News for 'company restructuring'

LIV Golf Files For Chapter 11 Bankruptcy, Plans Restructuring

LIV Golf Files For Chapter 11 Bankruptcy, Plans Restructuring

Rediff.com9 Sep 2026

Professional men's golf league LIV Golf has filed for Chapter 11 bankruptcy in New Jersey, aiming to restructure its business with a $49.6 million loan from Saudi Arabia's Public Investment Fund.

Internal Strife Rocks Hockey India Amidst Jersey Row And HIL Restructuring Plans

Internal Strife Rocks Hockey India Amidst Jersey Row And HIL Restructuring Plans

Rediff.com7 days ago

Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily stemming from an unauthorised jersey colour change. An emergent Executive Board meeting has been called to address this conflict, discuss the restructuring of the Hockey India League (HIL) into a joint venture with franchises, finalise election dates, and deliberate on hosting Asian Champions Trophy events. The meeting also aims to address a show-cause notice issued to the Director General.

Hockey India Executive Board To Meet Amidst Internal Strife And HIL Restructuring Talks

Hockey India Executive Board To Meet Amidst Internal Strife And HIL Restructuring Talks

Rediff.com7 days ago

Hockey India is set to hold an emergent Executive Board meeting on September 18 to address a deepening internal controversy involving President Dilip Tirkey and Secretary Bhola Nath Singh, stemming from a jersey colour change. The meeting will also focus on restructuring the Hockey India League (HIL) to create an independent Governing Council with franchise involvement, and discuss upcoming elections and Asian Champions Trophy hosting.

EPF Ceiling Hike: Who Pays More?

EPF Ceiling Hike: Who Pays More?

Rediff.com16 hours ago

EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.

Oracle Layoffs: 'He worked through Holi and Diwali... then locked out'

Oracle Layoffs: 'He worked through Holi and Diwali... then locked out'

Rediff.com7 days ago

A LinkedIn post by Pooja Sahu, detailing her husband Sourabh's sudden layoff from Oracle after 12 years of dedicated service, including working through holidays and even from a hospital, has gone viral, capturing the emotional toll of the tech giant's latest job cuts.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

Tata Listing Battle Enters New Phase

Tata Listing Battle Enters New Phase

Rediff.com15 hours ago

Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.

Hockey India row deepens as Tirkey blocks key meeting

Hockey India row deepens as Tirkey blocks key meeting

Rediff.com7 days ago

Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.

Tirkey, Bhola Nath face off as Hockey India crisis grows

Tirkey, Bhola Nath face off as Hockey India crisis grows

Rediff.com7 days ago

Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily over a controversial jersey colour change and the authority to call emergent meetings. An upcoming Executive Board meeting aims to address these differences, discuss the future of the Hockey India League (HIL) including its restructuring into a joint venture, finalise election dates, and deliberate on hosting Asian Champions Trophy events.

Jaguar Land Rover announces global job cuts, aims for significant savings

Jaguar Land Rover announces global job cuts, aims for significant savings

Rediff.com7 Sep 2026

Tata Group's British luxury carmaker Jaguar Land Rover (JLR) announced plans to reduce its global workforce by approximately 4,000 roles over the next two years, aiming for 1.7 billion in savings to enhance sustainable profitable growth and invest in future technologies.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com8 May 2026

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Samsung India begins job cuts; trims workforce at senior level

Samsung India begins job cuts; trims workforce at senior level

Rediff.com8 Sep 2026

Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

Rediff.com6 days ago

The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

Russia controversy derails Andrea Pirlo's Italy hopes?

Russia controversy derails Andrea Pirlo's Italy hopes?

Rediff.com26 Jul 2026

Andrea Pirlo's potential appointment as Italy's head coach is facing significant political opposition due to his commercial ties as a global ambassador for Russian betting company Fonbet, with Italian parliamentarians and football federation figures expressing concerns.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

EPF Scheme 2026: What's Changed for You?

EPF Scheme 2026: What's Changed for You?

Rediff.com3 Jul 2026

For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.

Why Such Fuss About Tata Sons Listing!

