Cairn is awaiting its own arbitration award for which the final hearings concluded way back in 2018
Problems in production-sharing agreements with the government have haunted private oil and gas companies for years
The company wants an extension of timelines for the blocks it won under the Open Acreage Licensing Policy (OALP) rounds
Oil and gas business is the second-largest contributor to Vedanta's EBITDA, after the Indian zinc operations
The international tribunal was supposed to give an award by February 2019, but in March it delayed it to 2019-end and now to summer of 2020
The outflow from US equity funds this year has been the biggest since 2008, relative to the flood of money into cash and bonds, according to Goldman Sachs Group Inc
The investment by CIHL, which was entered into as part of its cash management activities, has delivered a net gain of over $100 million
Cairn, oil and gas arm of the Vedanta group, is producing at a cost of close to $8 a barrel
As per rules, a company will have to pay a cost equivalent to the committed work programme if it failed on its promise made in the bid
ONGC had first in May 2015, then again on at least two occasions in 2016, concurred with Cairn's interpretation of the PSC for extension of the Rajasthan contract by 10 years on same terms
Cairn India Ltd had moved the high court in April 2015 against Rs 204.95 billion tax demanded from it
The production will further go up to 500,000 BOPD with full investment plan of over Rs 370 billion over next few years
The strategic move will empower the core leadership to take key decisions
Sudhir Mathur expects all approvals for the projects to be in place by the end of this month
The company had approached ITAT after it was slapped with a tax assessment order of Rs 10,247 crore
The government's share from Cairn's Rajasthan block is 50 per cent
Companies, individuals will invest in a country if they can be certain of the legal framework
The contracts for these pre-NELP exploratory blocks will be extended for 10 years
Barmer block has Cairn India and ONGC as its partners
Reports Ebitda of Rs 1,067 cr, which is highest in past six quarters