Profit

Vedanta enters oil business

PUBLISHED ON: August 21, 2010 | Duration: 23 min, 15 sec

   
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The Vedanta group has bought a stake in Cairn India for close to $9 billion. However, investors in Sesa Goa - a Vedanta group company - did not react favourably to the deal because part of the money to finance the deal comes from Sesa Goa.
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