Cairn extends loan repayment by parent firm

Update: 2016-05-13 22:41 GMT
Cairn India Ltd on Thursday said it has extended by two years the repayment of a controversial $1.25 billion loan it had extended to its parent group firm. 

The extension follows delay in merger of Cairn India with its parent Vedanta Ltd that would have led to the $1.25 billion loan being 
written off.

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