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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.
Updated on: Aug 16, 2010, 12:25:02 IST
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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.
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