Posco's mega steel plant in Orissa is inching forward with the Union Ministry of Environment and Forests clearing a proposal under which Posco will plant trees on an area equivalent in size to the forest land where the project is coming up.
Britain's traditionally anti-EU media have blamed Brussels for preventing London from taking greater steps to protect the industry.
The Posco India hostage crisis came to an end late on Friday night, with the Gobindpur villagers releasing the company executives they had taken captive earlier in the day, according to TV channels.
Indian tyre major CEAT will commission a Rs 350-million radial tyre plant at its Sri Lankan unit in July to cater to the local market.
The Orissa government's move to grant prospecting licence to South Korean steel major Posco for its proposed 12 million tonne steel plant in the state has hit a roadblock.
The latest results suggest Tata Steel Europe may have lost pricing power, though production and turnover are up.
Essar group is in talks with international bankers to raise about $5 billion (over Rs 20,000 crore) by leveraging its 33 per cent stake in Hutch-Essar, the country's fourth-largest mobile player in which UK's Vodafone recently acquired majority stake
The administration has made elaborate police arrangement to conduct land acquisition at the trouble-torn Gobindpur village from Tuesday even as the anti-Posco activists have formed a human chain on the outskirts of Gobindpur village to prevent the entry of officials.
Seventeen others were arrested for opposing the land acquisition process.
Reaching out to the states, Prime Minister Narendra Modi on Sunday said the Centre and states should work together as 'Team India' to solve national problems like they have worked to resolve issues like the Indo-Bangla Land Boundary Agreement.
The Congress will conduct a caste census in Madhya Pradesh after winning the assembly polls and establish a university in the name of Sant Ravidas, said party president Mallikarjun Kharge, accusing the regime at the Centre of wishing to change the Constitution.
Aiming to revive its loss-making long-product business in Europe, Tata Steel on Friday said it plans to invest 400 million over five years, shut or mothball parts of Scunthrope plant and slash 1,500 jobs in England.
Posco Pratirodh Sangram Samiti has re-erected barricades to block the entry into the site
The company said it had extended financial support to the UK business.
Tata Steel Ltd said on Wednesday it has signed joint venture agreement with Tata Power Co Ltd to set up captive power plants in Chhattisgarh, Orissa and Jharkhand.
With cases hitting a new peak in several parts of the country, the demand for medical oxygen has increased as it is a critical component in the treatment of COVID-19-affected patients.
Nihar Das Pattnaik, the company's manager, CSR, and three others -- Arun Mohapatra, Debasish Swain and Prasant Rout - had gone to Patana village to conduct a survey of households for inclusion in the CSR activities.
When the first phase of the Rs 52,000 crore (Rs 520 billion) steel plant of Posco-India, the Indian subsidiary of South Korean company Posco is completed by 2010 around 7,000 people would get direct employment.
A large number of passengers stranded at Rourkela railway station created a commotion on Wednesday morning.
The key demands include providing jobs to a member of each project affected family, changing the method of measurement of betel vines grown on the land and to now be uprooted, and raising compensation for homestead as well as agricultural land.
Eight police personnel were on Saturday taken hostage near Paradip in Orissa by a group of locals opposing the Rs 52,000 crore Posco steel plant.
The sad part is that it is corporate war that is exposing the chink within the system.
Orissa has said that the 43 steel firms in the state plan to generate 58,510 jobs by the time the projects go on stream.
A day after nabbing of a key accused in the clash at proposed Posco steel plant site near in Pradip, Communist Party of India leader and former member of Legislative Narayan Reddy was arrested in connection with the violence that claimed one life.
An ultra-violent film about violence, Kill's greatest accomplishment isn't its death count alone but to challenge our perception of violence, observes Sukanya Verma.
A jewellery designer has created rings with live plants growing inside them. Take a look!
The government has already decided to accord priority to fertiliser and power units for allocation of gas from the Krishna-Godavari basin. According to sources, the empowered group of ministers on gas, which met last week, has made it clear it will be able to provide additional gas to steel firms only after meeting the requirements of the power and fertiliser units. Among the steel majors, Essar, Ispat and Vikram Ispat have gas-based units.
South Korean steel major Posco on Friday said the proposed 12 million tonne steel plant in Orissa would result in an economic impact of Rs 12,33,208 crore
Taking advantage of the current boom in the steel sector, India's largest private steel manufacturer Tata Steel on Wednesday announced a whopping investment of up to Rs 25,000 crore (Rs 250 billion) over the next five years to become a 15 million ton
South Korean envoy described the Posco investment as the biggest FDI project in India.
A senior official of Tata Steel on Wednesday indicated that the steel major might provide a rehabilitation package for the 1,700 workers slated to lose their jobs due to the partial mothballing of its subsidiary, Corus' Teesside plant in Britain.
The total investment from these projects will be Rs 1,38,300 crore.
The Bharatiya Janata Party on Wednesday held the Orissa government responsible for the non-implementation of the Rs 51,000 crore (Rs 510 billion) Posco steel plant project.
The agreement, which will be reviewed at the end of five years, will boost profitability of the steel firms who had been buying expensive LNG or naphtha to meet feedstock shortage at their plants, a senior official said. The ministry of petroleum and natural gas had last week asked Reliance to sell natural gas to steel firms like Essar, Ispat and Vikarm Ispat to help the nation's most prolific gas field to produce at optimum level.
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