Move proposed on account of land acquisition problems

Disappointed over delays in the launch of its Rs 50,000-crore steel project in Jharkhand, global steel giant ArcelorMittal is set to relocate its plant proposed in Khunti-Gumla to Bokaro district in the state, mainly on account of land acquisition problems.

South Korean steel giant Posco is likely to sign a Memorandum of Understanding (MoU) with state-run SAIL in the next three months to jointly set up a 5 MT integrated steel project in Jharkhand at an estimated cost of about Rs 25,000 crore. The move comes despite the long delay in the setting up of Posco

Korean Co Looking For New Opportunities As Its Proposed Project In Orissa Is Getting Delayed
Our Bureau NEW DELHI

KOREAN steel major Posco and country

As Karnataka seeks investments from neighbouring States and countries, it is hoping that the upcoming Global Investors Meet will provide the perfect platform to showcase the State's

New Delhi: Orissa government has come out in favour of the controversial Vedanta group with the BJD government in the state opposing the views of a central committee that bauxite mining in Lanjigarh were being carried out in violation of SC orders, the Forest Rights Act and the Forest Conservation Act.

The theme of Hello Zindagi released last week, is the need for conserving Olive Ridley turtles. That

Drops Plan To Set Up Project In Khunti-Gumla After Tribals Refused To Part With Land

ARCELORMITTAL has finally called it quits at Khunti-Gumla in Jharkhand where it had originally decided to set up a 12-mtpa greenfield steel project at an estimated cost of Rs 50,000 crore. The MoU for the same was signed way back in 2005 and the site selected a year later.

PLANS by Vedanta Resources to mine bauxite in Niyamgiri in Orissa, already delayed by vehement protests from non-governmental organisations, seem likely to suffer further damage

Ranchi, March 16: A study on the environmental impact of various polluting industries, particularly sponge iron units, projects an alarming scenario in Jharkhand, blaming state agencies for their failure to monitor the seriousness of the problem.