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Activist Firm Questions Cairn India Loan Deal

  • 7:53
  • Published On: July 24, 2014
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Amit Tandon, MD of activist firm IIAS Solution, says Cairn India should have been more forthright about its $1.25 billion loan facility to parent group Vedanta Group. This is not something which is in normal course of business so it needed shareholders' approval, he adds.
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