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Vedanta Resources News

UPDATE 2-Vedanta makes $2.3 bln bid to buy out minorities in Cairn India
14 Jun 2015

UPDATE 2-Vedanta makes $2.3 bln bid to buy out minorities in Cairn India

* Deal at 7.3 percent premium to Cairn India's Friday close * Merger gives Vedanta access to Cairn India's $2.6 bln cash pile * Companies expect deal ...

India's Vedanta to buy out minority shareholders in unit Cairn India
14 Jun 2015

India's Vedanta to buy out minority shareholders in unit Cairn India

MUMBAI, June 14 (Reuters) - India's largest private miner Vedanta Ltd has offered to buy out minority shareholders in cash-rich oil and gas unit Cairn...

UPDATE 1-Cairn India, Vedanta boards to meet on Sunday to discuss merger
13 Jun 2015

UPDATE 1-Cairn India, Vedanta boards to meet on Sunday to discuss merger

(Updates with company statements) MUMBAI, June 13 (Reuters) - The boards of oil company Cairn India and its parent, Vedanta Ltd, will meet on Sunday t...

Cairn India, Vedanta boards to meet on Sunday amid merger speculation
13 Jun 2015

Cairn India, Vedanta boards to meet on Sunday amid merger speculation

MUMBAI, June 13 (Reuters) - The boards of oil company Cairn India and its parent Vedanta Ltd will meet on Sunday, Cairn said, to discuss what could be...

UPDATE 1-Indian oil min says met Cairn India over Vedanta merger
12 Jun 2015

UPDATE 1-Indian oil min says met Cairn India over Vedanta merger

(Adds details, background, June 14 meeting) By Nidhi Verma NEW DELHI, June 12 (Reuters) - India's oil minister met executives from oil company Cairn I...

Indian oil minister met Cairn India leadership over Vedanta merger
12 Jun 2015

Indian oil minister met Cairn India leadership over Vedanta merger

DELHI, June 12 (Reuters) - India's oil minister met the leadership of oil company Cairn India this week to discuss its potential merger with parent Ve...

FTSE 250 movers: Petrofac higher on new contract, miners retreat
11 Jun 2015

FTSE 250 movers: Petrofac higher on new contract, miners retreat

Mid caps were performing well on Thursday afternoon, led by strength in the construction, insurance and technology sectors. As of 1445 BST, the FTSE 2...