Cairn sells off major stakes in Cairn India

Oil and Gas company Cairn has sold a further 30% stake in Cairn India. The company sold the stake for $4.1 billion, of which $3.5 billion is set to go into the pockets of its shareholders. Since July 40% of Cairn India has been sold to Indian company Vedanta. Simon Thomson, Chief Executive, Cairn Energy […]