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Haldia Petro networth erodes by 50%

Last Updated: Friday, November 22, 2013, 21:34

After a board meeting and EGM of Haldia Petrochemicals Ltd (HPL) here, Chatterjee said that every step would be taken to prevent the company from going to the Board for Industrial and Financial Reconstruction (BIFR).

Bengal govt may get Rs 1,688 cr from HPL at Rs 25 per share

Last Updated: Tuesday, October 15, 2013, 15:44

The West Bengal government may garner about Rs 1,688 crore for offloading its 39.9 percent stake in the ailing Haldia Petrochemicals Ltd (HPL) as Indian Oil Corporation has offered a bid price of Rs 25 per share, sources said.

WB govt accepts IOC bid for Haldia Petro stake

Last Updated: Thursday, October 10, 2013, 18:39

The West Bengal government Thursday said the sole bid of state-owned Indian Oil Corporation for WBIDC's 39.9 percent stake in troubled Haldia Petrochemicals Ltd (HPL) has been accepted.

IOC peeved at West Bengal govt's move on HPL

Last Updated: Tuesday, October 8, 2013, 16:30

"The situation is completely uncertain and the West Bengal government has defaulted on its part," a senior Delhi-based IOC official said.

Indian Oil is sole bidder for Haldia Petrochemicals

Last Updated: Monday, October 7, 2013, 17:09

In a surprise move, state-owned Indian Oil Corp (IOC) today emerged as the sole bidder for the West Bengal government's stake in Haldia Petrochemicals Ltd (HPL), with an offer of less than Rs 3,000 crore.

HPL financial bidding on Monday

Last Updated: Saturday, October 5, 2013, 14:32

The much-awaited sale of West Bengal government's stake in troubled Haldia Petrochemicals Limited (HPL) would take place on Monday.

RIL, IOC, GAIL-OIL to bid for HPL stake on Oct 7

Last Updated: Thursday, October 3, 2013, 17:12

Reliance Industries, Indian Oil Corp (IOC) and GAIL-OIL combine are likely to bid for buying West Bengal government's 31 percent stake in the beleagured Haldia Petrochemicals Ltd (HPL) on October 7.

Govt clears 2.19 lakh crore IT investment region in Andhra

Last Updated: Friday, September 20, 2013, 15:28

The government on Friday approved the proposal to set up an Information Technology Investment Region (ITIR) near Hyderabad which envisages spending of about Rs 2.19 lakh crore and generation of nearly 15 lakh direct jobs.

CPI-M loses power in Haldia Municipality

Last Updated: Friday, September 20, 2013, 15:19

In a setback to CPI-M, majority of councillors of Haldia Municipality in east Midnapore district on Friday supported Trinamool Congress sponsored no-confidence motion against Haldia Municipality chairperson Tamalika Panda Seth of CPI-M.

Prospective bidders visit virtual data room for HPL

Last Updated: Sunday, July 14, 2013, 16:29

The six prospective bidders, who had evinced interest in buying out West Bengal government's stake in Haldia Petrochemicals Ltd (HPL), have visited the virtual data room of the company.

HPL disinvestment to be completed in time: Partha

Last Updated: Tuesday, June 4, 2013, 20:24

The West Bengal government, through its investment arm WBIDC, gave public notification inviting expressions of interest (EoI) from parties to buy out its stake in HPL.

ONGC to examine HPL stake offer from Bengal govt

Last Updated: Friday, May 17, 2013, 16:24

Oil and Natural Gas Corporation (ONGC) on Friday said it would examine the commercial viability of Haldia Petrochemicals before deciding on participating in bidding for the shares on offer by the West Bengal government.