Cairn India
Petroleum products exporters ONGC, RIL, MRPL, Vedanta shares fall after government imposes cess on diesel, petrol; know what is triggering correction
Fri, Jul 01, 2022
Shares of oil exploration companies and refiners witnessed a sharp fall on Friday. The fall was on the back of government's announcement to impose Special Additional Excise Duty (SAED) on export of petrol and diesel.
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Vedanta-led Cairn India CEO, CFO quit firm
Thu, Apr 11, 2019
Elango's exit in 2014 had completed the exodus of the entire top management of Cairn India since Vedanta announced its intention in 2010 to buy a majority stake in the company from Scottish explorer Cairn Energy Plc. Rick Bott, who was the executive director and the chief operating officer of Cairn India, quit on June 15, 2011.
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India not to sell Cairn Energy shares to recover tax
Sun, Nov 19, 2017
Cairn Energy holds 4.95% stake in Vedanta Ltd that the income tax department had attached in January 2014 after slapping the British firm with a Rs 10,247-crore tax demand over a decade-old internal reorganisation of Indian business.
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RBI approval left for Cairn-Vedanta merger; shares gain
Tue, Mar 28, 2017
Cairn, in a BSE filing on Tuesday said, "The company has now received all the required approvals in relation to the scheme of arrangement between Vedanta Limited and Cairn India and their respective shareholders and creditors ('Scheme'), save and except the approval of RBI for issuance of redeemable preference shares to the non-resident shareholders of Cairn India."
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Vedanta to invest $10 billion on expanding business
Sun, Feb 19, 2017
"We have the potential to spend $10 billion over a period of five years; we are looking at 3,50,000 barrel of oil... To have 100,000 barrel equivalent to gas. We are looking to integrate 3 million tonnes capacity for the aluminium," the mining baron told PTI in a telephonic interview.
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Cairn India gets nod for drilling 64 exploratory, appraisal wells in KG-Basin
Tue, Jan 17, 2017
A committee under the Ministry of Environment, Forests and Climate Change has given a green signal to Cairn India for undertaking drilling works of 64 exploratory and appraisal wells in KG-OSN-2009/3 block in KG basin at Prakasam and Guntur districts of Andhra Pradesh.
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