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February 10, 2011 1:54 am
The petroleum ministry is set to tell Cairn Energy that wants to sell its India business to Vedanta Resources for $9.6 billion that it should go by the well established precedent of give and take on the original contractual terms with the government when oil and gas assets change hands.
February 04, 2011 4:24 pm
Govt may have shot down ONGC seeking a say in the Cairn India-Vedanta $9.6 bn deal.
January 27, 2011 7:07 pm
Edinburgh-based Cairn Energy Plc today said it expects to conclude a USD 8.48 billion deal to sell up to 51 per cent stake in its Indian unit (Cairn India) to mining company Vedanta Resources Plc by April 15 this year.
January 24, 2011 4:11 pm
OilMin is ready to give approval for Vedanta Cairn deal,provided Vedanta agrees to a set of 11 preconditions.
January 18, 2011 3:26 am
London-based Vedanta Resources is likely to submit a fresh application with the Union environment ministry for revival of Niyamgiri bauxite mines and its Lanjigarh expansion project.
January 05, 2011 11:01 am
Vedanta,Posco,Lavasa - Jairam Ramesh' Environment Ministry was in news all through 2010.
December 14, 2010 3:04 pm
Shareholders of Vedanta have approved the proposed acquisition of majority stake in Cairn India.
December 13, 2010 11:29 am
Cairn Energy agreed in August to sell a stake of 40 to 51 per cent in its Indian arm to Vedanta.
December 05, 2010 2:34 am
Anil Agarwal-promoted Vedanta Resources has completed the acquisition of the Skorpion Zinc Mine in Namibia from Anglo American plc for about $707 million.
November 12, 2010 12:40 am
Metal and mining major Vedanta Resources announced that it has posted a growth of 79% in its net profit to $337 million for the first half ended on September 30,2010,against $188.2 million in the corresponding period last year.