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

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

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 … Read more