Cairn India Intraday Buy Call
Cairn India can be purchased by day traders in today’s trading session with a stop loss of Rs 200 for achieving an intraday target of Rs.211.If the stock markets remain on positive track, the next...
View ArticleCairn India increases oil production capacity by 25%
Cairn India reported on 31 January that the company has increased its oil production capacity by 25% to 125,000 barrels of crude oil per day for Mangala field in Rajasthan. This production has led to a...
View ArticleBuy Cairn India
Stock market analysts have suggested day traders to purchase Cairn India stock around Rs 214 with a stop loss of Rs 211 to achieve upper resistant target of Rs 219.Analysts told that the stock...
View ArticleBuy Cairn India
As per views of stock analysts, the day traders can buy Cairn India, as it is a brilliant option for intraday dealings.Investors can purchase Cairn India stock above Rs 213 to achieve a target of Rs...
View ArticleCairn India to raise Rs 2534 crore via private placement
Cairn India Limited (CIL), a division of oil explorer Cairn Energy, has announced that it will raise around $ 625 million or Rs 2,534.60 crore, through a private placement to Malaysian state oil...
View ArticleCairn India to pump $ 2 billion for developing Rajasthan fields, pipeline
Oil Drilling and Exploration major, Cairn India has unveiled its plans to invest US$2bn for developing oil fields in Rajasthan and to build a crude pipeline over the next 18 months. Under the plan,...
View ArticleCairn India arm to invest $ 110 million on exploration of hydrocarbons
Cairn Lanka Pvt. Ltd., a wholly owned subsidiary of Cairn India has entered into an agreement with Sri Lanka's Board of Investment (BOI), the governing body for promoting industrial investments in Sri...
View ArticleGovt Gives Nod To Cairn’s New Development Plan In Rajasthan
In a major declaration, Cairn India announced that the Indian government has given sanction to go ahead with the development of an oil field in north-west India.In a statement, the company said that...
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Cairn India to begin production from its Rajasthan plant by this month-end
Cairn India, the local arm of UK-based Cairn Energy Plc, is expected to start commercial production of crude oil from its Rajasthan field by month-end.It should be noted that the company has already...
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Cairn’s Rajasthan fields to begin production shortly
Cairn India, the Indian unit of Scottish explorer Cairn Energy, is ready to start crude production from its fields in Rajasthan shortly, but distributing the oil to its clients will not be as easy as...
View ArticleBuy Cairn India To Achieve Short-Term Target Of Rs 305: Nirmal Bang
In its latest research report, Nirmal Bang, an equity research firm said that Cairn India, which has been consolidating between Rs 255-265 level, can give good returns in the short term.The report...
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Cairn India raises estimate of oil reserves by 37%
Cairn India said on Tuesday that it is raising its estimates of the oil reserves in its Rajasthan fields by 37% and expects the peak output to be at 240,000 bpd (barrels per day).The company earlier...
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Vedanta-Cairn Deal Becomes a Controversy
Cairn PLC, which owns 62.36% in Cairn India, is reported to be in plans to sell 51% of its stake to Vedanta, under a deal worth $ 8.48 bn. The price offered under the deal is claimed to be of Rs. 355...
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Cairn India Ltd trust Indian government for pending issues
Cairn India Ltd spokesperson said that they trust Indian government and the company is in discussion with the petroleum ministry to resolve all outstanding issues that are significant for its...
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Cairn India-Vedanta deal to delay further
The Union oil minister of India, Mr. S. Jaipal Reddy has informed that the proposal of Cairn Energy PLC to sell the controlling stake in its local unit to Vedanta Resources PLC will be produced in...
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Oil Ministry to refer Cairn-Vedanta deal to Cabinet
According to S. Jaipal Reddy, the Union Oil Minster, the suggested oil assets agreement between Cairn India with Vedanta Resources, amounting to worth of around US$9.6 billion, might just arrive at the...
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Vedanta raises $1.65 bn to finance Cairn buy
Vedanta Resources promoted by Anil Agarwal announced on Friday that it will raise $1.65 billion (R 7,425 crore), through offering bonds for the acquisition of 40% stake in Cairn India. This bond issue...
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GoM sets stringent conditions for approving Cairn-Vedanta deal
Vedanta Resources Plc (VED) had purchased 18.5% stake in Cairn India Ltd.(CAIR) in April and is planning for obtaining approval to buy further 40% stake from U. K.-based Cairn Energy Plc. (CNE).read more
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Vedanta Stakes 10% Up in Cairn India
Vedanta resources is a London based mining group, which has succeeded in acquiring a 10% stake in Cairn India by purchasing Cairn Energy's Indian subsidiary for $1.5 billion. As per calculations the...
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Cairn India makes 26th oil discovery in Barmer basin
Cairn India, a subsidiary of Vedanta group, on Tuesday announced a new oil discovery in the Barmer basin of Rajasthan.The discovery made in the RJ-ON-90/1 block in Barmer basin is the company's 26th...
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Cairn India Makes Oil Discovery for 26th Time
On Tuesday, the 26th oil discovery has successfully been made by Cairn India in its prolific Rajasthan block.It is, reportedly, after the company was allowed to explore on block for oil, following the...
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Cairn India Propose Changes in Approvals for Oil fields in Rajasthan
It has been recently revealed that Cairn India has proposed six changes in the approvals of its oil fields that are in Rajasthan. It has been said that the change if gets approved then they can prove...
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Cairn India to consider share buy-back proposal
NRI billionaire Anil Agarwal-led Vedanta Group - the promoter of Cairn India Ltd - may soon increase its stake in the Indian energy firm.Cash-rich Cairn India has confirmed that its board members will...
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Cairn India to buyback shares worth $1 billion: report
Cairn India Ltd - the oil & gas arm of NRI billionaire Anil Agarwal-led Vedanta Group - will reportedly soon spend nearly $1 billion to buy back shares to increase its parent company's stake in the...
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