ONGC - The portfolio investor in Cairn's oil block
ONGC a 30% partner with Cairn India in Rajasthan’s Barmer blocks is reported to have blocked payments to Cairn as both operating and capital costs are alleged to be “inflated.” Put simply, it amounts...
View ArticleBody Blow to Cairn India
Body Blow to Cairn India- Its not just Petronas, its now come down to rank and file. PETRONAS, Cairn’s four year old partner has called it quits. Quite abruptly, one may say! And this may just be the...
View Article“Damned if I do Damned if I don’t.”
Cairn Energy has decided to “bypass” the Cairn India board and seek a direct approval from the shareholders on the conditions imposed by the government on the Cairn Vedanta deal. The government has...
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