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  • Fitch places Cairn India Holdings on Rating Watch Negative on delisting plan Jun 11, 2020 12:42 PM IST

    Fitch places Cairn India Holdings on Rating Watch Negative on delisting plan

    "The action follows the announcement by (Agarwal's) Vedanta Resources Ltd (VRL) of its intention to delist the shares of its Indian subsidiary and CIHL's parent, Vedanta Ltd (VLTD). CIHL's rating is aligned with the credit profile of VLTD, which owns 100 per cent of CIHL, reflecting their strong linkages," Fitch said in a statement.

  • Govt seeks $520 million from Cairn Oil & Gas; company slaps arbitration notice May 28, 2020 03:40 PM IST

    Govt seeks $520 million from Cairn Oil & Gas; company slaps arbitration notice

    The Directorate General of Hydrocarbons (DGH), the upstream technical arm of the Ministry of Petroleum and Natural Gas, sought $520 million in additional profit petroleum for the government after an audit of capital and operating expenses incurred on the Mangala and other oilfields in the Rajasthan block RJ-ON-90/1, sources with direct knowledge of the development said.

  • Open to stake sale in Cairn India: Anil Agarwal Feb 25, 2020 09:23 PM IST

    Open to stake sale in Cairn India: Anil Agarwal

    Agarwal also said Vedanta was interested in BPCL divestment but the valuation of the company has now increased over 40 percent.

  • Fitch revises outlook on Cairn India to negative Dec 10, 2019 03:25 PM IST

    Fitch revises outlook on Cairn India to negative

    In a statement, Fitch Ratings said it has revised its outlook on CIHL to negative from stable and affirmed the Long-Term Issuer Default Rating (IDR) of 'BB-'.

  • Vedanta-led Cairn India CEO, CFO quit firm Apr 11, 2019 02:28 PM IST

    Vedanta-led Cairn India CEO, CFO quit firm

    Along with Mathur, Pankaj Kalra, the chief financial officer of Cairn India, which is now a part of Vedanta Ltd after its merger with the parent, has also resigned, sources privy to the development said.

  • Vedanta says Anglo American stake buy meets governance requirements Feb 04, 2019 09:10 AM IST

    Vedanta says Anglo American stake buy meets governance requirements

    Vedanta's statement comes days after its shares plunged on Friday, as investors were skeptical of the merits of the investment and questioned the potential returns.

  • 'Retrospective' amendment to Rajasthan production pact puts Cairn India in a spot May 01, 2018 04:10 PM IST

    'Retrospective' amendment to Rajasthan production pact puts Cairn India in a spot

    Cairn India's 25-year contract for exploration and production of oil and gas from Barmer block RJ-ON-90/1 is due for renewal on May 14, 2020, but it has to, as per a new policy, apply for a 10-year extension within this month, sources said.

  • Cairn India to invest Rs 37,000 crore to ramp up production Jan 14, 2018 08:40 PM IST

    Cairn India to invest Rs 37,000 crore to ramp up production

    The investment will be made over the next few years, which will enhance the production of crude oil.

  • Cairn appoints Nitin Banerjee as General Counsel Nov 20, 2017 08:10 AM IST

    Cairn appoints Nitin Banerjee as General Counsel

    "Banerjee will be a member of Cairn Business Executive Committee (EXCO) and will help drive the company's vision to contribute to 50 per cent of India's crude oil & gas production," Vedanta said in a statement.

  • ONGC, Cairn bid for 41 oil and gas areas Nov 15, 2017 02:31 PM IST

    ONGC, Cairn bid for 41 oil and gas areas

    Oil and Natural Gas Corp (ONGC) put in expression of interest for 41 areas while Vedanta's oil unit, Cairn India sought rights over 15 areas, sources privy to the development said.

  • Cairn India oil theft case: Rajasthan police busts inter-state syndicate, arrests 31 people Jul 23, 2017 11:32 PM IST

    Cairn India oil theft case: Rajasthan police busts inter-state syndicate, arrests 31 people

    More arrests are likely, the SP said adding that the police were investigating the links of the syndicate outside the state.

  • Cairn tax dispute: I-T dept confiscates Rs 2,000 cr dividend and tax refund Jun 19, 2017 08:38 PM IST

    Cairn tax dispute: I-T dept confiscates Rs 2,000 cr dividend and tax refund

    The Income Tax Department has ordered coercive action against Cairn Energy of UK, including taking away over Rs 2,000 crore dividend and tax refund, to recover part of the Rs 10,247 crore retrospective tax.

