Govt rejects Cairn's arbitration on tax dispute
The government has rejected Cairn Energy UK's plea for an arbitration over Rs 10,247-crore tax dispute saying taxation is not covered under the UK-India Investment Promotion and Protection Treaty.
Jun 28, 2015, 11:28 AM IST
Cairn-Vedanta deal: LIC expresses doubts over valuations, debt
LIC owns 9.06 percent in Cairn India, second only to 9.82 percent of UK's Cairn Energy plc. LIC also has a minority 1.77 percent holding in Vedanta. The merger needs approval of at least half of the minority shareholders.
Jun 16, 2015, 22:35 PM IST
Anil Agarwal rules out raising offer price for Cairn
Notwithstanding the criticism of minority shareholders of Cairn India getting a raw deal, billionaire Anil Agarwal Tuesday ruled out his debt-ridden mining firm Vedanta Ltd raising the offer to absorb the cash rich oil firm.
Jun 16, 2015, 20:58 PM IST
I-T dept to defend Rs 20,495-cr tax claim on Cairn India
The Income Tax Department will defend the Rs 20,495-crore tax claim it has made on Cairn India even after the company is merged with its parent Vedanta Ltd.
Jun 16, 2015, 17:50 PM IST
Merger to strengthen financial performance of Vedanta Resources: S&P
The proposed merger of two Vedanta Resources firms, Cairn India with Vedanta Ltd, will improve the financial performance of the group company, global agency Standard & Poor's (S&P) said.
Jun 15, 2015, 22:22 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
Vedanta acquires 4.98% stake in Cairn India for $ 315 mn
Vedanta Ltd, formerly Sesa Sterlite, has acquired 4.98 percent stake in Cairn India for USD 315 million from a wholly-owned subsidiary Twinstar Mauritius Holdings (TSMHL).
Jun 03, 2015, 23:30 PM IST
Vedanta reports net loss of Rs 19,228.12 cr in Q4
Vedanta Ltd Wednesday reported a consolidated net loss of Rs 19,228.12 crore in the quarter ended March 31 due to impairment charge relating largely to Cairn India acquisition goodwill.
Apr 29, 2015, 22:05 PM IST
Sesa Sterlite renamed as Vedanta Ltd
Metals and mining conglomerate Sesa Sterlite today said it has changed its name to Vedanta Ltd to better align with its international identity - Vedanta Resources.
Apr 22, 2015, 14:44 PM IST
Sesa Sterlite may be renamed Vedanta Ltd
Aimed at leveraging the "Vedanta" brand, metals and mining conglomerate Vedanta Resources plans to rechristen its subsidiary Sesa Sterlite Ltd as Vedanta Ltd.
Feb 20, 2015, 18:00 PM IST
