Announcement

Thursday, February 17, 2011

Decision on Cairn and Vedanta deal in 3 weeks

BS reported that government will take at least another 2 to 3 weeks to take a decision on the USD 9.6 billion Cairn Vedanta deal and it supports ONGC in its dispute with the British explorer over royalty obligations, the oil minister said, prolonging the drama surrounding the controversial

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