Cairn India To Place Equity With IFC For Rs 200 Crore

Fri, 09/29/2006 - 16:26 — Sahad P V

Cairn India Ltd, the wholly-owned subsidiary of British oil and gas hunting and production firm Cairn Energy Plc, may go in for a pre-IPO placement with the International Finance Corporation. The stake sale is expected to fetch close to Rs 200 crore ($44.4 million). Cairn India