London: India does not figure among ArcelorMittal's top investment priorities as its $30 billion steel projects face long delays, Chairman L N Mittal said on Thursday. However, the country from where UK-based billionaire comes from remains a priority for the world's largest steel producer. "India is always in our top of the list in terms of priority because we see so much of potential and growth and we see the...
11:10 PM, May 10, 2012
Luxembourg: ArcelorMittal's planned steel plant investments in India are likely to be stalled for years, the company's chief executive said on Tuesday. "We continue to experience difficulties in India. My belief is that the Indian projects may not see the light for five to 10 years," Lakshmi Mittal told the company's annual shareholder meeting. Asked by Reuters later to expand on this view, Mittal said he might have overstated the...
10:52 PM, May 08, 2012
Paradip: Anti-Posco leader Abhaya Sahu was arrested in Tirtol area near Paradip in Jagatsinghpur district of Odisha, the police said. "Sahu, President of Posco Pratirodh Sangram Samiti (PPSS), was held by a police team at Nuapokhari last night when he was returning from Bhubaneswar to his village," IIC of Tritol police station Debadutta Kar said. The police team stopped Sahu's car on Manijanga - Erasama road near the proposed project...
10:24 AM, Nov 26, 2011
Paradip: Agitators stalled work for the second day on Monday at Posco's mega steel plant project near Paradip in Orissa's Jagatsinghpur district as prohibitory orders were clamped. Slogan-shouting youths, women and children marched to Noliasahi-Polang area in the Nuagaon panchayat where the boundary wall and rehabilitation colonies were being built and demanded that work be halted immediately, officials said. Land acquisition has been 'temporarily halted' since June 21, while work...
02:43 PM, Jun 27, 2011
Mumbai: Exactly six years after Korean steel giant Posco signed an MoU with the Orissa government for its Rs 52,000-crore 12-MTPA project, the mega venture remains mired in uncertainty. As the anti-steel plant agitation gains momentum, both Posco and Orissa government have vowed to push ahead with the project in Jagathsinghpur district. The country's biggest single FDI project till date has been beset by stiff protests from local communities against...
12:14 PM, Jun 21, 2011
New Delhi: Environment Minister Jairam Ramesh on Monday granted final approval to Orissa for diversion of 1,253 hectares of forest land for Posco's steel project but said the South Korean steel major should not export raw material from the proposed project. "...In view of the state government's latest communication of April 29, final approval is accorded to the state government for diversion of 1253 hectares of forest land in favour...
02:57 PM, May 02, 2011
Jagatsinghpur (Orissa): Environment Minister Jairam Ramesh may have given the green signal to POSCO, but the steel plant project may not come up anytime soon. Orissa Chief Minister Naveen Patnaik may have felt very relieved after Ramesh cleared the project, but in Jagatsinghpur, Orissa clearance of the Rs 51,000 crore project has only kicked off fresh agitation. People in Jagatsinghpur have intensified their agitation against the project. Local people came...
02:20 PM, Feb 03, 2011
![One killed, 12 injured in Orissa clash]( "One killed, 12 injured in Orissa clash")
Villagers in Chandia are facing displacement due to a steel project. ...
04:37 PM, May 12, 2010
Lakshmi Mittal says shifting Orissa project to Karnataka possible. ...
04:33 PM, Jan 07, 2010
Posco plant needs 20 mn tonnes/year of iron ore over 30 years for steel production at full capacity. ...
10:55 AM, Aug 27, 2009
Anti-Posco activists and project supporters clashed late on Friday night. ...
01:09 PM, Jun 21, 2008
Despite the local opposition, POSCO is confident of start building the Orissa steel project in October. ...
03:06 PM, May 23, 2007
Mittal group is keen to set up a steel plant in Jharkhand and will not go anywhere else, Jharkhand Chief Minister said. ...
09:17 PM, Apr 23, 2007
Police have been deployed around the project site as villagers brace for a violent confrontation with the Orissa government. ...
10:45 AM, Apr 11, 2007
Steel giants in Orissa are out for an image makeover. Big companies are trying to woo the tribals in a big way. ...
08:32 PM, Sep 10, 2006
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