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4 mins read

This multibagger is charting a growth path after escaping a debt trap

Usha Martin's stock has surged over 130% in the past year, with analysts still optimistic about its…

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3 mins read

Trucking giant Yellow declares bankruptcy after nearly 100 years in business

Yellow, one of the country's largest less-than-truckload carriers, has roughly 30,000 employees.

Associated Press   


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3 mins read

MSMEs with bank loans due up to Rs.50 crore can get their loans restructured

The second iteration of RBI’s restructuring offer was originally introduced in early May but was…

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2 mins read

Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says

The US bank has held talks with potential asset management companies and private equity firms, but …

Shalini Nagarajan   


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1 min read

We updated our Netflix org chart — including new top advertising, gaming, and marketing leadership — after a year of layoffs and restructuring

After a year of layoffs, exec exits, and restructuring at Netflix, we updated our exclusive chart o…

Ashley Rodriguez   


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2 mins read

TikTok has reportedly begun laying off staff as part of a company-wide restructuring

TikTok reportedly started staff cuts as part of a global restructuring. Execs had previously projec…

Ashley Rodriguez,Dan Whateley   


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1 min read

Byju's brings former Grad chief Arjun Mohan onboard as CEO for international business

Edtech major Byju's has appointed upGrad's former chief Arjun Mohan as its CEO for international bu…

PTI   


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3 mins read

CEO David Solomon is restructuring Goldman Sachs again. Here's who wins — and who loses — from the leadership reshuffle.

Goldman Sachs's third restructuring in four years comes as insiders have been questioning Solomon's…

Michelle Abrego   


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2 mins read

Lifelong Group-led consortium acquires troubled car servicing startup GoMechanic

Auto components maker Lifelong Group on Wednesday said it has acquired stressed automobile after-sa…

PTI   


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2 mins read

SBI received restructuring requests for over ₹6,000 crore in October — expects that to more than double over the next three months

India’s largest lender is the first to reveal its restructuring numbers. At the end of October, it …

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2 mins read

Dentsu Creative appoints Ajay Gahlaut as Group Chief Creative Officer

Dentsu India initiated the formation of a new structure for its Creative service line in June this …

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3 mins read

FCB Group India announces organisational restructuring and key elevations

FCB Group India has also appointed the next level of leadership for each of its agencies

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3 mins read

Supreme Court reserves verdict on extension of loan moratorium period

The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…

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2 mins read

Corporate restructuring needs could surpass 2008 levels amid a surge in junk debt, BlackRock says

Sub-investment grade debt outstanding has more than doubled to $5.3 trillion since 2007, more recen…

Ben Winck   


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1 min read

Whole Foods plans layoffs as part of reorganization involving merchandising, operations, HR, and tech teams

The company said it expects layoffs to impact a small percentage of employees and won't involve cut…

Tyler Sonnemaker   


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3 mins read

Coping with Covid-19 disruption by restructuring digital engagement in 2021

Prashant Puri, Co-Founder & CEO, AdLift on mapping strategies for the new normal

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2 mins read

Nokia to fire 10,000 employees globally over the next two years as it shifts investments to 5G, cloud and digital infrastructure

Nokia has announced it will lay off 10,000 employees in the next two years as part of its restructu…

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3 mins read

One-time loan restructuring dilemma - RBI won’t commit, and India Inc won’t stop asking for it

RBI’s dilemma is choosing between what former governor Raghu Rajan once called “deceptive bankin…