Sail optimistic about jv with Posco: Verma
Stating that consensus had been reached on different issues with Posco, Verma said negotiation with the South Korean steel major had been "very positive." The Sail and Posco had earlier differences over issues like the ratio of share in the joint venture. While Posco was claiming 51 per cent share in the joint venture, Sail too claimed equal share. However, according to Verma, most of the issues had been sorted out through discussion.