You Searched For "financial restructuring" and got 18 results
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2 mins read
Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
3 mins read
Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'
In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…
Lian Kit Wee
1 min read
Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise
Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…
4 mins read
I financially support my husband while he takes care of our house. Being a female breadwinner can be stressful, but it's my greatest achievement.
Ellen Yin runs her own media business while her husband manages their household. The arrangement wo…
Kimanzi Constable
1 min read
Ray Dalio says the financial system will need 'big restructurings' soon as debt burdens become unsustainable
The current cycle is when "the tightening to fight inflation is causing a cracking in the financial…
Phil Rosen
5 mins read
Jack Altman led his software unicorn Lattice through blitzscaling and a restructuring. Now he's stepping back at a crucible moment for tech.
Jack Altman tells Business Insider exclusively that he wants to return to building at the early sta…
Melia Russell
3 mins read
Ten commandments of financial planning
Mutual Fund Sahi Hai is a campaign we often come across in various media channels. While it is true…
2 mins read
Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.
Fraud allegations deepen crisis for Chinese real estate giant Evergrande, which is already in liqui…
Huileng Tan
2 mins read
Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta
Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…
Huileng Tan
1 min read
Lyft, Deloitte announce layoffs amid global meltdown
More layoffs were announced this week as global financial consulting firm Deloitte reportedly told …
2 mins read
Country Garden, one of China's real-estate behemoths, could look at restructuring its debt after missing key interest payments this week: JPMorgan
Country Garden issued a profit warning on Thursday that is likely a "prelude to an ultimate credit …
Huileng Tan
3 mins read
Insiders describe 'complete chaos' at Oracle following layoffs and restructuring
Inside Oracle's layoffs, potentially impacting thousands — those who haven't yet been laid of…
Jordan Parker Erb
2 mins read
Alibaba shares surged 16% on hopes that the Chinese tech giant's restructuring means Beijing's tech crackdown is finally ending
The Hong Kong Stock Exchange-listed Alibaba shares closed 12% higher, while shares of its major sha…
Huileng Tan
3 mins read
Miss Universe's new parent company was meant to revive the struggling pageant, but now its facing its own financial woes
JKN Global Group bought Miss Universe for $20 million in 2022. A week before the 2023 pageant, it f…
Samantha Grindell,Anneta Kons…
3 mins read
Cannabis org The Parent Company establishes restructured partnership with Jay-Z's Roc Nation and SC Branding
The Parent Company and Jay-Z's Roc Nation and SC Branding have established a revised strategic agre…
John Lynch
2 mins read
China's government is stepping in to help Evergrande deal with its debt, as it has with previous large-scale corporate clean-ups
This comes after Evergrande said in filing to the Hong Kong Stock Exchange there was "no guarantee"…
Huileng Tan
2 mins read
Future Lifestyle Insolvency: RP receives claims of ₹2,155.53 cr from financial creditors
As per the provision of the Insolvency & Bankruptcy Code, a Committee of Creditors (CoC) of FLFL ha…