Cairn Energy sells 8 per cent stake in Cairn India
Cairn Energy Plc (CNE.L) has raised $910 million by selling an 8 per cent stake in Cairn India, continuing the sell-down of its historic interest in the Indian business it formerly controlled to fund
Cairn hopes sale nod by March 2011
London, Nov. 16: Cairn Energy Plc on Tuesday said it hopes to get approvals for sale of majority stake in its Indian arm to Vedanta Resources by first quarter of 2011, but in the same vein said the de
Vedanta Group not to hike open offer price
Mumbai, Oct. 11: The Vedanta Group on Monday ruled out increasing the open offer price to minority shareholders of Cairn India, saying its current offer was “lucrative.”
“There is no question (of inc