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Vedanta Resources

Vedanta Resources 08/12/2011

10:12 : Vedanta completes Cairn India deal - LONDON (Reuters) - Vedanta Resources Plc completed its long-delayed $8.7 billion (5.5 billion pounds) purchase of a majority stake in Cairn Energy Plc's Indian unit, more than a year after the deal was first ...
Source : reuters-com

Vedanta Resources 26/11/2011

00:59 : Market Report: Vedanta Resources misses out on long-awaited rally - The blue-chip index's worst losing streak for nearly nine years may have finally come to an end last night, but Vedanta Resources was among those missing on the long-overdue rally.

Vedanta Resources 25/11/2011

12:51 : Vedanta Resources loses more than 4% as Deutsche analyses its debt position - Bank cuts target price for Indian miner, and looks at the state of its financesVedanta Resources is coming under pressure on concerns about its debt levels.In a climate where investors are increasingly worried about company finances and possible breaches ...
Source : guardian-co-uk

Vedanta Resources 31/08/2011

09:03 : Hopes of further QE lift FTSE 100 while Smith & Nephew climbs again on ... - Hopes that despite disagreements the US Federal Reserve will have to act to stimulate the country's sluggish economy, along with calls for further quantitative easing elsewhere, have combined to push leading shares higher once more.The FTSE ...
Source : guardian-co-uk

Vedanta Resources 28/06/2011

05:53 : Cairn agrees to cut price of Indian assets in attempt to secure Vedanta ... - Cairn Energy has agreed to accept a further $600m (£375m) cut in the price for the sale of 40pc of its Indian assets to end the deadlock with Vedanta Resources.
Source : telegraph-co-uk
04:23 : Vedanta takes 10 percent stake in Cairn India, rejigs deal - LONDON (Reuters) - Vedanta Resources Plc took another 10 percent stake in Cairn Energy's Indian assets as part of an overhaul of a long-delayed deal which will cut the price tag by more than $600 million (375 million pounds).
Source : reuters-com

Vedanta Resources 31/05/2011

18:38 : Tie-up fears weigh on Cairn and Vedanta - As Greenpeace protesters scaled Cairn Energy's rig off the coast of Greenland, the oil explorer's shares came under some pressure, although investors appeared more preoccupied with its tie-up with Vedanta Resources than ...
Source : telegraph-co-uk

Vedanta Resources 25/05/2011

15:26 : Cairn Energy gains ground after Indian subsidiary results - Cairn Energy is climbing for the second day in a row, the catalyst this time being results from its Indian subsidiary.The company is still waiting for government approval to sell the bulk of its 62% stake in Cairn India ...
Source : guardian-co-uk

Vedanta Resources 24/05/2011

16:37 : Cairn Energy climbs on Greenland update as commodities help FTSE edge ... - Cairn Energy has climbed nearly 4% after giving more details of its controversial plans to drill for oil in Greenland this summer.The company - which is currently attempting to gain regulatory approval to sell its Indian ...
Source : guardian-co-uk

Vedanta Resources 05/05/2011

18:58 : Vedanta to buy minimum amount of shares from Cairn Energy - Vedanta Resources plans to acquire the minimum amount of shares from Cairn Energy it agreed to buy as part of its controversial $9.4bn (£5.7bn) Rajasthan oil fields bid.
Source : telegraph-co-uk

Vedanta Resources 20/04/2011

01:51 : Vedanta picks up £920m stake in Cairn India - Vedanta resources has snapped up a 10.4 per cent stake in Cairn India for about £920m, in a signal of its determination to take control of the oil company, even as political uncertainty hangs over the deal.

Vedanta Resources 19/04/2011

23:56 : Vedanta buy puts it closer to control of Cairn India - Vedanta Resources yesterday confirmed it had bought a 10.4 per cent stake in Cairn India for $1.5 billion (£920 million) in a move seen as stepping up the pressure ove
Source : scotsman-com

Vedanta Resources 06/04/2011

16:48 : M&S helps lift FTSE but Cairn Energy loses ground after Indian deal delay - Cairn Energy was the biggest faller in the leading index after yet another delay in approving a proposed $9.6bn deal with mining group Vedanta Resources.The Indian government had been expected to give the go-ahead ...
Source : guardian-co-uk
14:26 : Vedanta and Cairn slide on new delay to $9.6bn Indian deal - Vedanta Resources has been a strong market recently on talk that its $9.6bn deal to buy 51% of Cairn Energy's Indian business would soon be approved by the country's government.But it appears the decision has been referred by ...
Source : guardian-co-uk
09:44 : FTSE Movers: M&S rises on surprise growth; Vedanta extends gains - Marks & Spencer (MKS.L) leads FTSE 100 higher after posting surprise growth in sales, while Vedanta Resources (VED.L) extends recent gains amid progress on a takeover deal in India.
Source : citywire-co-uk
08:50 : Agarwal in last-ditch appeal on Cairn India - The chairman of Vedanta Resources has appealed to New Delhi to detach his company’s $9.6bn bid for Cairn Energy’s Indian oil assets from a squabble over royalties payments
Source : ft-com

Vedanta Resources 05/04/2011

16:24 : Vedanta expects Cairn deal approval in few days - MUMBAI (Reuters) - Vedanta Resources expects the Indian government to approve its long-pending deal to take control of Cairn India in the next few days, its chairman said, adding that the issue of royalty payments ...
Source : reuters-com

Vedanta Resources 02/03/2011

18:32 : Cairn Energy climbs 2% on hopes for Indian deal resolution, but FTSE falls - Hopes for a resolution to the long running saga of Cairn Energy's attempts to sell a majority stake in its Indian business have sent the company's shares nearly 2% higher.In August the company agreed to dispose of 51% of Cairn India to mining ...
Source : guardian-co-uk
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