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.
MF Picks: 13 smallcap stocks surge up to 115% in six months; 3 turn multibaggers
MFs are ramping up exposure to smallcaps, with 13 picks soaring up to 115% in six months and three turning multibaggers.