Centre woos foreign investors: Union minister for steeland mines Naveen Patnaik has reiterated that the government policy in the mining sector was attractive and rewarding for international participants. Speaking in the just concluded two-day symposium on "International Opportunities in Indian mining sector'' at London, Patnaik invited foreign investors by highlighting the country's potential and attractive investment opportunities in the mining sector. The delegation led by Patnaik held meetings with various international mining companies and financial institutions. Besides, the delegation also visited the London Metal Exchange and met its chairman Lord Bagri to acquaint themselves with modern technology in the mining sector.

Tatas not to withdraw from Gopalpur: The Tata Steel on Saturday clarified that it had no intention of withdrawing from its proposed shore-based steel project at gopalpur in Orissa. Stating that some newspapers had misrepresented factsrelating to the press conference of its managing director, JJ Irani at Delhi on Friday, a Tiscopress release said the status report on Project Gopalpur remained unchanged. While the process of land acquisition at Gopalpur would proceed as per plan, the construction of the plant had been put on hold pending development of infrastructure, the release said adding that the company had invested more than Rs 120 crore in the Gopalpur project and had no intention of withdrawing. Tisco was awaiting infrastructure development at Gopalpur before any substantial investment were made. The state government had taken some action in this regard which needed to be speeded up further, the release said. It said Tisco's position on the proposed steel project had been explained at several fora in the recent past.