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Cairn-Vedanta deal still in limbo

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  • Published On: February 01, 2011
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The wait for Anil Agarwal's Vedanta Resources for buying out UK based Cairn Energy's Indian subsidiary Cairn India, may have become little longer. A day after the expiry of the deadline set by the Prime Minister's Office, the Oil Ministry has said it cannot decide on giving approval to Vedanta- Cairn India deal within the fixed timeframe.
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