Bengaluru: In a major setback to the state government Posco – a subsidiary of South Korean steel giant, the Pohang Steel Company Limited – on Tuesday decided to scrap its proposed 6 MTPA (million ton

Paradip (Odisha): With Odisha government allegedly using force during the last phase of land acquisition for Posco's mega steel project near here, residents of the proposed plant site villages, mainl

South Korean steel major POSCO may kick off work on its initial 8 million tonne per annum (MTPA) project near Paradip in Odisha by October if the state government transfers 2,700 acres of land to i

South Korea's Posco, the world's third largest steelmaker by output, said on Friday first-quarter net profit dropped 42 per cent year-on-year due to price cuts and higher raw material costs.

Net pro

Even as ruling BJD leaders in Odisha smelt a 'conspiracy' behind the suspension of environmental clearance to Posco's propose mega steel plant, Union Commerce and Industries Minister Anand Sharma h

The environment clearance granted to Posco's mega steel project in Orissa in January 2011 will remain suspended till the environment ministry reviews it afresh, the National Green Tribunal held tod

The National Green Tribunal order suspending environmental clearance to Posco is not a setback to government's green policies, Environment Minister Jayanthi Natarajan said on Friday, asserting that 'v

Investment from South Korea is a 'priority' for India, visiting Prime Minister Manmohan Singh said on Monday, adding that the government was taking 'proactive' steps improve the business climate and m

India on Monday assured South Korea that it is keen to move forward the delayed Rs 52,000 crore POSCO project in Odisha with Prime Minister Manmohan Singh asking top Korean CEOs to 'have faith' in

A new steel policy will be put in place in six months to facilitate rapid growth of the domestic steel sector by ensuring faster capacity addition, the government on Friday said.

"A Steel Ministry pa