SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it
Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.
May 04, 2025•10 min
6
May 04, 2025•10 min
6
More in Business
Business
Tata Motors’ demerged CV business starts life on a tightrope
From net debt-free to billions in bridge financing, the Iveco acquisition means the automaker’s commercial vehicles business begins its independent journey on fragile financial ground.
You may also like
Business
Mumbai's worsening garbage crisis, and the company in the thick of it
The Kanjurmarg landfill, operated by Antony Waste Handling Cell Ltd., is safe from the axe for now. But its fate remains a major source of worry for the company's shareholders and the city's residents alike.
Business
The hunt for greener steel stutters
ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.
Business
Airtel’s performance lets it swat away AGR setback
The apex court’s quashing of its over $4 bn relief request did little to dim the telco’s stellar all-round show in FY25 or the market’s love for the stock.