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United Spirits, Cairn to move out from Sensex Next 50 index

Sensex Next 50 index measures the performance of the subsequent 50 largest index-eligible stocks outside the BSE Sensex 50.

Vedanta completes Cairn merger

Vedanta completes Cairn merger

The merger of cash-rich oil producer Cairn India into its debt-ridden parent Vedanta Ltd is now complete, the two firms announced on Tuesday.

Cairn-Vedanta merger: All approval in place barring RBI

Cairn-Vedanta merger: All approval in place barring RBI

Vedanta Ltd on Tuesday said it has received all approvals for its merger with Cairn India barring the RBI nod for issuing redeemable preference shares to the non-resident shareholders of the oil producer.

I-T dept lifts freeze on Cairn dividend payout, stake bar stays

The tax department has agreed to lift the freeze on British oil explorer Cairn Energy being paid dividend by its erstwhile subsidiary Cairn India, but it still cannot sell the residual stake pending a tax dispute.

Vedanta to invest $10 bn on expanding business

Metals and mining conglomerate Vedanta will invest USD 10 billion in 3-4 years on expanding business across verticals, company's Chairman Anil Agarwal said.

Cairn India PSC extension: HC directs govt to decide within 2 months

Cairn India PSC extension: HC directs govt to decide within 2 months

Delhi High Court Monday directed the government to positively take a decision within two months regarding extension of a production sharing contract (PSC) it has with Cairn India, a subsidiary of UK-based Vedanta group, to produce oil from a Rajasthan block till 2020.

ONGC, Cairn India face Rs 730 crore service tax on royalty payments

ONGC, Cairn India face Rs 730 crore service tax on royalty payments

In a setback to energy firms like ONGC and Cairn India, the government will from this fiscal levy service tax of about Rs 730 crore on royalties they pay to the exchequer on oil and gas they produce.

Delhi HC dismisses Cairn India's plea for export of excess crude

Delhi HC dismisses Cairn India's plea for export of excess crude

Delhi High Court on Tuesday dismissed a plea filed by UK-based Vedanta group company, Cairn India Ltd, seeking permission to export excess crude from its Barmer oil field in Rajasthan.

'Quarterly earnings of UltraTech, HCL, Cairn India to dictate stock market trend this week'

'Quarterly earnings of UltraTech, HCL, Cairn India to dictate stock market trend this week'

Quarterly earnings from bluechips Reliance Industries and Wipro would largely influence market trend this week in the absence of any major domestic triggers, say experts.

Cairn India oil and gas output drops 4% in Q2, 2016

Cairn India oil and gas output drops 4% in Q2, 2016

Cairn India today reported a 4 percent drop in its oil and gas production during the second quarter ended September 30 after eastern offshore Ravva field output dipped by more than a quarter.

Vedanta pays over Rs 13,300 crore in royalties, taxes to India in FY16

Vedanta pays over Rs 13,300 crore in royalties, taxes to India in FY16

Mining giant Vedanta Resources has paid more than USD 2 billion (over Rs 13,300 crore) in taxes, royalties, licence fees and other payments to India in the last financial year ended March 2016.

Cairn to spend $150 million on 10 exploratory wells in Andhra Pradesh

Cairn to spend $150 million on 10 exploratory wells in Andhra Pradesh

Cairn India will be taking up exploratory and appraisal drilling of ten wells in Palar block at the coast in Nellore district Andhra Pradesh with an investment outlay of USD 150 million.

Vedanta Resources shareholders approve Cairn India merger

Vedanta Resources shareholders approve Cairn India merger

Mining conglomerate Vedanta Resources Tuesday said its shareholders have approved the merger of group firms Vedanta Ltd and Cairn India.

Cairn tax dispute: India has to respond by Nov on $5.6 bn compensation demand, says CEO

Cairn tax dispute: India has to respond by Nov on $5.6 bn compensation demand, says CEO

India has time till November to respond to Cairn Energy's demand for USD 5.6 billion compensation in the retrospective tax case, said CEO of the British oil firm, Simon Thomson.

Jobs in entrepreneurial companies not for life: Vedanta CEO Tom Albanese

Jobs in entrepreneurial companies not for life: Vedanta CEO Tom Albanese

With three CEOs quitting since it took over oil producer Cairn India, mining mogul Anil Agarwal's Vedanta Ltd has defended the high turnover, saying jobs in entrepreneurial companies are not for life and is based on what people can do for the company in future.

Vedanta merger: Cairn calls shareholders' meeting on September 12

Cairn India has called a shareholders' meeting on September 12 to seek approval for the company's takeover by its parent Vedanta Ltd under a revised all-share deal.

New offer of Cairn India merger

New offer of Cairn India merger to lure minority shareholders. Watch this special segment and get to know more here.

Vedanta sweetens Cairn merger deal, offers 3 additional preference shares

Vedanta sweetens Cairn merger deal, offers 3 additional preference shares

Unable to quickly absorb its cash-rich oil subsidiary Cairn India, mining billionaire Anil Agarwal's Vedanta Ltd on Friday sweetened the merger deal by offering three additional preference shares.

Cairn Energy seeks $5.6 billion compensation from India for raising retrospective tax demand

Cairn Energy seeks $5.6 billion compensation from India for raising retrospective tax demand

British explorer Cairn Energy has sought USD 5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 29,047 crore on 10-year old internal reorganisation of its India unit.

'Cairn can't export crude till India attains self sufficiency'

The submission was made by the Ministry of Petroleum and Natural Gas which is opposing Cairn's request for permitting them to export crude oil.