merger of the mining arm with Cairn India by December this year.

Cairn India merger not for refinancing debts: Vedanta CEO

Last Updated: Friday, July 24, 2015, 13:54

Mining baron Anil Agarwal-run Vedanta Ltd today said its merger with cash-rich Cairn India is not for refinancing its Rs 77,752 crore gross debt, but to simplify the group's business structure.

Vedanta says its Cairn India buyout offer is fair

Last Updated: Thursday, July 23, 2015, 21:27

Mining and energy group Vedanta Limited said on Thursday its offer to buy out minority investors in Cairn India was fair, dismissing reports that opposition from some small shareholders, including former owner Cairn Energy , could scupper the deal.

Cairn India shares gain over 6% on bourses

Last Updated: Thursday, July 23, 2015, 21:25

Shares of Cairn India Thursday gained over 6 percent amid reports that its erstwhile parent firm Cairn Energy may vote against the merger of the company with Vedanta.