Profit

Vedanta-Cairn deal yet to get SEBI approval

PUBLISHED ON: September 15, 2010 | Duration: 2 min, 27 sec

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Cairn India, the local oil exploratory unit of Cairn Energy, used its Annual General Meeting on Wednesday to convince shareholders of the benefits of selling majority stake to Vedanta. But Cairn's Chairman Bill Gammell had no concrete answers on when regulatory approvals will come through.
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