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India bankruptcy court had approved ArcelorMittal’s USD 6 billion bid for debt-ridden Essar on March 8. ArcelorMittal did not have any immediate comment. India’s bankruptcy court had approved ArcelorMittal’s USD 6 billion bid for debt-ridden Essar on March 8, potentially ending months of court battles and opening the sector to outsiders.On Friday, the Supreme Court halted ArcelorMittal’s payment while a bankruptcy appeals court - the National Company Law Appellate Tribunal - rules on various appeals in the case.“(The court) asked the parties to maintain status quo with respect to the March 8 order,” said a lawyer working on the case, referring to an order by India’s bankruptcy court, the National Company metric nut Suppliers Law Tribunal.

The lawyer, who was at the court when the ruling was made, did not wish to be named as he is not authorised to speak to the media.ArcelorMittal did not have any immediate comment. Essar Steel declined to comment.The rupee weakened by 0.3 per cent to 69.32 to the dollar following Friday’s ruling, on concerns of subdued dollar inflows.Essar Steel, with debts of 50.78 billion rupees (USD 725.38 million), was among the so called dirty dozen - twelve large steel and other infrastructure companies which defaulted and were referred to India’s bankruptcy court in 2017.The company became synonymous with the tardy pace of debt resolution by Indian banks saddled with billions of dollars of bad loans.When a new bankruptcy law was introduced in 2016 by Prime Minister Narendra Modi, it was seen by investors as a bold move which would ease lending pressure on banks and boost private investment.Local steel company JSW Steel Ltd, metals conglomerate Vedanta Ltd, Russian bank VTB and the erstwhile owners of Essar Steel had all tried to win the 10-million-tonne steel asset over the last two years.

In squeezing Nawaz, the court may anger the N-League base and that anger may carry the party to an electoral victory. Just small men fighting over a big prize. So if the legal vice can be applied by implausible judgements the legal vice can also be reversed by implausible judgements. But the PML(N) base is 15 million voters; the country is 200. It’s all politics, after all.That Nawaz can be chased off.The legal vice Nawaz is in may not reverse itself even if Nawaz wins his war with the boys. But just because Nawaz can’t walk away, doesn’t mean he knows what he’s doing. Why would Zardari preside over the collapse of the PPP outside its base in Sindh? What the hell is wrong with Imran?How the heck does Nawaz think he’s going to win this fight? Why is the court imperilling its credibility? Why didn’t the boys figure out how to get rid of Nawaz before trying to get rid of him?It’s nuts.Start with the boys. That all politicians are dilettantes or interlopers. But what the heck is up with Imran? He almost seems to want to make things more difficult for himself.That would be messy enough.It’s really three individuals, Nawaz, Imran and Zardari, and two actors, the boys and the court.Can Nawaz afford to walk away from it all? If you believe this is your life’s work, that the political empire you’ve built is your legacy, that becoming the greatest political leader in generations from Punjab is your identity, then how do you walk away from it all?It’s not a noble thing, it’s a possession thing. Not only does he not appear to have a winning political strategy, it’s not clear he’s interested in one.

That there is no hill they’re willing to die on.Crazy, corrupt or incompetent to you and me, to himself Zardari is the master survivor who understands the system and the percentages. Or, if you’re Imran, it’s belief. Or it could be both; a national malaise, the Pakistani condition.Keep scratching away though and you’ll start to find that each of the five are doing things based on their misperceptions of the others and perceptions of themselves.Finally, the court. It’s a seemingly sensible strategy, except for a foundational assumption. If you’re Imran, why would you change now?The PPP implosion under Zardari? Corrupt, incompetent, stubborn — or maybe, in his mind, crazy like a fox.Steer Nawaz towards the exit, take him to the threshold and, once it becomes obvious he has no other option, let him take the final step himself, turning his back on politics for good.By arrangement with Dawn. Because the boys can’t be disabused of their belief of what all politicians are ultimately all about, they couldn’t flip the question around. Fear of the gavel means it’s the hardest — harder than the boys even — to talk about it openly.Belief that the prime ministership is his destiny. Just a few sensible moves, a bit of application and he’d be the favourite by now. That they’re in it for the money or the lifestyle.The legal vice Nawaz is in may not reverse itself even if Nawaz wins his war with the boys. Former Prime Minister Nawaz Sharif (Photo: AP)

