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IOC says Bengal's silence on HPL 'surprising'

Last Updated: Sunday, March 23, 2014, 12:35

The executive said that although IOC had close to nine percent stake in HPL at present, the oil PSU had been eyeing a berth on HPL's board for long.

Will wait till March-end to take a call on HPL: IOC

Last Updated: Sunday, March 02, 2014, 13:18

Indian Oil Corporation (IOC), which had made a bid to buy out West Bengal government's stake in ailing Haldia Petrochemicals Limited (HPL), would wait till March 31 before taking a call on the matter.

HPL disinvestment becoming uncertain, says IOC

Last Updated: Sunday, January 19, 2014, 14:49

State-run Indian Oil Corporation (IOC) Sunday said the disinvestment process of Haldia Petrochemicals Limited (HPL) has become totally uncertain.

IOC seeks refund of HPL earnest bid money

Last Updated: Wednesday, January 15, 2014, 11:21

Indian Oil Corporation (IOC), the sole bidder for stake in Haldia Petrochemicals Ltd (HPL), has sought the release of their earnest bid money, indicating withdrawal from the sale process.

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.

IOC peeved at West Bengal govt's move on HPL

Last Updated: Tuesday, October 08, 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 07, 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 05, 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 03, 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.

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 04, 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.