Govt to decide on Cairn-Vedanta deal by Feb-end: Oil Secretary

The government will decide on giving approval to the $9.6 billion Cairn-Vedanta deal by February-end, Oil Secretary S. Sundareshan has said on Monday.
"I had earlier given a timeline of December-end (for deciding on giving approval to Vedanta Resources, buying majority stake in Cairn India) on the presumption that it will take 2-3 months to process (the case) from the date we get all applications.
“But given that we have got the application (seeking approval) only last week, we will certainly be able to decide on the case by February-end,” he said here.
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Source:  The Hindu