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Top News In Restructuring Diff Today - Breaking & Trending Today

PhonePe: PhonePe's Pincode exits non-food categories in ecommerce business rejig

PhonePe is restructuring its ONDC strategy by exiting several non-food categories. The Walmart-owned company unveiled its ecommerce venture Pincode on ONDC in 2023 offering grocery, food delivery, medicines, fashion and electronics among other categories on the network. ....

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WhiteOak Mutual Fund files draft with Sebi for Special Opportunities Fund

The scheme will be benchmarked against S&P BSE 500 TRI. The scheme will be managed by Ramesh Mantri, Trupti Agrawal, Dheeresh Pathak, Piyush Baranwal, and Shariq Merchant(overseas investments). ....

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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs, ET Auto

The company did not disclose how many employees were affected by the layoffs or which countries it is shifting roles to. As of September 2023, Adient had over 70,000 employees worldwide, with about 42% of them working in the Europe, Middle East and Africa (EMEA) region. ....

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