Cairn-Vedanta merger to go ahead if asset value is set aside in escrow account

摘要

Anil Agarwal's plan to merge subsidiary Cairn India with flagship firm Vedanta Ltd, which recently hit a roadblock after the government expressed apprehensions about the proposed merger, may finally see the light of the day.Following a dispute, the income tax department froze shares held by Cairn Energy in Cairn India in 2014.