The Supreme Court’s decision to overturn JSW Steel’s acquisition of Bhushan Power & Steel has shaken India’s insolvency resolution framework. This ruling raises concerns about the finality of IBC deals, potentially deterring global financial investors from the distressed asset market due to increased legal uncertainty.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG