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Why regulatory approval to Cairn-Vedanta deal taking so long?

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  • Published On: April 06, 2011
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After a month of going back and forth on giving its approval to the Cairn-Vedanta deal, the cabinet has passed the decision to a group of ministers. But why is the regulatory approval taking so long and what message does it sends about making big investments in India? R S Sharma, former CMD of ONGC and senior lawyer Hemant Sahai, share their views over this.
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