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Company Overview and News

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Vedanta set to bag 40 oil blocks, ONGC 2, HOEC 1

2018-08-07 livemint
New Delhi: Anil Agarwal-led Vedanta Ltd is likely to bag as many as 40 oil and gas exploration blocks in India’s maiden open acreage auction, people familiar with the matter said on Tuesday.
HINDOILEXP 532792 500325 RELIANCE RIGD 500186 CAIRN CWNQY RLNIY

0
Vedanta set to bag 40 oil blocks, ONGC 2, HOEC 1

2018-08-07 moneycontrol
Anil Agarwal-led Vedanta Ltd is likely to bag as many as 40 oil and gas exploration blocks in India's maiden open acreage auction, official sources said today. An Empowered Committee of Secretaries (ECS) has cleared award of blocks offered in OALP-1, bidding for which closed on May 2, they said.
HINDOILEXP 532792 500325 RELIANCE RIGD 500186 CAIRN CWNQY RLNIY

0
Cairn Energy says I-T department sells $216 million of Vedanta shares

2018-07-09 livemint
New Delhi: Cairn Energy Plc said on Monday the income tax department had sold about $216 million worth of Vedanta Ltd shares owned by Cairn in connection with the recovery of a part of a Rs 10,247 crore retrospective tax demand.
CNE 532792 CRNZF VEDL CAIRN CWNQY CRNCY

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[Press] Update on Cairn’s Assets in India

2018-07-09 oilvoice
Cairn is providing an update on its ongoing arbitration with the Government of India under the UK-India Bilateral Investment Treaty (“the Treaty”).
532792 VEDL CAIRN CWNQY

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Vedanta delisting not related to Tuticorin incident: Anil Agarwal

2018-07-03 moneycontrol
Mining mogul Anil Agarwal today said his plan to delist his flagship Vedanta Resources Plc from London Stock Exchange and take it private is no way linked to the Tuticorin incident and is merely an exercise to simplify a sprawling business empire. Agarwal, who launched a USD 1 billion offer to buy the 33.65 percent stake of Vedanta that his family trust does not own, while on a cruise with family in the Mediterranean, said the liquidity of Indian markets now means that the need for a separate London listing is no longer critical.
VED 532792 DTK LNSTY HNDZY VEDL CAIRN CWNQY 500188 HINDZINC

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Vedanta Resources delisting not related to Tuticorin incident, says Anil Agarwal

2018-07-03 livemint
New Delhi: Mining mogul Anil Agarwal on Tuesday said that his plan to delist his flagship Vedanta Resources Plc from London Stock Exchange and take it private is no way linked to the Tuticorin incident and is merely an exercise to simplify a sprawling business empire.
VED 532792 DTK LNSTY HNDZY VEDL CAIRN CWNQY 500188 HINDZINC

2
Vedanta to be de-listed as boss Agarwal launches bid to take full ownership of Indian miner

2018-07-02 telegraph.co.uk
The billionaire executive chairman and controlling shareholder of mining group Vedanta Resources has launched a bid to take full control of the company that will result in it ditching its London listing.
VED 532792 LNSTY VEDL CAIRN CWNQY

0
Managing externalities: The case of Sterilite

2018-06-02 freepressjournal.in
Businessmen are mainly concerned with making profits. They live in a competitive world and they have to produce goods at the lowest possible cost. Their profits are determined by the payments made for the raw materials such as copper ore by the Sterilite plant in Tuticorin, cost of land, machinery and labour. The cost to the society from pollution of air and water does not enter into their calculations.
VED 532792 CAIRN CWNQY

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Delhi HC orders extension of Cairn India contract by 10 years on same terms

2018-06-01 economictimes.indiatimes
Copyright © 2018 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
532792 CAIRN CWNQY

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Tax department to sell Cairn Energy#39;s attached shares at #39;appropriate time#39;

2018-05-27 moneycontrol
The Tax Department will sell at an "appropriate time" the shares owned by British firm Cairn Energy plc which were attached following a Rs 10,247-crore tax demand, a senior tax official said.
CNE 532792 CRNZF CAIRN VEDL CWNQY CRNCY

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India may not accept arbitration orders on Cairn, Vodafone tax cases

2018-05-22 livemint
New Delhi: India may not accept international arbitration orders annulling tax demands on British firms Vodafone Plc and Cairn Energy Plc, a senior official has said, adding that the tax department would continue with recovery actions.
HUWHF CNE 532792 CRNZF CAIRN CWNQY CRNCY

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Walmart to comply with tax rule on India Flipkart deal, CEO Doug McMillon says

2018-05-10 livemint
New Delhi: Walmart Inc. will comply with any tax demand arising from its purchase of a stake in India’s e-commerce leader, a move that could help the global giant avoid festering litigation that overseas companies such as Vodafone Group Plc face in the South Asian nation.
CNE 532792 VOD VOD VODPF CKHUF CRNZF CKHUY CAIRN CWNQY CRNCY

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Arbitration hearings begin in Cairn India's challenge to Rs 20,500 crore tax demand

2018-05-06 economictimes.indiatimes
Copyright © 2018 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
532792 CAIRN CWNQY

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Vedanta, ONGC top bidders for 55 oil and gas blocks

2018-05-03 freepressjournal.in
New Delhi : Vedanta and state-owned ONGC were top bidders on Wednesday for 55 oil and gas blocks offered in India’s maiden open acreage auction that was shunned by domestic private and international energy majors.
532792 500325 RELIANCE RIGD 500134 ESSAROIL ONGC CAIRN CWNQY RLNIY

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#39;Retrospective#39; amendment to Rajasthan production pact puts Cairn India in a spot

2018-05-01 moneycontrol
A 'retrospective' amendment to the contract for the prolific Rajasthan oil block has put its operator Cairn India in a spot, as it has to shell out more to the government to retain it for another 10 years.
532792 CAIRN CWNQY

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