Cairn India dips after Vedanta deal announcement | business | Hindustan Times
Today in New Delhi, India
Aug 20, 2017-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Cairn India dips after Vedanta deal announcement

Shares in Cairn India turned negative after Vedanta Resources said it will acquire 51 percent to 60 percent in the Indian unit of Cairn Energy.

business Updated: Aug 16, 2010 12:25 IST

Shares in Cairn India turned negative after Vedanta Resources said it will acquire 51 percent to 60 percent in the Indian unit of Cairn Energy.

At 11:41 am, Cairn India dropped 1.3 percent at 351 rupees. It had been up as much as 3.5 percent earlier.

The main stock index was up 0.1 percent.