New Delhi: ArcelorMittal said on Wednesday that options are open before it on shifting its Rs 1 lakh-crore steel projects from proposed sites in Orissa and Jharkhand.

PARADIP: With the Central Government virtually breathing down its neck to expedite work on the much delayed Posco project, the State Government has asked the district administration to convene a meeting of the Rehabilitation and Periphery Development Advisory Committee next month.

Dubai-based minerals trading company Trimex International EZE Ltd today moved the Supreme Court claiming $600,000 as damages from Vedanta Aluminium Ltd, a subsidiary of London Stock Exchange-listed Vedanta Resources.

New Delhi, Oct. 25 The Vice-President, Mr M. Hamid Ansari, has said that while the Indian mining industry has achieved phenomenal progress in production and productivity, accidents are also occurring.

Ishita Ayan Dutt / Kolkata October 20, 2009, 0:41 IST

The Centre is planning to introduce sweeping changes in mine allocations, giving states unbridled power in deciding on the beneficiary for all minerals, except coal and atomic minerals.

Jayajit Dash / Bhubaneswar October 20, 2009, 0:17 IST

The Videocon Group

At the advice of the Centre, the Orissa government is convening a meeting this week with Posco and ArcelorMittal to resolve issues like land acquisition and mining leases which are blocking Rs 1 lakh crore investment plans by the two global steel giants in the state.

Manoj Mitta | TNN

S Kalyana Ramanathan / London October 13, 2009, 0:09 IST

Company accused of overlooking local community

AKSHAYA KUMAR SAHOO

Vedanta is sourcing bauxite from Gujarat and its BALCO project in Chhattisgarh , so it is paying hefty sums on the transportation.
Procedural delays, bureaucratic hassles and lack of political will may result in the possibility of yet another foreign direct investment (FDI) project shying away from Orissa.