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
Cairn says working with new govt to resolve tax dispute
Scottish explorer Cairn Energy plc Tuesday said it is working with the newly elected government to resolve a tax dispute that has stalled sale of its 10 percent stake in Cairn India Ltd.
Aug 19, 2014, 17:45 PM IST