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Cairn, Vedanta hit by oil cycle; merger won't help cos:IIaS

Amit Tandon, MD of IIaS says at the moment both the companies have taken a big hit given where we are on the commodity cycle and on the oil and gas cycle. "So, the merger is not from a position of strength for either of them," he adds.

first published: Jun 11, 2015 11:39 am

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