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Ticker Volume Price Price Delta
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Nasdaq 2,903.88 -0.80%
Dow 12,801.20 -0.69%
S&P 500 1,342.64 -0.69%
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India to Decide on Cairn Stake Sale Within Six Weeks, Standard Reports

By Pratik Parija -

India’s oil ministry has referred Vedanta Resources Plc’s proposal to buy a stake in Cairn India Ltd. to the market regulator, the Business Standard reported. The ministry will decide whether to endorse the investment in four to six weeks, the newspaper said, citing Petroleum Minister Murli Deora.

To contact the reporter on this story: Pratik Parija in New Delhi at pparija@bloomberg.net

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