Tag: "$2.3 billion deal"
Indian court's reversal of $2.3 billion deal casts shadow on bankruptcy law

Indian court's reversal of $2.3 billion deal casts shadow on bankruptcy law

World 17:29 08/05/2025

A decision by India's Supreme Court to quash a $2.3-billion steel industry deal six years after an insolvency tribunal approved it has unsettled buyers of distressed assets, throwing a shadow over one of the country's biggest reforms.