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HPL disinvestment becoming uncertain, says Indian Oil

State-run Indian Oil Corporation on Sunday said the disinvestment process of Haldia Petrochemicals Limited has become totally uncertain. "We had submitted the bid on October 7 to WBIDC and so far......

IOC seeks refund of HPL earnest bid money

 Indian Oil Corporation, sole bidder for stake in Haldia Petrochemicals Limited, has sought the release of their earnest bid money, indicating withdrawal from the sale process. "We have......

Purnendu Chatterjee might head HPL

To resolve the long battle over Haldia Petrochemicals Ltd, the West Bengal government, a principal promoter of HPL, is planning to offer the post of chairman to The Chatterjee Group chief Purnendu......

HPL asks SBI for credit help

Haldia Petrochemicals Ltd, in a desperate bid to raise at least Rs 1,000 crore (Rs 10 billion) for working capital, is knocking at the doors of State Bank of India, the country's largest lender, to......

RIL, ONGC among six in race for Bengal govt's HPL stake

Despite mounting losses and a protracted legal fight at Haldia Petrochemicals Ltd, six major companies, including Reliance Industries Ltd and state-run Oil and Natural Gas Corporation Ltd, have......

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