With a strong steel market sentiment, the RSP had ended 2023-24 with a PBT of around Rs 580 crore. Buoyed by it, it had upwardly set a PBT target of Rs 1,008 crore in its financial budget for 2024-25.

The long-awaited decision to prohibit the transition, which would have placed America’s largest steel-making enterprise under foreign control, blocks Nippon Steel and its’ American affiliates ...

Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...

President Joe Biden’s decision Friday to block the sale of U.S. Steel to a Japanese rival has ignited an imminent legal challenge, alarmed foreign investors and cast a shadow over the careers of ...

By Alan Rappeport Reporting from Washington President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale ...

The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.

Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

The explosive Ohio State Buckeyes offense jumped out to a scalding hot start against the Oregon Ducks in the Rose Bowl, grabbing a 14–0 lead before the end of the first quarter. No one made more ...

Ryan Shawcross is handing over a rejuvenated Stoke City to Mark Robins after a fiercely hard-working draw at promotion-chasing Burnley. Stoke might have found a moment to win this match of few ...

Investors were cheered by an assertive new proposal from the company's would-be acquirer. Nippon Steel has offered the government an important veto over U.S. Steel's operations, if acquired.

It appears top 2025 draft prospect Porter Martone will sit out once again as Team Canada takes on the United States in their group round game at the World Juniors. Martone was not part of line ...

KING POWER STADIUM, LEICESTER — Manchester City halted a five-match winless run with a battling and often fortuitous 2-0 triumph at Leicester City. The frailties that meant Pep Guardiola's ...