The impasse over induction of Indian Oil Corporation (IOC) into Haldia Petrochemical Ltd (HPL) appeared to be heading for a resolution receding with the chairman of the navaratna PSU publicly reiterating its interest in the petrochemical company.
The chairman and managing director of IOC, M S Ramachandran, who was in Kolkata on Wednesday, met West Bengal chief minister Buddhadeb Bhattacharya and state industry minister Nirupam Sen and clarified IOC
