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Sensex ends up 153pts
After an initial slide, the Sensex turned volatile on the back of mixed cues from the Asian markets. The index gained strength and touched a high of 16,910 - up 243 points from the day"s low of 16,667. generic levitra

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Key Levels: More upside above 15,350
The markets are likely to open on a positive note owing to strong cues from the global markets. Reliance is likely to be in focus today ahead of its Q1 numbers.

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M J Antony: Catching up with science
M J Antony / New Delhi June 3, 2009, 0:51 IST
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Oman Oil picks up 26% stake in BPCL refinery project

Oman Oil Company has paid a premium to pick 26 per cent stake in Bharat Petroleum Corporation"s under construction Bina Refinery Project in Madhya Pradesh. - Oman Oil pays 50% premium to up stake in Bina Refinery - Oman Oil pays 50% premium to up stake in Bina Refinery - Markets continue to trade firm - BPCL, Videocon-led consortium finds more oil in Brazil - IOC losing Rs 92 cr daily on fuel sales - Jaihind Projects bag Rs 14 cr pipeline contract from BPCL "Oman Oil Company has paid Rs 15 for a share of Rs 10 for the stake," a source close to the development said. Oman Oil Company, which had previously paid Rs 75 crore as equity in the Rs 11,397 crore project, will pay an additional Rs 1,220 crore, the source said. BPCL will hold 50 per cent stake in the project that is scheduled to be commissioned in early 2010. For the remaining, Bharat Oman Refineries, the company implementing the project, would do an initial public offering, the date of which has not yet been decided.


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