Search Results for: restructuring

General Electric sacks CEO John Flannery; names H Lawrence Culp Jr as replacement

Tracing its roots to Thomas Edison, who invented the light bulb, the company grew along with the American economy.

Oct 2, 2018

Another Satyam in the making? Government moves to take control of debt-ridden IL&FS

The government has filed an application with the National Company Law Tribunal (NCLT) to remove the board of the company.

Oct 1, 2018

Cash-starved IL&FS wins shareholder approval for restructuring plan

A string of defaults by IL&FS in recent weeks have led to a series of rating downgrades on the company and its subsidiaries that house some of its debt.

Oct 1, 2018

IL&FS Annual General Meeting: Three-pronged strategy to return insolvent

The default of over Rs. 9000 crore by infrastructure company and its subsidiaries have triggered fears across all NBFCs of the country.

Sep 30, 2018

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

The pharmaceutical major had earlier moved IT, reporting, data and communication jobs to Poland and India to cut down costs. In 2017, Novartis boosted its India operations in Hyderabad, where it has more than 3,500 employees.

Sep 25, 2018

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

In the upcoming days, if Flipkart announces its new CEO at the group level, it will witness the fourth major change in leadership in as many years.

Sep 24, 2018

RCom to exit telecom, focus on realty: Anil Ambani

Ambani said there is a huge realty play opportunity that RCom's erstwhile corporate headquarters possesses.

Sep 18, 2018

Indian Army to get leaner; may cut manpower by 1.5 lakh over next five years

The money saved by shedding manpower will be used by the army to buy new weapons and other critically-needed equipment.

Sep 10, 2018

India's small to mid-sized renewable energy firms fighting consolidation wave

Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond markets, low tariffs and high debt besetting the sector.

Aug 22, 2018

Over 17,000 jobs at risk as UK's retail giant House of Fraser goes into administration

The fate of 169-year-old House of Fraser, which employs 17,500 people, was sealed when C.banner, a Chinese company, pulled out of a deal to pump in money in the business. Here are four things that went wrong for the retail giant.

Aug 10, 2018

Benelli back to life in India with Mahavir Group; to launch TRK 502, Leoncino, Imperiale 400

Benelli's previous partner in India, DSK group, ran into financial troubles last year and that led the future of the brand hanging in India. The company seems to have successfully overcome the situation by bringing Hyderabad-based Mahavir Group on board.

Aug 7, 2018

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Search Results for: restructuring

General Electric sacks CEO John Flannery; names H Lawrence Culp Jr as replacement

Another Satyam in the making? Government moves to take control of debt-ridden IL&FS

Cash-starved IL&FS wins shareholder approval for restructuring plan

IL&FS Annual General Meeting: Three-pronged strategy to return insolvent

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

RCom to exit telecom, focus on realty: Anil Ambani

Indian Army to get leaner; may cut manpower by 1.5 lakh over next five years

India's small to mid-sized renewable energy firms fighting consolidation wave

Over 17,000 jobs at risk as UK's retail giant House of Fraser goes into administration

Benelli back to life in India with Mahavir Group; to launch TRK 502, Leoncino, Imperiale 400

Army chief Rawat 'bans' golf for officers as men die at border posts: Will it boost army morale?

Probe into Chanda Kochhar debacle widens as ICICI reviews past loans

PDP begins course correction after MLAs dissent; Mehbooba Mufti to dissolve membership of top leaders

Dubai hits rough patch as markets slump; economic slowdown on the cards?

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]