Turnaround

CG Power today is worth over Rs 1 trillion and is considered among one of the most successful corporate turnaround of recent years

Alvarez & Marsal plans big bet on India; to grow senior team 3x in next two-three years

The consulting firm, which has only recently invested in building a global capability centre in India, is also looking to scale up that team to 1,500 individuals over the next four to five years.

HCC: The perfect candidate for a turnaround in the infra space

At current market capitalisation of Rs 3,585 crore, its stock is trading at 14.3 times its FY19 estimated earnings which is quite attractive

Plan to turnaround the company, close loss-making stores, says Archies CEO

Working on a complete turnaround of the company, says Seshan Ranganathan, CEO of Archies.

Demonetisation to impact real estate market till March 2017: Hiranandani

Commenting on reports of a likely huge slide in prices of property in the coming months, due to the anti-black money drive of the union government, Niranjan Hiranandani, managing director of the Hiranandani Group &#82

Spurt in defence revenues may raise margins: Premier Explosives

The company saw a turnaround, reporting a net profit of Rs 1.7 crore in the first quarter of FY17 as against a loss of Rs 1.5 crore in the same period last year.

MTNL to submit revival plan to DoT by August

State-run telecom firm MTNL will submit its revival plan to the Department of Telecommunications (DoT) by August this year which aims to bring the loss making public sector undertaking (PSU) out of the red.

Wall Street weekahead: Is a turnaround near?

As US stocks continue to struggle in 2016, equities are showing some signs selling pressure may be reaching an end.

FY17 to be a turnaround year: Sadbhav Infra Projects

Sadhva Infra's Director Nitin Patel says the company recently got approvals for four special purpose vehicles, and also a reduction of 120-130 basis points on its loans from lenders. The company's total debt stands at Rs 6600 crore, and these cuts are expected to save the company around Rs 60 crore.

JetLite to merge with parent carrier Jet Airways

The Naresh Goyal-promoted Jet Airways today said its board has approved merger of the low-cost subsidiary JetLite with the parent airline.

PSUs have opportunity to re-invent under Modi: NTPC founder

The former NTPC boss says PSUs must work with a "project management mindset to ensure performance that is in-time, within budget and of the highest quality".

Oil is back on the rise, and traders try to predict a top

A quiet consensus appears to be coalescing in the oil market, as some traders now expect mild gains for crude through the summer — and into the rest of the year.

Planned turnaround at Nagothane manufacturing site: RIL

Reliance Industries Ltd. (RIL) has scheduled a planned turnaround at its Nagothane manufacturing site. The cracker and some of the downstream units will be shut for approximately four weeks, starting around mid-January 2015.

AI to get Rs 6000cr capital infusion from govt this fiscal

State-owned Air India will get around Rs 3,000 crore more in the later part of this fiscal from the government towards capital infusion and the ailing carrier is expected to make perational profits from the next financial year, a top official of the Ministry of Civil Aviation said.

Will Air India chairman Rohit Nandan's term extension help?

Nandan took over as chief of the carrier in August 2011, in a financial year when its losses had widened to Rs 7,559 crore, and was given a three-year term.

SpiceJet still needs funds as turnaround takes hold: COO

Battling competition in an industry plagued by some of the world's steepest operating costs and cheapest fares, SpiceJet plunged to a first-quarter net loss of 1.24 billion rupees (USD 20 million) in April-June. This followed a record loss in the year to March 2014.

India goes from fragile to fabulous

Both benchmark indices, the Sensex and the Nifty, swooned last year on fears a tapering of asset purchases by the Federal Reserve will trigger an outflow of funds from the market, falling to year-lows in September.

Preview: Will Wipro maintain growth momentum in Q3?

A CNBC-TV18 poll of analysts expects the company to notch up operating profits to rise 5.7 percent to Rs 2,393 crore compared to Rs 2,264 crore in the previous quarter. Revenues are expected to go up to Rs 10,332 crore versus Rs 10,068 crore, an increase of 2.6 percent.

Will cut Rs 250cr debt by Q4 via sale of 4 projects: Orbit

Orbit Corporation feels that high interest costs have hurt the company's performance till now. The company will now focus on paring debt to reduce the interest costs going forward.

Weak macros key worry for Indian market: PN Vijay

Macro concerns are key triggers behind the recent market fall, says P N Vijay, portfolio manager. Talking to CNBC-TV18, he says that people are very worried about the country‘s current account deficit (CAD), gross domestic product (GDP) growth and the negative index of industrial production (IIP) growth.

Ease of doing business in India needs improvement: Godrej

With Adi Godrej set to hand over the post of president of CII to Kris Gopalakrishnan, Shereen Bhan caught up with the two business leaders and asked them their views on the economis and the political scenario

Domestic aviation sector may see recovery in Q3: Report

The struggling domestic aviation sector is likely to see a recovery in the third quarter on the back of a stronger domestic currency and temporary shutdown of Kingfisher Airlines, among others, according to a report.

TVS Motors expects to bounce back with new launches

New launches, cost and platform rationalization is what TVS Motors is betting on to script a turn around and regain the No. 3 spot it lost to Honda.

Yahoo set for growth post management reshuffle: Analysts

Yahoo Inc's sweeping out of its chief executive and settling of a proxy fight with an investor open a path for stable growth for the troubled company, analysts said.

Motherson Sumi has 11 new plants in the offing

Speaking to CNBC-TV18, VC Sehgal, vice-chairman of Motherson Sumi, says that the sales for the company is ‘up phenomenally’ on a year-on-year basis for Q4. The company also has 11 major plants coming up this year, he says.