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Its project hanging fire, South Korean steel giant Posco has objected to the Ministry of Environment and Forest’s (MoEF’s) recommendation that the company should submit a “detail time-bound” schedule for spending at least 5 per cent of its total project cost or about Rs 3,000 crore towards welfare activities in the project area in Orissa. [...]

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Shivraj Puri, the alleged mastermind behind the multi-crore fraud in the Citibank branch here, was arrested on Thursday. Top police officers, however, declined to give details including where exactly he was arrested. He is likely to be produced before a court on Friday. Meanwhile, Gurgaon Police Commissioner S. S. Deswal told reporters that the size [...]