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Cairn India helps Vedanta up profit by 21%
India-focused miner Vedanta's full-year earnings rose 21 percent, as revenue from oil and gas assets acquired in late 2011 helped offset iron ore mining bans that cost it almost $500 million in lost profit. #Vedanta #EarningsShow #Cairn India #O&G company
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Cairn's dividend payout crucial for Vedanta to service debt: Moody's
Cairn India's dividend payouts are crucial for Vedanta Group to service debt it had raised to acquire the oil company, credit rating agency Moody's Investors Service said today. #Vedanta #Moody's #Sesa Goa #ExpertView #Cairn India
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Cairn India: Why analysts are bullish on the stock
The Cairn India stock has lost over 13 percent in 2013 due to the decline at its biggest field Mangala in Rajasthan, the production from which is expected to trend downwards from current 150,000 bpd. #Rajasthan #oil #EarningsShow #StockWatch #Crude #Cairn India #Exploration
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Economic TimesDGH rejects Cairn plea for restoring area in Raj
NEW DELHI: Upstream regulator DGH has rejected Cairn India's plea seeking return of nearly 8,000 square kilometres of area in its prolific Rajasthan block that it had over the years contractually relinquished. The Directorate General of Hydrocarbons (DGH #India #New Delhi #Royal Dutch Shell
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Moneycontrol.comHelped by Cairn India, Vedanta core profits up 21% at $4.8b
Buoyed by earnings from subsidiary Cairn India and higher metals production, Vedanta Resources today reported a 21 percent increase in its core profits at USD 4.888 billion for the year ended March, 2013. The natural resources giant, whose most of the op #India #Vedanta Resources #Goa
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Economic TimesCairn India to drill 48 more wells on Mangala oilfield
NEW DELHI: Cairn India plans to drill 48 wells at a cost of less than USD 100 million on the Mangalaoilfield in the prolific Rajasthan block to extend the current production plateau. The company last month wrote to the block oversight committee saying, " #India #New Delhi