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A Welcome Recall

Financial Express Hyderabad

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August 02, 2025

SC should penalise those who tried to game the system in the BPSL case, but liquidation is certainly not an option

The Supreme Court’s (SC) decision to recall its May 2 judgment that had ordered the liquidation of Bhushan Power and Steel (BPSL) is a significant positive outcome for the Insolvency and Bankruptcy Code (IBC) and the overall framework for stressed asset resolution in India.

The top court’s decision to hear the case afresh on August 7 acknowledges the implications of the earlier judgment on thousands of BPSL workers; on a company that has been turned around to a profitable and healthy going concern; and on investor confidence in the insolvency process.

It’s also a realisation on the part of the apex court that on economic and commercial issues, it should consider the unintended consequence of its decisions.

Financial Express Hyderabad से और कहानियाँ

Financial Express Hyderabad

TN stampede: CBI quizzes TVK chief Vijay for 6 hours

ACTOR-POLITICIAN TO BE CALLED AGAIN BY PROBE AGENCY

time to read

1 mins

January 13, 2026

Financial Express Hyderabad

Maruti to invest ₹4,960 cr in 2nd Gujarat plant

MARUTI SUZUKI INDIA, the country's top carmaker, has received board approval to invest ₹4,960 crore in Gujarat to expand its manufacturing capacity, marking a significant step in its longterm growth strategy.

time to read

1 min

January 13, 2026

Financial Express Hyderabad

Retail inflation rises to 1.33% in Dec

THE RBI HAD, in its December monetary policy meeting, cut the inflation target for 2025-26 to 2% from 2.6% forecast earlier and delivered a 25 basis points cut in reporate to 5.25%.

time to read

1 min

January 13, 2026

Financial Express Hyderabad

Dmart Ready: focus on large cities

THE FIRM TO CROSS ₹4,000 CR IN ANNUAL REVENUE AT FY26-END

time to read

2 mins

January 13, 2026

Financial Express Hyderabad

Capex budget may rise to ₹12.5Lcr

Counter-cyclical step amid external headwinds, particularly US tariffs

time to read

1 min

January 13, 2026

Financial Express Hyderabad

Deutsche’s India business gets Kotak, Federal bids

THE BANK, WHICH currently operates branches in 16 cities in India, has been narrowing its focus in recent years on corporate banking and investment banking services for multinational and large domestic clients.

time to read

1 min

January 13, 2026

Financial Express Hyderabad

Gold and silver storm to records

GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.

time to read

1 min

January 13, 2026

Financial Express Hyderabad

Capex budget may increase to ₹12.5L cr

AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).

time to read

1 mins

January 13, 2026

Financial Express Hyderabad

Wheat sowing rises 2% to 33.4 million hectare

AREA UNDER COVERAGE for wheat rose 2% to 33.4 million hectares till January 9 of the ongoing rabi (wintersown) season, according to the government data.

time to read

1 min

January 13, 2026

Financial Express Hyderabad

Apple tops 2025 smartphone mkt

GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.

time to read

1 min

January 13, 2026

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