Posco moving to different place: Mines Minister

BK Handique, Mines Minister, on Tuesday said that South Korean steel maker Posco is moving out of Orissa to a different. He sighted the land acquisition as the main reason.

Posco withdraws suit against SAIL

Posco E&C, part of South Korean steel giant Posco, on Friday withdrew its suit in the Delhi High Court against state-run SAIL for terminating a Rs 2,000-crore order.