Tuesday 21 June 2011

Orissa halts land takeover for $12 bln POSCO plant (Reuters)

Villagers hold placards during a protest in Orissa May 18, 2011. REUTERS/Stringer/FilesReuters - Local protests have forced Orissa to halt acquiring land for a proposed $12 billion steel plant to be built by South Korea's POSCO, further delaying the biggest foreign direct investment in Asia's third largest economy.



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