Cairn said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.

The company, which is sitting on a cash pile of about $3 billion, in a filing to the stock exchanges said \"a meeting of the Board of Directors of the company will be held on November 26, to consider the proposal for buy back of equity shares of the company.\"

A weak rupee and volatile capital markets offer little hope of a turnaround any time soon. The asset sales will release the funds as well as management bandwidth for corporate houses to focus on their main businesses.

With buyers showing little enthusiasm, the market for renewable energy certificates (REC) in the non-solar energy segment appears to have tanked.

Vedanta Resources chairman Anil Agarwal spoke to Chaitanya Kalbag and Suman Layak over almost an hour about his dreams, his plans for the company as well as the problems he faces.

B.S. Nagesh, Founder, TRRAIN and Vice Chairman, Shoppers Stop says when the slowdown actually hits, most reactions are knee-jerk, and we start seeking advice from everyone other than our truly loyal customers.

The monsoon's worst start in three years is threatening crops from rice to sugarcane.

Anil Agarwal-led Vedanta Group is expected to announce its much-hyped restructuring on Saturday under which Sterlite Industries might be made the holding company to control India operations.

British oil firm Cairn Energy Plc on Thursday said it has completed the sale of a controlling stake in its Indian unit to mining giant Vedanta after protracted wrangling over royalty payments.

State-owned Oil and Natural Gas Corp (ONGC) has given a no-objection certificate to British oil firm Cairn Energy's sale of a majority stake in its Indian unit to Vedanta Resources, paving the way for conclusion of the $8.71 billion deal in the next few days.

A meltdown in the stock market , which continued for third consecutive day on Friday, has wiped off over Rs 2.5 lakh crore from investors' wealth, as shares of even large industrial groups came under pressure.

The trigger point for open offer has been increased from 15 per cent level to 25 per cent. And the open offer size, after the 25 per cent trigger is hit, has been enhanced from the current 20 per cent to 26 per cent.

We  analysed the accounts of BSE 500 companies and came up with startling results. Here's what you need to know as an investor.

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The Maoist movement's inroads into some 223 districts in 20 states — at last count—have the potential to not just stall big-ticket investments but also derail the great Indian growth story.

Shareholder activism has been an unheard of phenomenon in India, until a clutch of Indian promoters gave investors a chance to flex their muscle in 2008.

The global credit crunch has sent yesterday’s outbound heroes scurrying for funds to close their billion-dollar M&A transactions. India Inc.’s cross-border action has ebbed, for now.

The Tatas aren’t the only one. Reliance, ArcelorMittal, Vedanta, POSCO... some of India’s, and the world’s, biggest companies are grappling with problems in land acquisition. Suman Layak and Kushan Mitra report.