West Bengal government may invite joint bidding by Indian Oil Corporation and Oil & Natural Gas Corporation (ONGC) for selling its about 40 per cent stake in Haldia Petrochemicals (HPL). It is learnt that besides IOC, and ONGC, RIL, Cairn India, and GAIL are also eyeing the stake. The state government rejected Reliance IndustriesÂ’ (RIL) plea for an open auction for stake sale as it already announced it woul
FlashNews:
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Tag: HPL
ONGC to take a call on stake buy in HPL
Oil and Natural Gas Corp (ONGC) will decide whether to bid for the West Bengal government's 40 per cent stake in Haldia Petrochemicals (HPL) It may be recalled that the state government invited expressions of interest (EoIs) through West Bengal Industrial Development Corporation for selling its stake in
TCG asserts right over shares of state govt in HPL
West Bengal government's plan to offload its 39.99 per cent stake in Haldia Petrochemical (HPL) suffered setback with the group companies of The Chatterjee Group (TCG), claiming part of the stake sale. TCG, holds stake in HPL through its group firms Chatterjee Petrochem (Maurtius) Company and Chatterjee Petrochem (India
IOC seeks clarity before raising stake in HPL
Indian Oil Corporation (IOC), which holds nearly nine per cent stake in Haldia Petrochemicals (HPL), would decide on raising its stake once clarity emerges, RS Butola, Chairman of IOC informed. The firm is expecting clarity on the first right of refusal by another promoter, The Chatterjee Group (TCG), on the stake
IOC seeks clarity before raising stake in HPL
Indian Oil Corporation (IOC), which holds nearly nine per cent stake in Haldia Petrochemicals (HPL), would decide on raising its stake once clarity emerges, RS Butola, Chairman of IOC informed. The firm is expecting clarity on the first right of refusal by another promoter, The Chatterjee Group (TCG), on the stake