Q.
Cairn India is the fastest growing energy company in India-----news. Do you agree or disagree with this? Why?
Asked by Good Citizen,
24 Oct '12 03:16 pm
Earn 10 points for answering
Answers (6)
1.
Yes, i agree with this as they are one of the fastest growing companies in the energy sector & even after government policies not being that favourable for them they have managed to be so. Its due to the excellence of their management & strong decision making which has helped them achieve this!!
Answered by dharamender nebhnani, 06 Nov '12 10:58 am
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
2.
The way their profit margins are going up, definitely it looks like they are going to see even more greener days. They are working relentlessly on the Rajasthan fields and I believe if the productions can be put on stream and if they get more discoveries, they will grow at a good pace. Unlike ONGC, they are not subject to bureaucratic meddling atleast when it comes to operational decisions even though they have to suffer the same fate as others when it comes to clearances from the Oil Ministry, which is only interested in turf battles, atleast till now when our energy needs are of greatest importance. Hopefully with faster decisions and a pro-active Ministry, they will take up the issue of increasing our output and speed up the exploration part in which case Cairns will definitely benefit.
Answered by Omega, 30 Oct '12 09:56 pm
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
3.
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
4.
Disagree, Plan to sell its share at high price by saying or proving so.
Answered by ajay, 24 Oct '12 03:20 pm
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
5.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
6.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received