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Tata Steel Ltd. sued three of Sanjeev Gupta’s metal units for 7.9 million pounds ($11 million) over missed payments, piling more woes onto the embattled tycoon’s corporate empire.
The London lawsuit centers on the 2017 sale of Tata’s specialty steel business to Liberty House Group for 100 million pounds. Liberty told the Indian firm’s U.K. arm that it had run into difficulties as early as May 2020 when demand for steel was hit due to the pandemic, lawyers for Tata said in documents filed at the U.K. High Court.
Gupta’s business has been searching for funding after the collapse of Greensill Capital, its biggest lender. It looked to have secured a lifeline for his ailing steel business when terms were agreed on a 200 million-pound loan from White Oak Global Advisors LLC on Thursday.
Sweden s flag is seen near the Stockholm Cathedral in Gamla Stan or the Old Town district of Stockholm, Sweden, June 9, 2010. | Reuters/Bob Strong
Doctors at a prominent Swedish hospital that treats children suffering from gender dysphoria announced they will no longer prescribe cross-sex hormones or drugs that suppress puberty.Â
The Karolinska University Hospital said that as of April 1, puberty blockers would no longer be given to youth younger than 16. In the hospitalâs statement, first released in March outlining the policy change and later reported to English-speaking media Wednesday, the medical institution noted that the experimental measures have come under increased scrutiny in recent months amid rising numbers of youth patients being treated.
Meghan Markle wins last court copyright claim over letter to her father chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Fugitive diamond dealer Nirav Modi has filed an appeal in the UK High Court seeking permission to challenge the decision against the extradition order made by the lower court and passed by the UK Home Secretary.
The Derby, the Sheikh and the Missing Princess (Or: How Human Rights Became the Talk of a Horse Race) Pat Forde
The billionaire ruler of Dubai has spent a fortune pursuing Kentucky glory. In Essential Quality, Saturday’s favorite, he has his best chance but it comes at his ugliest moment.
The select yearling sale at Keeneland Race Course in Lexington, Ky., is where the world’s big players converge each year to throw staggering sums of money at thoroughbred racing dreams. Much of the most expensive horseflesh on the planet is paraded through a pavilion at the bucolic track in the Bluegrass region, with high rollers from the U.S., Europe, Asia and the Middle East silently signaling bids that can run well into seven figures. And it was at the Keeneland sale some 20 years ago that the world’s most aggressive equine purchaser probed the world’s hottest trainer on the question that was consuming him: “What does it take to win the Kentucky Derby?”