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Anti-Posco activists burn letter from Posco
The efforts of Posco India to generate public support for its integrated steel project near Paradeep have aroused the wrath of the anti-Posco activists.

Corus may get the Tata tag next year
The Tatas are planning a new-look for their first prestigious acquisition Corus Steel next year, a move that coincides with the company emerging from the financial burdens and the global downturn.

News of the day

Punjab ends MoU with Reliance Ind
The ambitious project of Reliance Industries (RIL) to put up progressive farming practices in Punjab has been scrapped as the Punjab cabinet has terminated the Memorandum of Understanding (MoU) signed with RIL in 2006 for setting up of Agricultural Mega Projects in the state, saying that no action had been taken in accordance with the provisions of the MoU.
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Chodavaram mill expects drop in cane crushing

Chodavaram Cooperative Sugar Factory expects a decline in sugarcane crushing this season as against the 350,000 tonnes crushed during the last season. - Byproducts to boost Chodavaram sugar mill?s income The mill started crushing from December 2 and on the first day it crushed 600 tonnes of sugarcane. The crushing season will continue for 90-100 days. “During the last crushing season, we crushed 350,000 tonnes of sugarcane with a 9.9 per cent recovery, but this year this is likely to be only 300,000 tonnes with a recovery rate of 9.5-9.8 percent due to unfavourable weather conditions,” GV Ramaiah, managing director, Chodavaram sugar factory, told Business Standard. Farmers, in the factory area, have cultivated sugarcane on 28,550 acres this season. Under normal circumstances, the yield in the said area is around 500,000 tonnes. However, due to bad weather conditions, it would be only 300,000-350,000 tonnes of sugarcane this season, Ramaiah said.


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