School van driver arrested for molesting minor girl in Jaipur

A school van driver was arrested today for allegedly molesting a 5-year-old girl in Shyam Nagar area here.

Odisha may offer Posco the JV option with OMC

Prime Minister's Principal Secretary Nripendra Misra on Tuesday held a meeting with Mines Secretary Balvinder Kumar, Steel Secretary Rakesh Singh, Odisha Chief Secretary G C Pati and Posco India CMD Gee Woong Sung on the steps that can be taken to save the project, sources said.

Tripartite meet on Posco project on August 25: Minister

The much-awaited tri-partite meeting on the country's biggest FDI project proposed by Posco is scheduled to be held in New Delhi on August 25, Odisha Steel and Mines Minister Prafulla Kumar Mallick said Saturday.

Odisha to nudge Centre on Posco issue

The decision in this regard was taken at a high level meeting chaired by Chief Minister Naveen Patnik and attended by Steel and Mines Mminister Prafulla Kumar Mallick.

Posco, Uttam Galva to set up $3-bn steel plant in Maharashtra

It will initially build 1.5 million tonne per annum (MTPA) plant with a new technology from Posco at a cost of about USD 1.5 billion.

Six gang-rape minor girl in Chembur; arrested

A 15-year-old girl was allegedly gang raped by six persons at a shop in suburban Chembur in the wee hours of today and all the accused were arrested, police said.

Posco's Finex plant likely to be shifted to India by Oct

POSCO is likely to shift its first Finex plant to Kalinganagar, in the state from Pohang, South Korea after a definitive pact with homegrown steelmaker MESCO, which is scheduled by August.

Posco's Finex plant likely to be shifted to India by Oct

POSCO is likely to shift its first Finex plant to Kalinganagar, in the state from Pohang, South Korea after a definitive pact with homegrown steelmaker MESCO, which is scheduled by August.

'Adani suspends 2 key contractors on biggest Aus coal project'

Adani Group's 16.5 billion dollar coal mine project in Australia has hit another controversy after reports that the Indian mining giant suspended two major contractors, raising fresh speculation over funding even as the company blamed the move on delay in government approvals.

BJD to oppose Land Bill, raise Posco, Vyapam scam in Parliament

Asking party MPs to oppose the controversial Land Acquisition Bill and demand action in Vyapam scandal, BJD president and Odisha Chief Minister Naveen Patnaik on Sunday stressed on steps to prevent opposition Congress from deriving political mileage out of any issue.

Posco shifts focus from Odisha project citing 'no progress'

Steel giant Posco has shifted its focus from the USD 12-billion proposed steel plant in Odisha citing "no progress" in the project.

Posco suspends $12 billion Odisha project

South Korean steel giant Posco has put on hold its USD 12 billion steel project in Odisha due to delays in various regulatory approvals.

Not quitting Odisha: Posco

The company is reducing its unused office space and other expenditure as part of massive global cost restructuring programme, said a person in the know of developments.

POSCO says to exit unprofitable businesses as weak steel demand caps profit growth

POSCO says to exit unprofitable businesses as weak steel demand caps profit growth

South Korea`s POSCO said it would shut down unprofitable local and overseas businesses as part of a restructuring plan aimed at boosting profit growth in the world`s sixth-largest steelmaker as global demand for steel remains weak.

Government to extend full support to Posco: Tomar

In the past few months, Posco officials has been meeting Ministers and officials regarding investment in India's steel sector.

ArcelorMittal, SAIL to set up steel plant in India

NRI billionaire Lakshmi Mittal-led ArcelorMittal on Friday partnered PSU giant SAIL to set up an automotive steel plant with an estimated Rs 5,000 crore investment, taking a fresh shot at entering India after nearly a decade-long wait for its earlier projects to take off.

Odisha govt asks Posco to pay land premium soon

The Odisha government on Saturday asked South Korean steel major Posco to make outstanding payment of about Rs 50 crore towards land premium and Rs 18 crore towards net present value for forest land diversion.

POSCO Q1 profit up 20%, low iron ore costs outweigh weaker steel prices

That compared with 518 billion won in operating profit in the same period a year earlier, and 632 billion won in the October-December quarter.

Posco, SAIL in talks for setting up a steel plant: Govt

"SAIL and Posco recently discussed possible collaboration opportunities including setting up of an integrated steel plant," Minister of Steel and Mines Narendra Singh Tomar told Lok Sabha in a written reply.

Centre rejects Odisha's request, for auction route for Posco

The Centre has rejected the Odisha government's request to consider its recommendation of granting prospecting license (PL) over Khandadhar iron ore reserve in favour of Posco India which proposed to set up a Rs 52,000 crore steel facility near Paradip.