Cairn India Ltd (CAIL.NS)
SINGAPORE, Nov 1 (Reuters Breakingviews) - The spat at Tata is sending out the wrong message about corporate governance in India. Cyrus Mistry, the ousted chairman of the family holding company, has publicly criticized the continuing influence of his predecessor, Ratan Tata, and how the wider group is managed. The episode has cast a pall over the $100 billion cars-to-steel conglomerate that investors believed embodied the highest standards, and obscures broad improvements.
* Cairn India Ltd - consol sept quarter net profit 7.79 billion rupees
Oct 10 Diversified miner Vedanta Resources Plc said it expects production at its Indian zinc unit to be significantly higher in the second half of the financial year ending March 31, 2017 compared with the first half.
* Cairn India says Q2 average gross production across assets was stable at 196,399 boepd
Diversified mining and energy group Vedanta Resources Plc appointed Arun Kumar, deputy chief financial officer, as its CFO.
Sept 30 Diversified mining and energy group Vedanta Resources Plc appointed Arun Kumar, deputy chief financial officer, as its CFO.
** Mining and energy group Vedanta Ltd rises as much as 3.6 pct at 180.80 rupees; Oil producer Cairn India Ltd gains as much as 2.9 pct at 208.95 rupees
* Resolution put to shareholders in relation to proposed merger of Vedanta Ltd and Cairn India Ltd was duly passed on a poll Source text for Eikon: Further company coverage:
Indian shares fell on Monday as state-owned lenders retreated after Urjit Patel was named as the next central bank governor, which was seen as reducing the prospect of rate cuts in the near term and as continuing a push to aggressively clean up bad debt.
* Nifty Bank index down 0.61 pct, PSU Bank Index down 0.8 pct