Mukesh Ambani

6.1. CAIRN-VEDANTA DEAL I n August 2010 Vedanta Resources Plc (“Vedanta”), a company listed on the London Stock Exchange, announced it proposal to purchase 51% controlling stake in Cairn India (“Cairn India”), for a consideration of (reportedly) USD 9.6 billion. Cairn India is a subsidiary of Cairn Energy Plc, a listed entity in the United Kingdom, a leading player in the Indian oil and gas industry. The deal was structured to include a non-compete fee into the price of the shares of the…

Title of Work – BEHIND THE BEAUTIFUL FOREVERS by Boo, Katherine. Genre – Narrative, Non-fiction Behind the Beautiful Forevers: Life, Death, and Hope in a Mumbai Undercity a narrative, non-fiction written by The Pulitzer Prize Winner - Katherine Boo. This book was published in the year 2012 and captured the lives of people in a Mumbai slum – Annawadi from 2007 to 2011. The slum was settled in 1991 by laborers brought from southern Indian state Tamil Nadu to repair a runway at the international…