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Essar Oil to raise Rs 3,000 crore via equity route

Power stocks led Friday’s rally; they have been rallying ever since the Prime Minister asked Coal India to sign fuel supply agreements with power producers by March 2011.

Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
India-based Essar Oil plans to raise Rs 3,000 crore in the next 12-15 months.
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