'Frustrated' by Rs 20,495-crore tax demand on Cairn: Vedanta
With its subsidiary Cairn India facing Rs 20,495-crore tax notice, billionaire Anil Agarwal-led Vedanta Group Sunday said it is "frustrated" by the tax demand raised on it using retrospective legislation.
Jun 14, 2015, 18:21 PM IST
Cairn India to merge into Vedanta in $2.3 bn all-share deal
In its biggest consolidation, billionaire Anil Agarwal's group Sunday announced merger of its cash-rich oil company Cairn India with parent Vedanta to cut debt at the struggling resources arm.
Jun 14, 2015, 14:38 PM IST
Cairn India to merge with Vedanta Ltd; to pare debt
The merger will help cut Vedanta's Rs 37,636 crore gross debt by using Rs 16,870 crore cash lying with Cairn as well as over Rs 14,000 crore of cash the firm generates every year.
Jun 09, 2015, 18:21 PM IST
