Published On: Sat, Jan 18th, 2014
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A man walks in front of the Vedanta office building in Mumbai

A man walks past the Vedanta office building in Mumbai August 16, 2010. India-focused miner Vedanta Resources said it will acquire 51-60 percent of Cairn India for about $8.5-9.6 billion in cash to be funded via debt and cash resources, a move that would represent Vedanta’s first foray into oil and gas, and help Edinburgh-based Cairn Energy fund an expensive drilling programme in Greenland. REUTERS/Danish Siddiqui (INDIA – Tags: BUSINESS ENERGY)

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