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Cairn India drives Vedanta profits

A strong first-half showing from Vedanta Resources (VED) primarily reflects the contribution of the group's oil and gas segment in the wake of last year's Cairn India deal. More importantly, the India-focussed group confirmed that it is still on track to complete the much needed rationalisation of its corporate structure, although full-year expectations will be held in check by "tapering global growth".

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