Jan 30, 2011

ONGC says Cairn needs its consent for going ahead with Vedanta



State-owned ONGC said on Sunday that UK’s Cairn energy needs the Indian exploration major’s consent for the proposed $9.6 billion majority stake sale in Cairn India to Vedanta Resources and that all disputes could be resolved through a trilateral talk involving ONGC, Cairn and the government.
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Source: Financial Express

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