restructuring
Finance
Yes Bank gives nod for sale of NPA portfolio to JC Flowers
Private lender Yes Bank's board has approved the transfer of stressed assets worth ₹48,000 crore to private equity firm JC ......
People
Unacademy to trim complimentary meals, salaries to focus on profitability
Edtech unicorn Unacademy founder Gaurav Munjal informed his employees that the company will resort to cost restructuring where a global ......
Consumer
Good Glamm Group to restructure business, expand international footprint
Content-to-commerce unicorn, The Good Glamm Group, on Tuesday announced business restructuring with the setting up of three divisions to create ......
Finance
Piramal Enterprises forms joint venture with Bain for asset reconstruction biz
Piramal Enterprises Ltd said on Thursday it has entered into a joint venture agreement with Bain Capital Credit India Investments ......
Finance
Avista Advisory prepares blueprint for debt fund business
Singapore-based investment banking advisory firm Avista Advisory Associates Pvt. Ltd is planning to launch a debt fund business to take advantage ......
TMT
Infosys to rejig operations, split into smaller business units
Infosys Ltd, the country’s second-largest IT services company, is restructuring its operations and splitting itself into 12 to 15 smaller ......
General
Piramal ties up with Bain Capital to invest in stressed assets
Piramal Enterprises Ltd has tied up with Bain Capital Credit to jointly invest in distressed assets in India, as the ......
Food & Agri
How Aristrocrat whisky maker is turning the corner
Jagatjit Industries Ltd, the maker of Aristocrat and AC Black whiskeys, is banking on its restructuring initiatives to sustain the ......
General
Edelweiss ARC names Sumanth Cidambi CEO of turnaround unit
Edelweiss Asset Reconstruction Company Ltd has appointed Sumanth Cidambi as the chief executive officer of a new business that will ......