Those who propose travelling less are heading for a darker place. Airbus is also looking at hybrid-electric technology for future passenger aircraft generations.FLYING BATTERYThe aircraft, with a flattened profile and propellers at its wing tips, was designed as an electric plane from the ground up, said Omer Bar-Yohay, Eviation’s founder and CEO.Israeli startup Eviation has wheeled out Alice, a battery-powered nine-seater due for its maiden flight later this year.”Airbus is also looking at hybrid-electric technology for future passenger aircraft generations, but few would bet on its readiness to power the 200-seaters expected to replace the workhorse A320 jet family in the 2030s.On a single charge, Alice can fly 650 miles (1,046 kilometres) at 10,000 feet with a cruising speed of 276 miles per hour.“The impact of battery weight is an order of magnitude more severe for us,” said Stephane Cueille, Safran’s head of research, technology and innovation.But aerospace leaders are adamant that the answer cannot be fewer flights.Among signs of growing interest from traditional players, engine maker Rolls-Royce said on Tuesday it had bought the electric aerospace division of Germany’s Siemens - which is also one of the suppliers of motors to Alice.

Then you’re starting to get to the kind of economics and sustainability that’s closer to a bus than it is to aviation historically,” United Technologies Chief Technology Officer Paul Eremenko said during a panel discussion.5 per cent of the global total but are set to expand in step with emerging middle classes, especially in Asia. The additional thrusters or e-propellers also help stability, allowing a more streamlined airframe to reduce drag and consumption further.“We’ve got to make aviation grow and be sustainable,” Rolls-Royce CTO Paul Stein said during the same panel.But campaigners like Greenpeace transport specialist Sarah Fayolle say taxation and other regulation is warranted by the urgent need to slash emissions.Unlike cars, however, electric planes must heft their power packs aloft - a reality that limits them to small aircraft on the shortest routes, as even their proponents concede.UBS predicts demand for USD 178 billion in green aviation technologies by 2040 as they become more mainstream.

Like forests and oceans, soils also capture carbon, through the vegetable matter that decomposes in them.Nicolas Denieul plants his spade in the ground and turns over a clod of soil to reveal a mass of earthworms seething around plant roots — fat ones and thin ones, delicate translucent violet and dark b French farmer Nicolas Denieul shows earthworms in a wheat field in Piace, France. (Photo:AFP) Nicolas Denieul plants his spade in the ground and turns over a clod of soil to reveal a mass of earthworms seething around plant roots — fat ones wholesale carbon steel nut and thin ones, delicate translucent violet and dark brown. Ten years ago, I never thought I’d see anything like that!” said Denieul, a cheerful French farmer, his hands full of earth in the biting wind.. Instead of being released in the form of gases that contribute to global warming, carbon stocked in soil nourishes plants.

For 10 years ago, there were no worms roaming about his land, near the western city of Le Mans, where he grows wheat, corn and rapeseed to feed the 350 pigs he and his brothers keep. Back then his spade met smooth earth, empty of worms, insects and the other small organisms that signify a healthy soil.France’s agriculture ministry launched an international research programme on the subject this year, which 40 countries signed up to at the ongoing UN climate talks in Paris.“That is magnificent.4 percent a year in the level of carbon in soils would make it possible to stop the current growth of carbon dioxide — a major greenhouse gas — in the atmosphere, according to the French National Institute for Agricultural Research (Inra).End of ploughing On top of urbanisation and deforestation, soils around the world have suffered as a result of the intensification of farming since World War II. “We have massacred the soil” with bigger combine harvesters, deeper ploughing and chemical fertilisers and pesticides,” Mr Denieul said.An increase of 0

However, the companies informed that the proposed combination of businesses would be formed through a non-cash transaction framework, based on fair valuation where both shareholders would contribute debt and liabilities to achieve an equal shareholding in the venture.65 on the Bombay Stock Exchange.The shares of Tata Steel rose 1.The shares of Tata Steel rose 1. “This business combination creates a strong number 2 and is thus much better positioned to cope with the structural challenges in the Euro-pean steel industry,” said Dr Heinrich Hiesinger, chairman, executive board, Thyssenkrupp.65 on the Bombay Stock Exchange.64 per cent to end the trading session at Rs 687.

The joint venture would have a pro forma turn-over of about 15 billion China heavy hex nuts Manufacturers euros per annum (Rs 1,15,000 crore) and currently employs about 48,000 people spread across various locations..The proposed 50:50 joint venture — Thyssenkrupp Tata Steel — would be focused on quality and technology leadership, and the supply of premium and differentiated products to customers, with annual shipments of about 21 million tonnes of flat steel products, the companies said in a statement released on Wednesday. Mumbai: Domestic steel giant Tata Steel and German Thyss-enkrupp AG have signed a memorandum of understanding (MoU) to create the second largest steel enterprise in Europe after ArcelorMittal by combining the flat steel businesses of the two companies in Europe and the steel mill services of the Thyssenkrupp group.64 per cent to end the trading session at Rs 687.It would be headquartered in the Amsterdam region of the Nether-lands. It would be headquartered in the Amsterdam region of the Nether-lands

