Vedanta group Cairn India

IT department sells $216 million of Vedanta shares

Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax authorities sold $216 million worth of its shares in the Indian mining company in a dispute over retrospective tax dues. Jul 10, 2018
Abdulla Yameen, President of the Maldives, greets Nawaz Sharif,

Amid stand-off with India, Maldives signs deal with Pakistan

In a fresh security challenge to India, the Maldives has signed an agreement with Pakistan in the energy sector. The country has been denying visas for Indians who are working on delayed construction projects that are being financed by India in the country. Jul 7, 2018