Blogs about: Posco
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POSCO says Daewoo Int'l most interesting
POSCO most interested in Daewoo International, yet still watching sale of Daewoo Shipbuilding and Marine Engineering, according to reports. Reuters reported here that - POSCO sees Daewoo Internationa… more →
Invest KOREA Partnership Support
Name and shame some S Korean polluters
— 1 comment
wrote 8 hours ago: SK Hynix, Hyundai Asan, SK Energy, POSCO, and Hyundai Steel factories were found to be emitting 15 c … more →
KOREA: CLOSING WRAP, 14Jun2013
wrote 5 days ago: KOSPI up 0.35% hardly a strong bounce back; JPM was right all along; Drowning in a sea of cor … more →
POSCO floods the market with perpetual paper
wrote 5 days ago: POSCO has issued W1tn in perpetual notes. The first tranche is W800bn, 5yr callable and priced at 4. … more →
APPEAL TO OBSERVE ANTI- POSCO BLACK DAY ON 22nd JUNE 2013
wrote 6 days ago: APPEAL TO OBSERVE ANTI- POSCO BLACK DAY AT PATNAHAT VILLAGE ON 22nd JUNE 2013 Dear Friends, We remem … more →
Eastern Russia newest frontier for Korean conglomerates
wrote 1 week ago: Russia is keen to expand into it’s resource rich East. Some Korean conglomerates will also be … more →
S Korean power shortage curtailing industrial production
wrote 1 week ago: Steel companies are reducing production and employing energy saving techniques to help alleviate the … more →
Finishing Touches: Painting A Board
wrote 1 week ago: It’s been a busy few weeks, what with exams, exams and general life stress, but I’ve fin … more →
KOREA: CLOSING WRAP, 07Jun2013
wrote 1 week ago: Korea’s biggest stock gets pumped, KOSPI down 1.8%; STX Pan Ocean is finished; CJ Group’ … more →
KOREA: CLOSING WRAP, 28May2013
wrote 3 weeks ago: Steady as she goes, Kospi2 +0.15% as Korea’s Yen fears continue to fade. Credit card earnings tumble … more →
POSCO (005490) sets up stainless steel processing plant in Thailand
wrote 3 weeks ago: POSCO, South Korea’s leading steelmaker, said Tuesday that it has completed the construction o … more →
POSCO (005490) completes wire rod plant in Pohang
wrote 3 weeks ago: POSCO, South Korea’s leading steelmaker, said Tuesday that it has completed the construction o … more →
Seoul shares up 0.3 percent in late-morning trade led by blue chip exporters
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wrote 3 weeks ago: The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.93 points to 1,979.38 as of 11:20 a.m … more →
Join to Celebrate 22 June 2013 as Black Day
wrote 4 weeks ago: Dear Friends, The PPSS invites you to join the ‘Black Day’ on June 22nd, 2013, the 8th anniversary … more →
No Justice For Insaf - Saba Naqvi
wrote 1 month ago: No Justice For Insaf Saba Naqvi, Outlook Magazine, May 27, 2013 Courtesy: http://www.outlookindia.co … more →
whereby the writ petition preferred by Geomin Minerals & Marketing (P) Ltd. was allowed and the recommendation made by the State Government dated 9th January, 2009 in favour of POSCO India (P) Ltd. was set aside with a direction to the State Government to take a fresh decision in terms of order dated 27th September, 2007 passed by the Revisional Authority in Revision Application File No.22 (41)/2007RC1 by giving the Geomin Minerals & Marketing (P) Ltd. the preferential right of consideration. The Division Bench further observed that in the event the State Government decides to invoke the provisions of Section 11(5) of the Mines and Minerals (Development and Regulation) Act, 1957 (hereinafter referred to as the “MM(D&R) Act”) , “special reasons” for the same in terms of guidelines dated 24th June, 2009 issued by the Ministry of Mines, Government of India be recorded in writing.= It is well settled that no applicant has statutory or fundamental right to obtain prospecting licence or a mining lease.- In view of the finding as recorded above, we are of the view that the High Court committed a grave error of law in deciding the case on merits and deciding the question of legality of the recommendation made by the State Government. In fact they should have left the matter to the Central Government to pass an appropriate order in accordance with law instead of entertaining a premature writ petition. The State Government by its recommendation having forwarded the tabulated chart showing inter se merit of each applicant, it was not for the High Court to sit in appeal to decide who amongst all is more meritorious and is entitled for preferential right. 36. We, accordingly, set aside the impugned judgment dated 14th July, 2010 passed by the Division Bench of the Orissa High Court and remit the matter to the Central Government to consider the question of approval under Section 5(1) taking into consideration the recommendations made by the State Government. While deciding the question it will keep in mind the objections raised by the parties as noticed in the preceding paragraphs. It is expected that the decision will be taken on an early date and shall be communicated to the State Government. The appeals are allowed with the aforesaid observation and direction, but there shall be no order as to costs.
wrote 1 month ago: Page 1REPORTABLEIN THE SUPREME COURT OF INDIACIVIL APPELLATE JURISDICTIONCIVIL APPEAL NO. 4561 OF … more →
Thick Plate Sales Decline despite Robust Ship Orders
wrote 1 month ago: Despite an increase in order receipts by shipyards, steel makers are suffering from a decline in thi … more →
After the largest write-down ever for an Indian company, Tata Steel should focus on home turf
wrote 1 month ago: Tata Steel’s $13.1 billion acquisition of European steelmaker Corus in 2007 was a sign of the … more →
STATEMENT ON THE ARREST OF COMRADE ABHAY SAHOO
wrote 1 month ago: STATEMENT ON THE ARREST OF COMRADE ABHAY SAHOO We the undersigned are extremely appalled and outrage … more →
KOREA: CLOSING WRAP, 25Apr2013
wrote 1 month ago: 1. KOSPI (1,951.60, +0.84% DTD, -2.27% YTD) 2. KOSPI2 (254.49, +0.99% DTD, -3.57% YTD) 3. USDKRW (1, … more →
