June 30, 2011, 11:48 AM EDT
By Rakteem Katakey
June 30 (Bloomberg) -- India’s Cabinet approved Vedanta Resources Plc’s plan to take control of Cairn Energy Plc’s local unit with conditions that may limit the London-based copper producer’s gains from the purchase.
Vedanta and Cairn Energy must agree to allow royalty from the Rajasthan field operated by Cairn India Ltd. to be added to the project cost and recovered
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