Articles tagged with: cairn
Ignoring the bearish trend in the broader market, stocks of Cairn India jumped by over 1.5 per cent on the bourses today after the company said it has struck natural gas reserves in the very first ...
The Power Minister stated that India was well on track to add 60 GW power generation capacity in the XI Plan which may even go up to 78 GW. On the quality of equipments he said ...
Ahead of its takeover by Vedanta Resources, Cairn India today said its Chief Financial Officer Indrajit Banerjee had quit the company. “Banerjee has stood down from his position as executive director and CFO with effect from ...
Cairn India has denied a charge by a Congress MP that it had offered bribes to him and said vested interests were trying to stall a project of national importance.
Reacting to the charge by Vikrambhai Arjanbhai ...
The petroleum ministry has beaten a hasty retreat on some of contentious pre-conditions it had set for approving mining group Vedanta Resources’ acquisition of Cairn India and will not play a spoiler to the US $9.6 ...
Cairn India and its JV partners are all set to undertake a US $44 million drilling campaign in the eastern offshore Ravva field of the KG Basin from April 1 this year, sources close to the ...
The deadlock over sharing of royalty on the oil produced from Rajasthan oil fields has blocked the US $9.6-billion takeover of Cairn India by billionaire Anil Agarwal-promoted Vedanta Resources.
No decision was arrived after the crucial meeting ...
Vedanta Resources will terminate the US $9.6-billion Cairn-Vedanta deal if Cairn India accepts the oil ministry’s conditions such as changing the royalty obligations in the Rajasthan block, three persons with direct knowledge of the matter said.
Vedanta ...
Cairn India has rejected ONGC’s demand to involve the government to settle the dispute over royalty payments, creating a stalemate over the $9.6-billion Cairn-Vedanta deal , which may need international arbitration.
In a meeting with top ONGC ...