Why Such Fuss About Tata Sons Listing!

Rediff.com14 Jul 2026

In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

Markets await clarity on Jio IPO plans, AI, data centre strategies

Markets await clarity on Jio IPO plans, AI, data centre strategies

Rediff.com18 Jun 2026

Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

Why hospital stocks are thriving despite broader market dips

Why hospital stocks are thriving despite broader market dips

Rediff.com28 May 2026

Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

Oracle lays off 12,000 staff in India; another round likely

Oracle lays off 12,000 staff in India; another round likely

Rediff.com1 Apr 2026

US-based IT firm Oracle has reportedly laid off approximately 12,000 employees in India, with further layoffs expected. The company cited organisational changes and streamlining of operations as reasons for the retrenchment.

What Oracle Layoffs Signal For Techies

What Oracle Layoffs Signal For Techies

Rediff.com2 Apr 2026

For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

Equestrian Federation Governance Reforms Face Lengthy Delays

Equestrian Federation Governance Reforms Face Lengthy Delays

Rediff.com21 May 2026

The Ad-Hoc Committee appointed to run the Equestrian Federation of India (EFI) has informed the Delhi High Court that governance reforms and elections may take longer than initially planned. The committee cited statutory requirements under the new sports law and delays in gaining full control of the federation as reasons for the extended timeline.

What Satya Nadella's Leadership Style Teaches Us

What Satya Nadella's Leadership Style Teaches Us

Rediff.com20 May 2026

A leader can spend authority on themselves -- on appearing decisive, on appearing in control, on appearing irreplaceable. Or they can spend it on the people around them -- on giving them the ball back, on creating conditions in which other people's confidence and capability can grow. Over a long enough horizon, the second compounds in a way the first never does. And that's exactly what Microsoft Chairman and CEO Satya Nadella has done.

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

Rediff.com29 Apr 2026

Micro, small and medium enterprises (MSMEs) have expressed significant concerns regarding the labour ministry's recent clarifications on labour codes, citing ambiguity in wage calculation and implementation, which they argue creates interpretational and operational challenges for employers.

TCS made 25,000 fresher offers for FY27; future hiring depends on demand

TCS made 25,000 fresher offers for FY27; future hiring depends on demand

Rediff.com12 Apr 2026

Tata Consultancy Services (TCS) has extended 25,000 offers to freshers for the current fiscal year (FY27), with future hiring decisions contingent on the demand scenario, according to CEO K Krithivasan.

How AI Can Help Retailers Track Sustainability Preferences

How AI Can Help Retailers Track Sustainability Preferences

Rediff.com26 Apr 2026

Researchers have developed an AI-enabled framework to help retailers understand and respond to changing consumer sustainability preferences. The framework uses machine learning to identify consumer segments in real time and translate analytics into business strategies.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

Rediff.com10 Apr 2026

Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Tata Sons Delays Decision on Chandrasekaran's Third Term

Tata Sons Delays Decision on Chandrasekaran's Third Term

Rediff.com24 Feb 2026

The Tata Sons board has deferred a decision on the re-appointment of Natarajan Chandrasekaran as Chairman, signaling potential differences within the group. Concerns were raised about losses in certain group companies and the listing of Tata Sons.

Apollo eyes 20-23% growth in new co; says restructuring to unlock value

Apollo eyes 20-23% growth in new co; says restructuring to unlock value

Rediff.com2 Jul 2025

Apollo Hospitals Enterprise Ltd (AHEL) on Tuesday said its ongoing restructuring aims to unlock the value of its omni-channel pharmacy and digital businesses, while enhancing shareholder returns. The newly-formed entity is expected to achieve a year-on-year growth rate of 22-23 per cent, driven by the e-pharmacy segment and other business verticals, with a revenue target of Rs 25,000 crore by the financial year 2027.

AI Skills Enter Employee Performance Reviews

AI Skills Enter Employee Performance Reviews

Rediff.com11 Mar 2026

The message is becoming clearer: Employees who fail to meaningfully integrate AI into their work risk falling behind in performance assessments.