A delegation of South Korea's Posco, the world's second largest steel producer, is expected to visit Karnataka next week as a follow-up to its intention to set up a multi-billion dollar integrated steel plant in the mineral-rich State.

Company expected to invest Rs. 20,000 crore in the State

Posco to be allotted captive mines

Final round of talks to be held soon

Kochi, Nov. 11 Leaders of POSCO Pratirodh Sangram Samithi (PPSS), the people

PARADIP: With poverty and non-payment of crop loans haunting them since long, hundreds of farmers, who failed to cultivate their paddy crops for four years at Dhinkia and Gobindapur villages have threatened to commit suicide.

BHUBANESWAR: Continuing to face stiff opposition at its project site in Jagatsinghpur, Posco-India has announced formation of POSCO Foundation for successful implementation of its social welfare programmes.

The announcement comes as per the discussions of CEO, Psoco Joon-Yang Chang with Chief Minister Naveen Patnaik during the former

New Delhi: World

The steel ministry and the Orissa government have asked South Korean steel giant Posco to expedite the process of land acquisition by directly negotiating with private land holders to fructify its Rs 54,000-crore mega steel project in the state

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.

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.

President of South Korea Lee Myung-Bak is interested to come to Orissa to do the