Page 55 - Restructuring News Today

Embattled CIFI Holdings put forward a revamped proposal that offers creditors maturity extensions with different haircut levels or partial equitisation.

With this, Vedanta has achieved the required consent from at least two-thirds of the bondholders to proceed with the restructuring plan

Toyota Kirloskar Motor on Wednesday announced senior management changes to align with the recent regional restructuring by parent company Toyota Motor Corporation integrating India into its Middle East, East Asia & Oceania Region operations and slotting the country to act as the hub of the new geography.

Toyota Kirloskar Motor on Wednesday announced senior management changes to align with the recent regional restructuring by parent company Toyota Motor Corporation integrating India into its Middle East, East Asia & Oceania Region operations and slotting the country to act as the hub of the new geography.

Shares in Xerox Holdings dropped sharply on Wednesday morning in New York after the American digital printing and office solutions group unveiled a "reinvention and operating model evolution" which will see it cut 15% of its workforce.

The agency continues its strategic restructuring in Asia as well as globally, anticipating a 'small single-digit' revenue dip for H2 in soon-to-be-announced earnings.

Often referred to as

Qatar Chamber announces restructuring of Real Estate Committee

Ravi Jakhar says: “Until the Red Sea disruptions get diffused, we will have to route the sailings via Cape of Good Hope, which means additional transit time, somewhat additional costs, and there would also be a bit of an increase in the war risks surcharges as the insurance costs go up. So, there will be a bit of a cost escalation. But from a volume standpoint, we do not see much impact.”

Startups have been the worst hit this year since the highs of aggressive hiring from 2021, data from Longhouse Consulting shared exclusively with ET showed.