Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
Reliance Industries Holdings will now directly own stakes in Reliance Ports & Terminals, Reliance Gas and Transportation and Reliance Utilities and Power.
In a restructuring mould, O P Jindal group company, Jindal Strips Ltd is planning to hive off its subsidiaries Jindal Holdings, Jindal steel and Alloy and Jindal Stainless (Mauritius) as separate companies.
While the government's intention is to revamp the country's rail network, a half-hearted attempt at creating a more efficient organisation could derail the whole process.
Before migrating into the theatre command concept, it would be worthwhile to study the shortfalls experienced by the Tri Services Command in the Andaman and Nicobar islands and make good the deficiencies, suggests Commodore Venugopal Menon (retd).
Saqlain Mushtaq has previously worked as a spin bowling coach with Bangladesh, West Indies and England, apart from serving as a consultant for PCB, Cricket Australia and New Zealand Cricket.
Ford Motors, one of the big three in the US auto industry, is planning to increase its market share at a time when its rivals -- GM and Chrysler -- are tackling bankruptcy and restructuring procedures.
Energy giant Royal Dutch Shell has come up with a major restructuring initiative which could affect as many as 24,000 jobs.
Technology evolution forces private players to downsize operations.
The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.
It plans to lower employment costs with the estimated reduction in employee numbers, about two-thirds of which are expected to be office-based white-collar roles - a majority expected at its Netherlands unit.
The company has four lenders -- State Bank of India, IDBI, ICICI and Canara Bank. According to the Reserve Bank of India norms, these loans would be declared as NPAs if the project is not financially restructured by March 31, 2009. The restructuring exercise includes a 50 per cent hike in the tariff for sale of power from the project, to be allowed by the Central Electricity Regulatory Commission. The project is expected to become viable after this.
Till March 2011, things were manageable.
The management, however, is a bit wary about near-term performance.
In an indication of easing financial stress among borrowers, the number of unsuccessful auto-debit requests through the National Automated Clearing House (NACH) platform declined in July, reversing a three-month trend that started with the second wave of the Covid-19 pandemic. According to the NACH data, of the 86.4-million transactions initiated in July, 33.23 per cent, or 28.7 million transactions, failed, while 57.7 million were successful. Compared to June, this is a significant improvement in bounce rates.
Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.
Will MBA hybrid model be the focus for B-schools? Should B-schools focus on long distance programmes?
The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt recast agreement in which loans valuing Rs 6,500 crore were restructured and converted into equity.
Combines UTV, Disney, Indiagames businesses to drive growth in mobile, online, interative TV
After the write-off of Rs 1,300 crore (Rs 13 billion) accumulated loss, Fiat India has embarked on a 'massive restructuring exercise' that would see the company launch new models, which includes hatchbacks Panda and Idea and sedan Albea.
'The announcement has come too late. This should have been done years ago.'
also made a case for the need to create a self-sufficiency fund for innovation, construction and manufacturing clusters to make use of the emerging opportunities in the wake of disruption in global supply chain.
Gitanjali Gems plans to hive off various businesses.
Tata Steel on Friday said it will cut 900 jobs in the UK as part of major restructuring of European operations to make the company an "all-weather" steel producer, capable of succeeding in difficult economic conditions.
This is evident in the firm's client addition and mining abilities, and also in its ability to stabilise employee attrition.
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
Cisco, which employs about 73,000 people worldwide, has warned against a 'challenging macro environment'
'The workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.
After 2015, all re-structured assets will be treated on a par with non-performing assets, requiring the same level of provisioning.
Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies.
Ajay Singh, one of the founder directors of Spicejet, has left the board of the low-cost airline, paving the way for restructuring of the company by its new owner Kalanithi Maran, the promoter of Sun TV.
The numerous integration measures have led to savings in areas including supply chain, technology, inventory management, and marketing.
Oil and Natural Gas Corporation may buyback within five years the 21 per cent equity lenders will have in the loss-making Mangalore Refinery and Petrochemicals Ltd after financial restructuring.
The 56-year-old German quit the Mumbai-based company after 18 months on the job, citing personal reasons.