  • Cairn tax dispute: I-T dept orders recovery of Rs 10,000 cr Jun 19, 2017 12:25 PM IST

    Cairn tax dispute: I-T dept orders recovery of Rs 10,000 cr

    The department ordered taking away USD 104 million dividend due to it from its remaining stake in the erstwhile subsidiary Cairn India (now called Vedanta Ltd) and another Rs 1,500 crore of tax refund due to it, a top source said.

  • India's crude oil output dips 0.6% in April May 23, 2017 03:29 PM IST

    India's crude oil output dips 0.6% in April

    Crude oil production stood at 2.95 million tonnes in the same month last year, according to a statement by Petroleum Ministry today.

  • Setback to India, intl panel rejects stay on Cairn arbitration Apr 26, 2017 09:11 PM IST

    Setback to India, intl panel rejects stay on Cairn arbitration

    In a setback to India, an international arbitration panel has rejected its demand for a stay on an arbitration initiated by British oil explorer Cairn Energy plc against a Rs 10,247 crore retrospective tax notice.

  • I-T dept to challenge ITAT relief to Cairn Energy in HC Apr 23, 2017 11:29 AM IST

    I-T dept to challenge ITAT relief to Cairn Energy in HC

    "We feel interest is due and is liable to be paid. We plan to soon approach the high court seeking quashing of the ITAT order," a senior income tax department official told PTI.

  • See 5-6% downside in metal stocks; buy Cairn India, sell M&M: Mitessh Thakkar Apr 18, 2017 11:59 AM IST

    See 5-6% downside in metal stocks; buy Cairn India, sell M&M: Mitessh Thakkar

    Mitessh Thakkar of miteshthacker.com expects 5-6 percent downside in metal stocks and advises buying Cairn India and sell Mahindra & Mahindra.

  • Sell Cairn India, Lupin; buy Bosch: Mitessh Thakkar Apr 17, 2017 10:49 AM IST

    Sell Cairn India, Lupin; buy Bosch: Mitessh Thakkar

    Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cairn India and Lupin and buy Bosch.

  • Cairn and partners to invest Rs 3240 crore in Ravva Field Apr 17, 2017 07:20 AM IST

    Cairn and partners to invest Rs 3240 crore in Ravva Field

    Cairn India Limited approached the Ministry of Environment Forest and Climate Change seeking necessary clearances for the proposed project.

  • Stay invested in Cairn India: Shahina Mukadam Apr 12, 2017 03:22 PM IST

    Stay invested in Cairn India: Shahina Mukadam

    Shahina Mukadam, Independent Market Expert is of the view that one may stay invested in Cairn India.

  • Here are some fundamental views from SP Tulsian Apr 12, 2017 09:53 AM IST

    Here are some fundamental views from SP Tulsian

    In an interview to CNBC-TV18’s Latha Venkatesh, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.

  • Cairn India merges with Vedanta; companies to retain brand identity Apr 12, 2017 09:50 AM IST

    Cairn India merges with Vedanta; companies to retain brand identity

    After absorbing its cash-rich subsidiary, Vedanta will have a larger pro forma market cap of USD 15.6 billion and higher free float of 49.9 percent.

  • Stocks in the news: Reliance, Cairn, Vedanta, USL, AB Nuvo, Torrent Pharma, NOCIL Apr 12, 2017 08:05 AM IST

    Stocks in the news: Reliance, Cairn, Vedanta, USL, AB Nuvo, Torrent Pharma, NOCIL

    Reliance Industries | Vedanta | Cairn India | Tata Power | Goa Carbon | Reliance Defence | GM Breweries | Radico Khaitan | Pincon Spirit | United Spirits | Aditya Birla Nuvo | Grasim Industries | Torrent Pharma | NBCC India | NOCIL and Container Corporation are stocks, which are in the news today.

  • Vedanta falls 6% as stock adjusts for second interim dividend Apr 11, 2017 09:37 AM IST

    Vedanta falls 6% as stock adjusts for second interim dividend

    Company has fixed April 12 as the record date for payment of interim dividend.

  • Cairn-Vedanta merger likely to complete in next 1-2 weeks with RBI nod Apr 06, 2017 08:21 AM IST

    Cairn-Vedanta merger likely to complete in next 1-2 weeks with RBI nod

    At the side-lines of CNBC-TV18 Global Natural Resources Conclave in Delhi, Varinder Bansal caught up with Sudhir Marhur, CFO of Cairn India and began by asking him about the merger timeline for Cairn-Vedanta and the status on RBI's approval for the same.

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