News from other websites on Cairn Energy
Cairn India boosts Vedanta's FY'13 net profit by 163%
May 16, 2013 at 18:42 | Source: DomainB
Vedanta Resources today reported a 163 per cent jump in its net profit at $157.4 million for the 2012-13 financial year, against a net profit of $59.8 million during the previous financial year ended 31 March 2012, gaining from its oil sector acquis...
Apex court seal on Cairn-Vedanta deal
May 10, 2013 at 08:12 | Source: Calcutta Telegraph News
New Delhi, May 9: The Supreme Court today upheld the $8.5-billion Cairn-Vedanta deal, which got the Centre’s approval last year but drew flak from the Comptroller and Auditor General (CAG). A two-judge bench of justices K.S. Radhakrishnan and ...
SC throws out plea against $8.5-bn Cairn-Vedanta deal
May 10, 2013 at 00:42 | Source: DomainB
The Supreme Court today refused to block the $8.5 billion deal between Vedanta Resources and Cairn Energy, under which Vedanta is to acquire the oil explorer's Indian assets. A bench of Justices K S Radhakrishnan and Dipak Misra dismissed a public i...
May 09, 2013 at 20:45 | Source: Business Today
The Supreme Court on Thursday upheld $8.5 billion Cairn-Vedanta deal, saying that the Centre and ONGC not exercising the right of pre-emption over sale of shares of Cairn India Limited (CIL) was a prudent commercial decision.The court said that the ...
Supreme Court upholds $ 8.5 billion Cairn-Vedanta deal
May 09, 2013 at 20:45 | Source: Economic Times
NEW DELHI: The Supreme Court today upheld $ 8.5 billion Cairn-Vedanta deal, saying that the Centre and ONGC not to exercising the right of pre-emption over sale of shares of Cairn India Limited (CIL) was a prudent commercial decision. The court said ...
Supreme Court rejects plea challenging $8.5 bn Vedanta-Cairn deal
May 09, 2013 at 17:42 | Source: Financial Express
The Supreme Court today refused to interfere in USD 8.5 billion Cairn-Vedanta deal and dismissed a PIL challenging its validity. A bench of justices K S Radhakrishnan and Dipak Misra said that the decision by the Centre and ONGC pertaining to the de...
Apex court dismisses plea challenging Vedanta-Cairn deal
May 09, 2013 at 17:42 | Source: The Hindu BusinessLine
New Delhi, May 9: The Supreme Court has refused to interfere in the $8.5-billion Cairn-Vedanta deal and dismissed a PIL challenging its validity. A Bench of Justices K.S. Radhakrishnan and Dipak Misra today said that the decision by the Centre and O...
SC dismisses plea challenging Cairn-Vedanta deal
May 09, 2013 at 17:16 | Source: DNA India
The Supreme Court today refused to interfere in $8.5 billion Cairn-Vedanta deal and dismissed a PIL challenging its validity. A bench of justices KS Radhakrishnan and Dipak Misra said that the decision by the Centre and ONGC pertaining to the deal w...
SC spikes Prashant Bhushan PIL against Cairn-Vedanta deal
May 09, 2013 at 13:57 | Source: FirstPost
The Supreme Court today dismissed a public interest litigation (PIL) challenging the Cairn-Vedanta deal and said there is nothing mala fide in the $ 8.5 billion transaction.The court was hearing a PIL filed by Bengaluru resident Arun Kumar Agarwal wh...
Cairn-Vedanta deal valid, no loss to ONGC: SC
May 09, 2013 at 13:22 | Source: FirstPost
The Supreme Court today dismissed a petition challenging the Cairn Vedanta deal and said there is nothing mala fide in the $ 8.5 billion transaction.The court was hearing a PIL filed by Bengaluru resident Arun Kumar Agarwal who had alleged that there...
Supreme Court dismisses plea challenging $8.5 billion Cairn-Vedanta deal
May 09, 2013 at 13:15 | Source: Economic Times
NEW DELHI: The Supreme Court on Thursday rejected a challenge to the $8.5 billion Cairn-Vedanta deal. A PIL had challenged the deal on the ground that there was a loss to state-owned ONGC on account of the sale. The apex court said that Cairn Energy ...
SC dismisses plea challenging Cairn-Vedanta deal
May 09, 2013 at 13:15 | Source: Business Today
The Supreme Court on Thursday refused to interfere in $8.5 billion Cairn-Vedanta deal and dismissed a PIL challenging its validity.A bench of justices K S Radhakrishnan and Dipak Misra said that the decision by the Centre and ONGC pertaining to the ...
Cairn Energy buys stake in Irish blocks
May 07, 2013 at 23:26 | Source: The Hindu BusinessLine
New Delhi, May 7: Edinburgh-based Cairn Energy plc today said it has bought stakes in two Irish oil and gas blocks in a cost-and-carry deal. Cairn picked up 38 per cent stakes in Porcupine Basin pair Frontier Exploration Licence (FEL) 2/04 and FEL 4...
Cairn says cash pile will go into E&P
Apr 23, 2013 at 07:50 | Source: DNA India
Cairn India on Monday cleared the air on a key issue that has intrigued shareholders and investors for long now what it plans to do with its cash reserves, which stood at a whopping Rs16,000 crore at the end of March. We will retain the cash in the ...
Cairn Energy will hold on to 10% stake in India arm
Apr 16, 2013 at 04:37 | Source: The Hindu BusinessLine
New Delhi, April 15: Cairn Energy has no immediate plans to shed its 10.27 per cent stake in Cairn India. The last sale of its holding was done at Rs 337 and it is unlikely that they will sell below that figure, say sources. On Monday, the Cairn Ind...
Sensex rallies 188 as IT, banks surge; Rel Comm gains 13%
Apr 10, 2013 at 16:37 | Source: DomainB
Equity benchmarks rallied after a sedate start on Wednesday, led by demand for banks and IT shares. The Sensex gained 188 points to close at 18414.45, and the Nifty rose 64 points to 5558.70. However, brokers cautioned that the outlook remained caut...
Vedanta Resources to acquire Cairn Energy through Cairn India
Apr 10, 2013 at 14:52 | Source: DomainB
After having acquired the Indian subsidary of energy firm Cairn Energy in a $8.48-billion deal in 2011, Anil Agarwal-controlled Vedanta Resources Plc is now planning to acquire the Scottish oil and gas explorer, which has a market cap of $1.9 billio...
In 2 months, Cairn story changes 180 degrees
Apr 10, 2013 at 08:06 | Source: DNA India
A senior Cairn India employee had been holding a few hundred shares of the company from the time it made stock market debut in January 2007. The company s share prices saw a pretty roller-coaster ride, but the official never thought of selling off t...
Cairn India makes new oil discovery in Rajasthan block
Apr 10, 2013 at 05:10 | Source: Business Today
Cairn India has made the 26th oil discovery in its Rajasthan block, following approval to explore for oil on the block well even after expiry of the exploration phase.Block oversight panel, called the Management Committee, approved the exploration w...
Apr 09, 2013 at 20:42 | Source: Calcutta Telegraph News
Mumbai, April 8: There is a growing buzz that Anil Agarwal, head of the $14-billion Vedanta group, may be looking to widen his oil and gas business by acquiring Edinburgh-based Cairn Energy Plc, the former parent of Cairn India which he snapped up f...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
