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Hike gas prices now: Energy giants RIL, ONGC, BP, Cairn tell govt panel

Aug 25, 2014

Hike gas prices now: Energy giants RIL, ONGC, BP, Cairn tell govt panel

Energy giants led by Reliance Industries, ONGC, BP and Cairn India today unanimously demanded an immediate hike in natural gas prices. #ONGC #BP #RIL #Cairn India #gas #gas price #Secretary
Cairn India's $1.25 bn loan to Vedanta raises the issue of corporate governance

Jul 24, 2014

Cairn India's $1.25 bn loan to Vedanta raises the issue of corporate governance

Cairn India shares slumped as much as 4.7 percent after it announced a $1.25 billion loan facility to parent group Vedanta Group, of which $800 million was disbursed in the first quarter of the current fiscal. #Vedanta #Cairn Energy #Cairn India
IT dept 'surveys' Cairn India on transfer of assets

Jan 22, 2014

IT dept 'surveys' Cairn India on transfer of assets

Cairn Energy plc had transfered the India assets into the newly incorporated Cairn India Ltd and listed the firm on the stock exchanges through an initial public offering (IPO). #Income Tax Department #CompanyWatch #Cairn India #Vedanta Group
Capital gains tax: Income Tax dept surveys Cairn India office

Jan 22, 2014

Capital gains tax: Income Tax dept surveys Cairn India office

The Income-Tax department has 'surveyed' the office of nation's largest oil producer Cairn India in connection with transfer of assets by its erstwhile UK promoter, Cairn Energy plc to the Indian entry. #WhyNow #Cairn Energy #Income tax #Cairn India #Capital gains tax
Cairn India to invest up to $750mn on KG-Basin Block over 5yrs

Dec 05, 2013

Cairn India to invest up to $750mn on KG-Basin Block over 5yrs

Once the Director General of Hydrocarbons approval comes, the JV will invest USD 700-750 million over 3-5 years on the Block. The investment includes creation of necessary infrastructure and production, sources said. #CompanyWatch #Cairn India #KG basin