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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......

Lenders bolster HPL's Basell bid

The lenders of Haldia Petrochemicals Ltd have agreed to chip in Rs 1,500 crore (Rs 15 billion) for The Chatterjee Group's $5.7 billion acquisition plan of the Dutch major, Basell Polyolefins. HPL......

Tatas HPL exit after debt recast

The sale of stake held by Tata companies in Haldia Petrochemicals Ltd will take place only after the corporate debt restructuring is completed.PSU major GAIL India, which has shown interest in......

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......

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......

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