JSW Steel on Monday told the National Company Law Tribunal that the company is not backing out from the ongoing resolution process of Bhushan Power & Steel despite reports of alleged fraud by its former promoters.15 crore by BPSL by misappropriating bank funds and manipulating its books of accounts.Last week, state-owned lender Allahabad Bank had reported fraud of over Rs 1,774 crore by BPSL to the Reserve Bank of India.NCLT has to take a decision over the lenders&hexagonal nuts39; approval of the resolution plan of JSW Steel for BPSL.The NCLAT had said the CoC decision was well within its rights to negotiate better terms with resolution applicants and has had asked NCLT to decide over JSW Steel's bid by March 31, 2019.

According to the CBI, BPSL diverted around Rs 2,348 crore through its directors and staff from the loan accounts of PNB, Oriental Bank of Commerce, IDBI Bank and UCO Bank into the accounts of more than 200 shell companies without any obvious purpose.Around 85 per cent of PNB's Rs 4,399 crore exposure to the company had been siphoned off.However, the judgement is still pending before the Principal bench of NCLT.NCLT said that alleged fraud reports will not have any impact # on the insolvency resolution process and JSW's resolution plan for BPSL.NCLT said that alleged fraud reports will not have any impact on the insolvency resolution process and JSW's resolution plan for BPSL.

But the climate for investment in Britain is now stormy, analysts say, and steel pension liabilities are the least of the government's worries.In an emailed statement, it said the Dutch spending was part of its long-term strategy drawn up several years ago to invest in equipment to supply, especially to car manufacturers, higher-strength steels with improved surface quality.7 million) and 300 million euros in IJmuiden. AA Tata STeel UK.A government overhaul of the British Steel Pension Scheme - crucial to convincing anyone to buy Tata's British assets – is in jeopardy after Britons' vote to leave the European Union deepened the fund's debts and depleted its assets, analysts and industry sources said. The FTSE rose around 2 percent on Wednesday, partly recovering from heavy losses. Tata Steel inherited the pension scheme when it bought Corus, formerly British Steel, for $12 billion in 2007. Due to current uncertainty, private investment in Port Talbot is unlikely," Ben Orhan, senior economist at IHS Global Insight Pricing and Purchasing, said.Pension trustees said they were in talks to assess the impact of last week's decision, which sources said already raised the risk Tata Steel's giant Port Talbot plant would be closed, destroying thousands of jobs.Britain's government has been trying to overhaul the British Steel Pension Scheme (BSPS), one of the nation's largest defined benefit plans, with 130,000 members.Even before last week's referendum, its 14 billion pounds ($18. Tata Steel has not disclosed financial details."The future of the steelworks is critical to those around Port Talbot and the wider UK steel industry.

Tata Steel says it has invested 1."The Port Talbot operation has never been further from viability.Hymans Robertson, which advises firms that sponsor schemes such as BSPS, estimated British pension liabilities had gone up by about 5 percent -- or several hundred million pounds in the case of the steel pension fund -- since close of business on Thursday, because of the falls on stockmarkets and predicted fall in interest rates triggered by the British referendum.A spokesman for Tata said he couldn't comment on the latest funding for the BSPS, but like all pension funds, asset values moved up and down. But the 'Out' result means it is at the bottom of the priorities of those, who were working hard to save it.5 million pounds in Britain and a similar amount in the Netherlands since 2007.At least three of the seven bidders are still interested in buying Tata's British operations, industrial sources said, but they have also said Tata might decide to shut its loss-making Port Talbot plant in Wales and focus resources on its more successful Dutch plant at IJmuiden.Britain&heavy hex nut039;s government has been trying to overhaul the British Steel Pension Scheme, nation's largest benefit plans, with 130,000 members."This significant investment will further improve IJmuiden's competitive position as a manufacturer of world-class products for our most demanding customers," it said.On Tuesday, Dutch union leaders said Tata was investing between 200 million euros ($221.".79 billion) of liabilities exceeded its assets by roughly # 700 million pounds."The trustee and its advisers are working with stakeholders to understand what, if any, impact the outcome of last week’s referendum might have on the discussions regarding the future of the scheme," the trustees said in a statement.jpeg Britain's government has been trying to overhaul the British Steel Pension Scheme, nation's largest benefit plans, with 130,000 members

It said the commerce ministry hexagonal nut39;s dumping investigation arm --  Directorate General of Anti-Dumping and Allied Duties (DGAD) -- concluded that these items were dumped in India resulting in material injury to domestic industry.Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry. Essar Steel India, Steel Authority of India, JSW Steel Ltd and JSW Steel Coated Products had jointly filed the application for dumping probe.Cold rolled flat steel products would attract an anti- dumping duty equivalent to the difference between the landed value of steel products and USD 576 per tonne, it said. As a counter-measure, they come up with duties under the multi-lateral WTO regime. Tata Steel also manufactures cold rolled steel products.

