|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
Vedanta group chairman Anil Agarwal on Saturday made an unusual offer to the government. He said the petroleum ministry and the state-owned ONGC could take up a board position on his group's subsidiary Cairn India to expedite government approvals.
Agarwal's Vedanta Resources had in August 2011 announced buying out Edingurgh-based Cairn Energy Plc's majority stake in its Indian unit, but the government took more than a year to approve the $8.6-billion deal. Permission for further exploration in the Barmer block, too, took over a year.