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Posco Foundation formed
Posco India Limited which is setting up a 12-million tonne per annum steel plant in Orissa has announced the formation of the Posco Foundation for carrying out various social welfare programmes focusing on development of underprivileged sections of the society.

'Knowledgeable investors do not look at profit or loss numbers'
Shilpy Sinha / Mumbai December 25, 2009, 0:41 IST

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Google routes World Bank data to fact seekers
Google is adding World Bank figures to Internet results in a bid to make hard facts about countries worldwide easier to find.
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JSW Steel's crude steel production doubles in Nov

JSW Steel today said its crude steel production more than doubled to 4.80 lakh tonnes in November. - RSP posts record hot metal, crude steel output - Govt warns JSW-led JV on delay in developing coal block - JSW and JFE Holdings in talks on equity sharing - JSW in talks with JFE Holdings on equity sharing - Bhushan Steel may sell stake to Sumitomo - Severfield-Rowen inks another Indian JV The company"s production of crude steel was 2.15 lakh tonnes in the same month last year, JSW Steel said in a statement. The production of rolled products (flat) increased 94 per cent at 3.15 lakh tonnes in November this year from 1.62 lakh tonnes in the year-ago period, it said. The output of rolled products (long) rose by a steep 197 per cent at 0.68 lakh tonnes this November from 0.23 lakh tonnes in the year-ago period. The company achieved 3.85 million tonnes of crude steel production cumulatively up to November in the current fiscal year, showing a growth of 52 per cent over corresponding period of the last year.


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