Cairn Vedanta

The regional committee's recommendations stressed that exploration activities must adhere to safety protocols outlined in a parliamentary report on petroleum and natural gas, which followed the Baghjan oil and gas leak disaster of May 2020.

Cairn Oil & Gas submits plan to begin production from Gujarat block

Cairn Oil & Gas has submitted a field development plan to produce more than 2,000 barrels of barrels of oil equivalent per day from its Jaya block

Expert view: India initiates tax recovery proceeding against Cairn Energy

Three months after the income tax appellate tribunal ordered UK based Cairn Energy to pay Rs 10,000 crore in capital gains tax -- India has now initiated tax recovery proceedings against the firm.

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.

Why insurers are uncomfortable with IRDAI diktat on disclosures

Even when voting decisions are put forward, large insurers take a neutral stand and abstain from voting or vote for the management. These activities will now have to be declared publicly along with reasons for it

Liquidity is king in short-term but earnings worrying: Udayan

Speaking to CNBC-TV18 Consulting Editor Udayan Mukherjee believes that Axis Bank's poor numbers have been muted. He believes that in a different kind of a set-up, the bank would have fallen badly. The bank should trade below Rs 500, he said, adding that there are wrinkles in the bank and HDFC Bank's numbers.

'LIC monitoring wing votes against Cairn-Vedanta merger'

The monitoring wing believes the merger is not favourable to Cairn minority shareholders. LIC feels the swap ratio needs to be sweetened. It is also seeking a higher premium on RPS.

CBDT says won't take action on MAT till Shah report tabled

Central Board of Direct Taxes will be awaiting the AP Shah Panel Report recommendations before taking further action on MAT on FPIs. Meanwhile, treaty benefit will be available to FPIs where applicable.

Cairn-Vedanta deal: OilMin goes to Cabinet again

The USD 8.48-billion Cairn-Vedanta deal may have concluded and all government pre-conditions met, but the Oil Ministry has approached the Cabinet again for a fresh approval in view of the Home Ministry pointing to the alleged global and domestic "transgressions" by Vedanta group.

Do paperwork to discuss Cairn-Vedanta deal: ONGC to Cairn

ONGC sources have indicated that they may take up the no objection certificate (NOC) for Cairn-Vedanta on September 27 which is when the regular board meet is scheduled. The results of the postal ballot will be out tomorrow, reports CNBC-TV18's Nayantara Rai.

FDI to cross USD 30bn by FY12 end: Anand Sharma

On the latest episode of CNBC-TV18's India Tonight, Karan Thapar catches up with Cabinet Minister of Commerce and Industry, Anand Sharma. He quizzes the Rajya Sabha MP from Congress on his expectations of foreign inflows into India and the policy overhang in foreign direct investment space.

K'taka export ban not lifted, only stayed by SC: Sesa Goa

PK Mukherjee, MD of Sesa Goa, in an interview with Udayan Mukherjee and Mitali Mukherjee, spoke about the latest happenings in his company and gave his outlook for the company going forward.

How does Tulsian view the Cairn-Vedanta deal delay?

SP Tulsian of sptulsian.com, in an interview on CNBC-TV18 gave his view on the whole Cairn-Vedanta issue being referred to a GoM headed by finance minister Pranab Mukherjee.

You have to be patient, ONGC FPO may hit only in FY12

The much-awaited FPO of state-run explorer ONGC may have caught in another logjam. In an interview to CNBC-TV18, AK Hazarika, Chairman of the company said that FPO is unlikely to be launched in the first week of April.

Oil Min drops clause of Cairn foregoing future legal rights

In the cabinet note prepared by the oil ministry pertaining to the USD 9.6 billion Cairn-Vedanta deal, some of the earlier 11 pre-conditions have been watered down. And, this is a result of the law ministry saying clauses such as Cairn foregoing its future legal rights to future arbitration are not tenable.

Not possible, apt to agree to any terms: Vedanta to oil min

Furthering the USD 9.6 billion Cairn-Vedanta deal saga, CNBC-TV18's Nayantara Rai learns that Vedanta has told the oil ministry that it would be neither possible nor appropriate for it to agree to the proposals put forth by the government to go through.