Once a defunct co, HPL now aims to regain glory under Purnendu ChatterjeeBacked by state government, the petrochem company's largest shareholder Purnendu Chatterjee got his life back and now eyes its turnaround w...
Share transfer of HPL to TCG a complex transaction: WBIDC"The share sale agreement with TCG is a complex negotiation and a complex transaction as lenders are involved", an official of WBIDC said.
HPL shutdown paves way for other petrochemical majors to tap polymer market in eastShutdown of HPL has paved the way for other giants in the sector to tap polymer market in the eastern region held by the region's petro maj...
Haldia Petrochemicals shutdown spells doom for downstream sector: IPFThe month-long shutdown of HPL has cast a shadow on the future of numerous downstream plastic units in WB, the Indian Plastics Federation s...
RIL, IOC, GAIL-OIL to bid for HPL stake on October 7Reliance Industries, IOC and GAIL-OIL combine are likely to bid for buying West Bengal government's 31 per cent stake in the beleagured HPL.
Haldia Petrochemicals set to get Rs 100 cr on May 23, HPL stake sale on trackThe West Bengal government today said that it would give Rs 100 crore to ailing Haldia Petrochemicals (HPL) for creating confidence among b...
HPL share sale process stalled for the time being: MinisterWest Bengal government has stalled the process of selling its stake in Haldia Petrochemicals Ltd (HPL) for the time being due to various re...
- HC rejects interim injunction on HPL share-transfer plan
It turned out to be a double blow to The Chatterjee Group (TCG) supreme Purnendu Chatterjee, one of the principal promoters of Haldia Petro...
- Partha Chatterjee holding 'office of profit' as chairman of HPL, says BJP
The BJP has written a letter to the CEC complaining about West Bengal industry minister Partha Chatterjee who has become the chairman of th...
- HPL promoters should find a solution to dispute: Jamshyd N Godrej
HPL needs to find a solution to the ongoing shareholding dispute among its promoters Jamshyd N Godrej said here today.
- Haldia Petro in talks to rejig debt repayment
Haldia Petrochemicals Ltd (HPL), which has a debt burden of 2,500 crore in its books, has sought a one-year moratorium on loan repayment fr...
- HPL gets relief on loan repayment
After reviewing the financial performance of Haldia Petrochemicals (HPL), the corporate debt-restructuring (CDR) cell, led by IDBI has allo...
- HPL asks banks again for Rs 850-cr loan
Haldia Petrochemicals Ltd (HPL) has approached leading banks in the country, including SBI, Punjab National Bank and United Bank of India (...
- HPL may buy out L&T in power JV
Haldia Petrochemicals Ltd is tipped to fork out Rs 150-200 crore to buy out L&T's majority stake in an all-cash deal.
- HPL board eyes share issue to FIs
Issuance of shares to the financial institutions is due to conversion of loans into equity, which forms a part of the debt restructuring pa...
- HPL to invest Rs 800 cr by 2008
Haldia Petrochemicals Ltd (HPL) would invest Rs 800 crore by March 2008 for revamping its existing plant and ramp up capacity by about 28 p...
- IOC keen on management control of HPL
Indian Oil Corporation (IOC) is set to formalise plans for Haldia Petrochenmicals Ltd (HPL) within the next seven to ten days.