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MRPL suffers Rs 600 cr loss, expansion hit due to land dispute
Posted: July 20th, 2010, 7:18am EDT
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Mangalore Refinery and Petrochemicals said its expansion programme has got stuck due to a land dispute with a local farmer in Mangalore resulting in a loss of Rs 600 crore. -
NRL's initiates Rs 700 crore wax project
Posted: July 11th, 2010, 6:30am EDT
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Numaligarh Refinery Limited has initiated a Rs 700 crore project for production of paraffin wax and microcrystalline wax to bridge the domestic shortfall. -
MRPL renews 3-yr fuel supply pact with Mauritius
Posted: July 1st, 2010, 3:29am EDT
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Mangalore Refinery and Petrochemicals Ltd on Thursday renewed a deal with Mauritius to supply fuel to the island nation for three years starting from August, the Indian company said in a statement on Wednesday. -
RIL naphtha sells lower to Glencore
Posted: July 1st, 2010, 2:15am EDT
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Reliance sold 50,000 tonnes of naphtha for end July loading to Glencore at around $7.00 a tonne above Middle East quotes on a free-on-board (FOB) basis. -
RIL mulls USD 9-bn investment in polyester, petrochem biz
Posted: June 18th, 2010, 11:40am EDT
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RIL said that it has lined-up USD 9-billion investment for expanding its polyester and petrochemicals businesses. -
Andrew Yule may defer its Tide Water Oil stake sale plan
Posted: April 14th, 2010, 4:55pm EDT
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Andrew Yule & Co (AYCL) is likely to put on hold its plans to sell a 26.22% stake in Tide Water Oil. -
IOC, allies line up Rs 900 cr for synthetic rubber plant
Posted: April 5th, 2010, 5:19pm EDT
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Indian Oil Corp (IOC) and its partners Marubeni Corp and Taiwan?s TSRC Corp will invest Rs 900 crore in setting up a unit to manufacture synthetic rubber for tyres. -
Lyondell charts out recast plan after rejecting Reliance bid
Posted: March 8th, 2010, 3:17pm EST
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LyondellBasell outlined a restructuring plan that it said was a better option than a $14.5-billion bid from RIL. -
Reliance ups LyondellBasell bid: Source
Posted: February 22nd, 2010, 2:33pm EST
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RIL has raised its bid for bankrupt chemicals maker LyondellBasell to an offer which values the company at $14.5 bn. Check out top gainers, losers & recommendations
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RIL needs to put atleast $15 bn to stay in the race for LyondellBasell
Posted: February 17th, 2010, 6:07pm EST
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Reliance Industries would need to put in atleast $15 billion or even more, if it wants to remain in the race for LyondellBasell. RIL's LyondellBasell bid | Top 5 picks of the day