27 Sep 2025 | 3 Mins Read
India's Top Court Upholds JSW's Bhushan Power Deal
Flipitmoney
India's top court upheld JSW Steel's 197 billion rupees ($2.2 billion) acquisition of Bhushan Power & Steel despite lenders' demands for additional payments. A three-judge bench, led by Chief Justice B.R. Gavai, rejected the lenders' claims and upheld the debt resolution process, quashing appeals to reject the deal.