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Restructuring

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  • Tata Steel Netherland hopeful of completing restructuring by September

    The restructuring is expected to contribute an estimated Euro 180 million toward Tata Steel Nederland's targetted cost savings of Euro 500 million by FY26.

  • Ice cream maker Vadilal's shares surge 13% as promoter family settles tussle, recasts board to separate ownership

    The fourth generation of the promoters of Vadilal, the Gandhi family, have 'harboured diverse interests' and different ambitions, the company had said in a statement, implying varying perception of the 'strategic direction' of the group.

  • Ola Electric undertakes internal restructuring, cuts around 1,000 jobs

    This move comes after a similar downsizing in November 2024, which affected at least 500 employees.

  • Top-level rejig at Navi: Sachin Bansal to be executive chairman, appoints new CEOs

    Rajiv Naresh will be the CEO of Navi Technologies while Abhishek Dwivedi will be CEO of Navi Finserv Limited

  • Siemens demerger could create more room for value unlocking despite high valuation

    Siemens strategic shift with demerger of the energy business into a new entity aims to create two robust, independent listed entities with more focused business strategies.

  • Multi-billion-dollar Godrej family settlement won't attract tax: Sources

    The group has opted for the 'family arrangement' route under tax law, which is exempt from capital gains tax

  • Demerger will begin after government divests stake: Hindustan Zinc CEO

    Moneycontrol had reported last year that the government will dilute about 3.5 percent out of the total 29.5 percent stake via offer for sale (OFS) route

  • Tata Steel see clear skies for Europe operations in coming years post restructuring, says CEO

    Tata Steel CEO said the Netherlands unit is expected to see positive growth next year, while the company's UK operations will see an improvement in operational performance once restructuring measures are complete

  • Citigroup cuts over 300 senior manager roles in latest restructuring

    The workforce reductions, which the bank has said may continue around the globe into next year

  • Hind Zinc to evaluate corporate restructuring; stock zooms 6%

    Hindustan Zinc will also appoint external advisers to evaluate plans for a potential restructuring.

  • Evergrande signs restructuring agreement with major creditors

  • India seeking to restructure multilateral financial institutions like IMF, WB in its G-20 presidency: Kant

  • Event management platform Hubilo lays off 35% of its workforce

  • Disney warns restructuring could result in impairment charges

  • Distressed healthcare startup MFine merges with LifeCell International's diagnostics arm

  • Prosus-backed Good Glamm Group restructures business; to expand global ops

  • SoftBank-backed Unacademy lays off another 150 employees

  • Deloitte denies media reports on restructuring plans

  • Covid fight: Banks’ total restructuring pool surpasses Rs 1.5 lakh crore

  • Storyboard | Leadership changes at Dentsu linked to its ‘transformation’

  • Why the MSME subordinate debt scheme got a lukewarm response

  • Union Bank of India restructures loans worth Rs 15,927 crore under two recast schemes, majority in retail

  • Ideas For Profit | IndusInd Bank

  • Manappuram Finance auctions Rs 404 crore worth gold in Jan-March quarter

  • What can undermine Wipro's plan to catch up with its peers?

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