-The Business Standard   Even as Posco India is yet to submit a written response on the draft prepared for renewal of Memorandum of Understanding (MoU) with the Orissa government, the company is understood to have raised certain reservations over the omission of the iron ore swapping clause in the revised pact. While Posco has verbally agreed not to export iron ore from Orissa, the steel maker has requested the state government to...

-The Business Standard   Steel maker yet to submit its written response. The renewal of Memorandum of Understanding (MoU) between the Orissa government and Posco India continues to be mired in uncertainty with the company yet to officially respond to the MoU renewal draft sent by the government one month back. The renewal of the pact for a 12 million tonne steel project in the state by the South Korean company that expired on...

The Seed Bill 2010 -- which stayed in controversy because its initial draft seemed to favour agri-business rather than the farmer -- is now ready to get debated and passed in the current session of Parliament. Despite consultations, first in a Parliamentary Standing Committee and later in an all party meeting, a large number of farmers’ unions, opposition parties and civil society groups believe that the Bill fails to protect...

Just when they seem to be hurtling towards confrontation, Congress has successfully reached out to the Anna Hazare camp, persuading the civil society activists to appear before the standing committee on law and justice. Activist Arvind Kejriwal confirmed to TOI that he along with his colleagues have accepted the invite from the parliamentary panel led by Congress's Abhishek Singhvi and will attend the deliberations on Wednesday. Gandhian Anna Hazare, former law...

The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...