October 15, 2025

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Cairn India hits record high on BSE amid stake sale talks

Topnewsplus15 years ago03 mins

MUMBAI: Shares of Cairn India Ltd on Friday climbed over 5 per cent to hit a record high of Rs 358 on the BSE amid reports that Vedanta Resources is in talks to buy a majority stake in the subsidiary of UK-based Cairn Energy. The scrip, which was flat for most of the session, shot…

Vedanta plunges 5.59 per cent on LSE amid talks to buy Cairn stake

Topnewsplus15 years ago03 mins

LONDON/MUMBAI: Shares of NRI billionaire Anil Agarwal-led Vedanta Resources on Friday plunged 5.59 per cent on the London Stock Exchange amid talk that it may acquire a majority stake in the Indian arm of Cairn Energy. In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on…