HPL shares

Calcutta, Dec. 18: The Bengal government is keen on completing the transfer of its shares in Haldia Petrochemicals Ltd (HPL), which is facing a funds crunch, before March 31 next year, industry minister Partha Chatterjee said today.

Cement penalty

New Delhi, Dec. 18: The commerce ministry will take up with the Competition Commission of India (CCI) the issue of cement companies “getting penalised” for idle excess capacity, minister of state for commerce S. Jagathrakshakan said.

Black money

Washington, Dec. 18: India lost $123 billion in black money during 2001-2010, making it the eight largest victim of illicit financial outflow, US-based Global Financial Integrity said.