Cairn India

Aapka Bazaar: Investors' Query On Walchand Nagar, Cairn India and Lupin

Our Zee Business viewers call us on our daily show to ask their investment related queries. Today our caller asked us their query related to Walchand Nagar, Cairn India and Lupin

Dec 15, 2015, 13:46 PM IST

Cairn India on course to roll out enhanced oil recovery plan

Cairn India is set to launch the world's largest enhanced oil recovery programme, investing about US $760 million in the site where its first oil was discovered in the Thar desert of Rajasthan.

 

Dec 13, 2015, 15:22 PM IST

Cairn to seek $700 million compensation from government

British energy firm Cairn Energy has said it will seek about USD 700 million in compensation from the government for the loss of value of its shareholding in Cairn India suffered since their attachment nearly two years ago over a tax dispute.

Dec 10, 2015, 22:21 PM IST

'Vedanta not considering sweetening Cairn merger offer'

With minority shareholders of Cairn India said to be against the merger of the company with parent Vedanta Ltd, Vedanta Group Chairman Anil Agarwal Thursday hoped he wouldn't have to sweeten the merger offer.

Nov 19, 2015, 21:08 PM IST

Cairn tax case: Govt appoints Christopher Thomas as arbitrator

Just before Prime Minister Narendra Modi began his UK visit, the government named a Singapore-based lawyer J Christopher Thomas as its arbitrator for resolving the Rs 10,247 crore tax dispute with London-listed Cairn Energy.

Nov 12, 2015, 18:17 PM IST

Vedanta Resources net loss widens in H1 FY'16; halts dividend

Vedanta Resources Wednesday reported widening of its net loss to USD 324.5 million in the first half of the current fiscal as the mining conglomerate faced challenging commodities market.

Nov 04, 2015, 18:38 PM IST

Cairn-Vedanta merger to take place in June 2016, says Group firm

Mining baron Anil Agarwal-led Vedanta Resources Wednesday said the merger of its subsidiaries Vedanta Ltd and cash-rich Cairn India will happen in June quarter of 2016 as against the first quarter stated previously.

Nov 04, 2015, 18:34 PM IST

Cairn tax row: Will appoint arbitrator to resolve issue, India tells ICJ

 India has told the International Court of Justice that it will soon appoint an arbitrator to resolve the Rs 10,247-crore tax dispute with British oil explorer Cairn Energy Plc.

Oct 25, 2015, 11:05 AM IST

Vedanta may discuss on sweetening Cairn India deal next week

The Board of mining billionaire Anil Agarwal-controlled Vedanta Ltd will meet on Tuesday amid talks of the company being forced to sweeten its offer for absorbing its cash-rich oil subsidiary Cairn India.

Oct 23, 2015, 22:21 PM IST

Cairn India Q2 hit by lower oil, profit slumps 70% to Rs 673 crore

Cairn, which operates India's biggest onland oilfield at Barmer district in Rajasthan, reported net profit dropping to Rs 673 crore or Rs 5.54 per share in July-September compared with Rs 2,278 crore or Rs 13.77 per share in the same period a year ago.

Oct 21, 2015, 20:47 PM IST

Vedanta lines up over Rs 20,500 cr for Rajasthan business

Mining conglomerate Vedanta has set aside more than Rs 20,500 crore towards investment in oil and gas and zinc business in Rajasthan over the next three years.

Oct 16, 2015, 17:02 PM IST

Cairn India to exit Sri Lankan block

Cairn India has decided to suspend exploration operation in the gas blocks in Sri Lanka after two discoveries it had made turned out to be commercially profitable.
 

Oct 13, 2015, 16:02 PM IST

Cairn India seeks cut in cess on crude as oil prices halve

Cairn India has asked government to cut the cess levied on crude oil produced from its Rajasthan fields as the levy was taking away nearly a fifth of revenue at a time when oil prices have halved.

Oct 07, 2015, 17:20 PM IST

Tax issue: Cairn moves int'l court for appointment of arbitrator

With government refusing to join arbitration to resolve the Rs 10,247-crore tax dispute, British oil explorer Cairn Energy plc has moved The Hague-based International Court of Justice seeking appointment of an arbitrator on behalf of the Indian government.

Sep 23, 2015, 22:35 PM IST

Oil companies seek cut in cess on crude

State-owned oil producers ONGC and Oil India as well as private sector Cairn India have asked the government to cut cess on crude oil they have to pay in view of slump in prices.

Sep 21, 2015, 14:25 PM IST

Vedanta-Cairn India merger gets BSE, NSE approval

In June, India's largest private miner Vedanta Ltd had announced it will absorb oil firm Cairn India in a USD 2.3 billion all-share deal to create the country's largest diversified natural resources firm.

Sep 15, 2015, 18:51 PM IST

Cairn India's merger with Vedanta "uncertain": S&P

Rating agency Standard & Poor's Wednesday said completion of the proposed merger of Cairn India with Vedanta Ltd appears "uncertain".

Sep 09, 2015, 21:44 PM IST

Cairn to invest Rs 1,400 crore to raise oil, gas carrying capacity

Cairn India is set to expand its crude oil and natural gas carrying capacity by laying a new gas pipeline from its Barmer (Rajasthan) field with an investment outlay of Rs 1,400 crore.

Aug 26, 2015, 16:03 PM IST

Cairn to seek damages from Govt for tax notice

The firm said it has initiated arbitration for resolution of the tax demand linked to 2006 reorganisation of Cairn India, its one-time Indian subsidiary with oilfields in Rajasthan.

Aug 18, 2015, 12:42 PM IST

Cairn seeks oil swaps to get higher margins

Sources close to the company said Cairn India has sought government approval for a tripartite agreement wherein Barmer crude oil will go to the international market where it will get better price than the ones realised locally.

Aug 16, 2015, 11:55 AM IST