Nippon, US Steel Sue Biden Order Blocking Acquisition
Mint Hyderabad|January 07, 2025
US Steel and Nippon Steel have filed a lawsuit against US President Joe Biden's order that blocked the $14.9 billion buyout of the American steelmaker by the Japanese company, they said on Monday.
Reuters

The lawsuit asked the court to set aside the review process of the Committee on Foreign Investment in the US and Biden's order, citing "violation of the Constitutional guarantee of due process and statutory procedural requirements, as well as unlawful political influence".

The case was filed in US Court of Appeals for the District of Columbia Circuit.

هذه القصة مأخوذة من طبعة January 07, 2025 من Mint Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 07, 2025 من Mint Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MINT HYDERABAD مشاهدة الكل
Mint Hyderabad

Nominee Laws at Crossroads: From Trustee to Ownership, A Case for Reforms

The notion of a nominee being a mere trustee complicates the case for asset succession

time-read
3 mins  |
January 24, 2025
Mint Hyderabad

Zee Ent Q3 profit soars nearly 3-fold

Zee Entertainment Enterprises Ltd clocked a net profit of ₹164 crore for the third quarter ended December, a 180% increase from the ₹58.5 crore a year earlier.

time-read
1 min  |
January 24, 2025
Mint Hyderabad

Akasa Air is well-capitalized, path to profitability intact

CEO Dube said the country's two newest airports should help improve its profitability

time-read
1 min  |
January 24, 2025
Mint Hyderabad

Declaring pre-existing diseases and timelines: Know the rules

What is the time limit for pre-existing diseases when buying health insurance? Do I need to declare a decade-old hospitalization or illness? I declared an illness from 10 years ago, and the insurer excluded it from the pre-existing conditions list. Is this correct? -Name withheld on request

time-read
2 mins  |
January 24, 2025
Mint Hyderabad

HDFC Bank walks loan tightrope

DFC Bank Ltd performed well in Q3FY25 but reported a high loan-deposit ratio (LDR) of 98%, indicating less-than-ideal liquidity to cover urgent fund requirements.

time-read
2 mins  |
January 24, 2025
Mint Hyderabad

CCI Ban on WhatsApp Data-Sharing on Hold

No relief on ₹213 crore fine; experts say order undermines CCI's authority

time-read
2 mins  |
January 24, 2025
Mint Hyderabad

Inclusive growth key pillar of India's economic blueprint

India will comfortably maintain a 6-8% economic growth rate while keeping inflation under check in the years to come, senior Union railways minister Ashwini Vaishnaw said on Thursday in a statement.

time-read
1 min  |
January 24, 2025
Mint Hyderabad

India will clock fastest growth rate: Andhra CM Naidu at Davos

Andhra Pradesh chief minister N. Chandrababu Naidu has said that India's golden era has started and the country will clock the fastest growth rate.

time-read
1 min  |
January 24, 2025
Mint Hyderabad

Donald Trump to take virtual centre stage in Davos

Chief executives will be given the chance to lob questions at the new US President Donald Trump

time-read
1 min  |
January 24, 2025
Mint Hyderabad

RBI Likely to Transfer Another Bumper Payout

The central bank will likely make another windfall payout to the government on account of its intervention in currency markets to stem the decline in the rupee, according to economists.

time-read
1 min  |
January 24, 2025