Vedanta Resources

  • SC dismisses plea challenging Vedanta-Cairn deal 09-05-2013 11:59 AM

    New Delhi: The Supreme Court on Thursday dismissed a plea which had challenged the validity of the Cairn-Vedanta deal and said there was nothing malafide in the transaction. The court was hearing a petition challenging the validity of the $8.5 billion Cairn-Vedanta deal and had sought a CBI probe into...
  • Cairn to finalise Vedanta deal in Sept: source 11-08-2011 11:37 AM

    London: British oil explorer Cairn Energy expects to finalise a long-awaited deal to sell control of its Indian business by mid-September, bringing to conclusion a process that has dragged on for almost a year. India in June granted conditional approval for Vedanta Resources to buy a stake in Cairn India...
  • Cairn extends deadline for $9.6 bn Vedanta deal 07-04-2011 02:08 PM

    New Delhi: A day after the Government referred its $9.6 billion deal to a panel of ministers, UK's Cairn Energy Plc on Thursday said it has extended the deadline for completion of the sale of a majority stake in its Indian unit to Vedanta Resources by over a month to...
  • SEBI approves Cairn India deal: Vedanta chief 05-04-2011 01:59 PM

    Mumbai: UK-based Vedanta Group on Tuesday said it has received market regulator SEBI's nod for a $9.6 billion deal to acquire a 51 per cent stake in Cairn India and will launch an open offer soon. "We have already received SEBI's approval for an open offer. The issue will open...
  • Govt likely to clear Cairn-Vedanta deal 02-03-2011 05:16 PM

    New Delhi: After keeping it on tenterhooks for months, the Government looks set to clear London-listed mining group Vedanta Resources' $9.6 billion acquisition of Cairn India without any significant precondition. This follows the Oil Ministry watering down preconditions it had set for Vedanta to buy a 51 per cent stake...
  • Church sells Vedanta shares over human rights violations 07-02-2010 02:38 PM

    The Church of England has sold all its shares in Vedanata Resources. ...