Friday, November 30, 2007

Mismanagement charges made by Haldia's own board members

Haldia Petrochemicals Ltd's (HPL) reputation is being ripped apart on charges of mismanagement made by its own board members.HPL's vice chairman Purnendu Chatterjee, in a 'privileged and confidential' letter, has revealed mismanagement that may result in a Rs 1,273 crore loss to the company.

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