|
Cairn ruling 'in the pipeline'
|
THE Indian government said it would decide within the next two
weeks whether Edinburgh-based Cairn Energy's local unit would be
allowed to recover the cost of laying a pipeline from its crude oil
sales.
Oil secretary MS Srinivasan said the issue had been considered by
a panel of top officials called the Empowered Group of Secretaries.
"The decision will come very shortly. In the next two weeks,"
Srinivasan said.
Cairn's recently spun-off Cairn India unit had offered to ...
Related newspaper, magazine, and journal articles from HighBeam Research
|
|
Indian government urged to start on Cairn pipeline
Evening News - Scotland
; THE International Finance Corporation (IFC) has urged the Indian government to speed up the construction of a 580km pipeline necessary to the overall success of the Cairn India oil project. Cairn India, a subsidiary of Edinburgh oil and gas explorer Cairn Energy, has been locked in talks with the
|
|
Cairn India says offer is on trackBUSINESS ASIA by Bloomberg
International Herald Tribune
; Manash Goswami International Herald Tribune 12-11-2006 Cairn India said that objections raised by a state-run company against Cairn's initial share sale document would not delay the planned start Monday on receiving bids worth as much as $2.2 billion''We're ready to roll on Monday Rahul Dhir, chief
|
|
GBP 10m gives Cairn India Green light
Scotland on Sunday
; THE World Bank is paying around GBP 10m for a stake in Cairn India, the Scottish oil and gas explorer's majority-owned Indian operation. International Finance Corporation, the World Bank's private investment arm, has bought seven million shares, or just under 1 per cent, of Cairn India in a move
|
|
|
Investor doubts keep Cairn India price low
Evening News - Scotland
; CAIRN Energy says it has priced the initial public offering of its Cairn India arm at a bottom end price which will raise around GBP 600 million - following lukewarm investor response amid concerns over valuation and how it plans to transport its oil. The city-based oil explorer's Indian arm has
|
 "Press and Journal, The Aberdeen (UK)")
|
Cairn India to float at pounds1.84 a share
Press and Journal, The Aberdeen (UK)
; Scottish oil firm Cairn Energy has announced the pricing for the flotation of its Indian business, Cairn India, on the Bombay Stock Exchange and National Stock Exchange of India. An offer price of pounds1.84 per Cairn India share has been set. This implies a Cairn India market capitalisation -
|
