Share Market News: Vedanta-Cairn deal

• Vedanta Resources Plc, controlled by billionaire Anil Agarwal, is in advanced talks to buy a controlling stake in Cairn Energy Plc's Indian oil-exploration unit.

• Exide Industries buys out remaining 49 pct in Leadage.

• The UK-based Cairn Energy said it will sell 51 per cent stake in its Indian unit to mining firm Vedanta Resources Plc for USD 8.48 billion.

• Jaihind Projects gets order worth 100.7 mln rupees.

• India's Suzlon Energy June qtr net widens.

• Marico unit buys South African health brand.

• The rupee edged lower on Monday tracking mostly weak regional peers and early losses in domestic shares but the dollar's moves versus majors would be crucial for direction during the day.

• Indian bond yields end tad down on low inflation hope.

• The benchmark inflation is still high and is not acceptable, Montek Singh Ahluwalia, the deputy chairman of the Planning Commission, said on Monday.

• The benchmark inflation is still high and is not acceptable, Montek Singh Ahluwalia, the deputy chairman of the Planning Commission, said on Monday.

• China, whose $2.45 trillion in foreign-exchange reserves are the world's largest, is turning bullish on Europe and Japan at the expense of the U.S.

• Gold, trading at a six-week high, may gain as signs that the global economy is faltering increase demand for the metal as a protection of wealth.

• The yen and the Swiss franc rose against all of their major counterparts as signs the global economic recovery is faltering increased demand for assets perceived as a haven.

• Crude oil rebounded in New York as the dollar weakened against the euro.