Providing major relief to domestic players from below-cost imports, India has imposed anti-dumping duty on cold rolled steel products from Korea, Japan, China and Ukraine. The anti-dumping duty was imposed for a period of five years, the finance ministry said in a notification.Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.The application was also supported by Bhushan Steel Ltd.The government last week took similar measures on 47 hot rolled steel products from half-a-dozen nations, including China, Japan, Korea, Russia and Indonesia. The anti-dumping duty was imposed for a period of five years. They are not a measure to restrict import or cause an unjustified increase in cost of products.Countries initiate anti-dumping probe to determine if the domestic industry # has been hurt by flooding of below-cost import

The scientists found that all kinds of tree nuts would help to reduce the risk of getting the conditions. (Photo: Pixabay) A recent research has found that eating handful of nuts could cut the risk of coronary heart disease by nearly 30 percent, while also reducing the risk of cancer by 15 percent. Eating more than 20g a day didn't have any more benefits than simply eating the one handful."Adding

Even though nuts are quite high in fat, they are also high in fibre and protein, and there is some evidence that suggests nuts might actually reduce your risk of obesity over time. Some nuts, particularly walnuts and pecan nuts are also high China wholesale Hex Nuts Factory From China in antioxidants, which can fight oxidative stress and possibly reduce cancer risk."The researchers compiled data from 29 previously published studies, to find the healthy benefits of nuts.

Lenovo’s clever construction also ensures that the weight of the laptop is evenly spread out, making for a comfortable lap companion for longer sessions. Our unit was a full HD touch panel, which impressed us highly indeed. We recommend the ThinkPad X1 Carbon for those seeking a highly capable and efficient business notebook. The adequately-sized and designed keys make sure that key ghosting is kept to a minimal level. However, we wished Lenovo could have worked towards a higher stamina for the Carbon X1, considering the presence of the latest power efficient internals.When it comes to security, the ThinkPad X1 Carbon flaunts a duo of robust biometric verification systems.Battery:This is one area where we wished Lenovo could have put in more efforts. Heat management is impressive too, with the ThinkPad X1 Carbon managing to stay cool for extended sessions. The classic pointer nub is a helpful addition for finer adjustments of the cursor on the screen.9mm thickness puts it in the ultrabook category, despite sporting a heat vent. Lenovo gave the lineup a much-needed update for 2018 with the latest Intel Core processors and a host of refinements to please its clientele.5mm headphone jack and an Ethernet dongle port. The plastic chassis translates into a 1. The clever layout also makes sure that even the keys on extreme corners can be accessed without lifting the palms. And make sure you don&China Hex Nuts Suppliers39;t apply pressure when cleaning it. Conceptualised by IBM years ago, the brand stands for the most robust business laptops with all the conveniences considered thoroughly.

Overall, the ThinkPad X1 comes across as a really well-built laptop that has got the ergonomics spot-on while giving portability top priority.However, with rival brands such as Dell, ASUS, HP and Apple offering equally capable options at similar prices, what does the ThinkPad X1 Carbon possess to lure buyers towards itself, is what we found out when we ourselves hit that power button. The chiclet keys have higher travel, which aids in a satisfying typing experience. If you are personally looking for a no-nonsense reliable laptop, then the 6th Gen X1 Carbon is a great alternative to the likes of DELL XPS 13 and Apple’s 13-inch MacBook Pro, with its slim design and practical ergonomics.Design and Aesthetics:Unlike offerings from Dell and rivals, Lenovo has opted for a form factor that’s subtly stylish yet highly understated at the same time. Additionally, there’s a fingerprint sensor as well to help with identity verification. While Lenovo claims that up to 15 hours can be extracted from its power reservoir, we found the X1 Carbon to manage up to half of the claimed stamina under moderate usage. Even with Dolby Atmos Audio enhancements, it's advisable to plug in your headphones or connect to a Bluetooth speaker in order to have an enjoyable multimedia experience on the X1 Carbon.Display:The X1 Carbon comes with a narrow-bezel 14-inch IPS LCD panel, where users can choose between a full HD/Touch panel and a 2K standard/Dolby Vision HDR-enabled panel. Lenovo successfully takes the practical fundamentals of the ThinkPad series and beautifully fuses it with the modern-day conveniences of an ultra-portable notebook. We suggest you switch to power-saving modes whilst mobile to get the most out of a single refill.If you have been reading this piece, then chances are high that you must be a person from the IT department looking for the most capable and efficient work-focussed laptop with enhanced security built-in.