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ORISSA STEEL
Odisha govt approves 20 mega investment proposals worth Rs 76,612 croreOdisha's government has approved 20 mega investment proposals totaling Rs 76,612 crore, projected to create over 50,000 jobs. These signifi...
Tata Steel shares jump 2% to fresh record high: What's driving the gains?Tata Steel shares surged to a new record high on Tuesday. This rise followed the Odisha High Court's decision to quash state government dem...
- Bhushan Steel, Monnet Ispat revive takeover bids to acquire Orissa Sponge
Two Delhi-based steelmakers - Bhushan Steel & Power and Monnet Ispat & Energy - have indicated their intention to acquire up to 20% in Oris...
- Orissa to examine possible JV between Sail and Posco
Orissa govt said it was not informed about the Steel Ministry's proposal for a joint venture between public sector SAIL and Posco.
- Posco-India for swapping of iron ore within country, says state minister
Though Posco has agreed not to insist on import clause in lapsed MoU with Orissa govt, it wants swapping of iron ore within the country.
- Essar Steel Orissa Ltd charged with green violation
Though ESOL obtained environmental clearance on May 29, 2008, there is no CRZ clearance which is mandatory since the area comes under CRZ z...
- Six years on, Posco's Orissa project still a nonstarter
Despite the troubles, Posco hangs on to the mineral rich state as it scouts for a safe iron ore mine haven. The company does not have acces...
- Posco MoU: No decision yet on ore export
Orissa Steel and Mines Minister Raghunath Mohanty today said the state government is hopeful of renewing the MoU with Posco India by June-e...
- Orissa to renew lapsed Posco pact
Posco is bringing in India's largest foreign direct investment so far through the 55,000-crore Orissa steel project.
- Orissa Steel Federation demands nationalization of minerals
All Odisha Steel Federation [AOSF] demanded Orissa government to take over control of all the mineral reserves, mines to ensure level playi...
- Environment Ministry gives final clearance to Posco for Orissa steel project
Ending a year-long wait, the environment ministry gave final clearance to Posco's $12 billion integrated steel plant project.
- Big proposals, but Arcelor & Posco spends in Orissa negligible
ArcelorMittal and Posco had proposed to invest Rs 91,000 crore for setting up mega steel units in Orissa, but it was negligible even about ...
- Posco project hangs between 'to be' and 'not to be' as environment minister puts halt to forest clearance
Though CM Naveen Patnaik is still hopeful about the 'dream' project pulling through, not many share his optimism given the spate of controv...
- Posco plans to set up plant in Karnataka
Just a day after the environment ministry granted conditional clearance to Posco for its $12-billion Orissa steel project, the South Korean...
- 350 steel units in Orissa on the verge of closure for no access to mines
Kandoi brushed aside the recent declaration made recently by the state govt to reserve 60% of the ore produced in the state for small & med...
- POSCO not shifting from Orissa: State govt
Orissa government on Wednesday asserted here Posco-India would not pull out of the state in the wake of halting of work on the proposed Rs ...
- Bhushan Steel gets Sebi nod for Orissa Sponge open offer
The battle for the control of the resource-rich Orissa Sponge Iron & Steel may intensify with Sebi allowing Bhushan Steel, one of the three...
- Orissa Sponge promoter's stake buy under cloud
Neeraj Singal’s Bhushan Steel, which mopped up an additional 4% stake in Orissa Sponge in the past two days, has written to the Company Law...
- Bhushan Steel may pick a controlling stake in Orissa Sponge Iron & Steel
Delhi-based Bhushan Steel is close to picking a controlling stake in Orissa Sponge Iron & Steel by buying out its existing promoter Prashan...
- JSW plans to set up Rs 35k-cr steel plant in Orissa
Jindal group company JSW Steel is all set to invest Rs 35,000 crore to set up a 10 million tonne steel plant in Orissa. The new plant would...