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MRPL posts Q3 net loss on falling crude
New Delhi: Mangalore Refinery and Petrochemicals Ltd on Tuesday reported a quarterly net loss, versus profits a year ago, as a sharp decline in global crude prices forced it to sell products more cheaply. Slideshow of the day: Eye-catching i20! The state-run firm said it posted a net loss of Rs 285 crore ($51 million) for its fiscal third quarter ended December, against a net profit of Rs 347 crore

MRPL not affected by strike

The operations at Mangalore Refinery and Petrochemicals Ltd (MRPL) have not been affected in spite of the strike call given by the Oil Sector Officers’ Association.

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HPCL keen on increasing stake in MRPL

Hindustan Petroleum Corporation (HPCL) is keen on substantially increasing its stake in Mangalore Refinery and Petrochemicals (MRPL) from the present level of 16.97 per cent.

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MRPL, Iran in talks to renew diesel deal

Mangalore Refineries and Petrochemicals Ltd is in talks with Iran to renew its diesel supply agreement, which is valid up to end-December, two company sources familiar with the talks said on Monday.

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Scrip in focus: MRPL
We recommend a buy in Mangalore Refinery and Petrochemicals (MRPL) from a short-term trading perspective.

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MRPL refinery project delayed
Mangalore Refinery & Petrochemicals Ltd said on Thursday the mechanical completion of the third phase of an increase in refinery capacity will be delayed to October 2011 from June 2010

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