Tuesday, May 06, 2008

Haldia Petrochemicals projects possible loss of Rs 140 crore in current fiscal

Haldia Petrochemicals Ltd (HPL) has projected a possible loss of Rs 140 crore in the current fiscal. A 5% import duty was proposed to be levied in India's Union Budget this year. HPL is India's only ppetrochemicals company that will be directly affected by the imposition of the levy.

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