Multiple choice

The management control of Haldia Petrochemicals Ltd will be given to which of the following company?

  1. The Tatas

  2. The Reliance Petroleum Ltd

  3. The IOC

  4. The Chatterjee Soros Group
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Haldia Petrochemicals Limited (HPL) was a joint venture where management control was eventually secured by The Chatterjee Group (TCG), led by Purnendu Chatterjee. This followed years of legal and administrative disputes with the West Bengal government.

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