The government’s law officers have held that Edinburgh-based firm needs ONGC’s consent to sell its majority stake in Cairn India to Vedanta Resources.
Tag: Cairn India
Post
Post
Vedanta-Cairn subject to 11
The Ministry of Oil and Petroleum is willing to give in-principle approval for Vedanta Resources’ acquisition of Cairn India, provided the Vedanta agrees to a set of 11 preconditions.