"The share sale agreement with TCG is a complex negotiation and a complex transaction as lenders are involved", an official of WBIDC said.

Under the deal, Essex Development Investments (Mauritius) Ltd would acquire 15.4% stake in HPL from West Bengal Industrial Development Corp...

Shutdown 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...

The state government had earlier decided to sell its 39.99 per cent shareholding in HPL through an auction.

The West Bengal government accepted Indian Oil Corporation's financial bid for Haldia Petrochemicals, industry minister Partha Chatterjee s...

Reliance Industries, IOC and GAIL-OIL combine are likely to bid for buying West Bengal government's 31 per cent stake in the beleagured HPL.

The West Bengal government today said it would select the final bidder for stake sale in Haldia Petrochemicals Ltd (HPL) by September 30.

Reliance Industries, Indian Oil Corp and Cairn India are among six firms that may submit price bids early next month to buy stakes in HPL.

State Bank of India, one of the lenders to ailing Haldia Petrochemicals Ltd, has been accorded a board position in the company, West Bengal...

HPL India Ltd, today said it has achieved a turnover of Rs 1,200 crore last year and expects to touch Rs 1,500 crore in the next three years

The Calcutta HC has dismissed Purnendu Chatterjee’s move to take up the HPL share transfer issue to the International Court of Arbitration.

It turned out to be a double blow to The Chatterjee Group (TCG) supreme Purnendu Chatterjee, one of the principal promoters of Haldia Petro...

The Calcutta High Court refused to pass an interim stay on any proposal for transfer of shares of Haldia Petrochemicals Ltd (HPL) to Indian...

In a new turn of events, Haldia Petrochemicals Limited Managing Director Partha Bhattacharya today resigned citing 'personal reasons'.

Haldia Petrochemicals Ltd (HPL) has approached leading banks in the country, including SBI, Punjab National Bank and United Bank of India (...

With India having superior quality products, China is no threat in the field of electrical goods including Compact Fluorescent Lamps (CFL),...

Issuance of shares to the financial institutions is due to conversion of loans into equity, which forms a part of the debt restructuring pa...