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restructuring

Sim Racing Powerhouse Fanatec Slips Into Bankruptcy After Investor Stopped Payments

by Nevil Nickel
Sim Racing Powerhouse Fanatec Slips Into Bankruptcy After Investor Stopped Payments

Image: Fanatec It seems like July may be bankruptcy season in Germany following filings for insolvency by BBS, Recaro, and now Fanatec. The global sim racing giant has been racking …

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mid-cap stocks: Staying with stronger ones is always better option: 5 Mid-cap stocks from different sector with upside potential of upto 42%

by Mark McDuffie
mid-cap stocks: Staying with stronger ones is always better option: 5 Mid-cap stocks from different sector with upside potential of upto 42%

Synopsis In its lifetime every midcap company sees some headwinds. There are many examples from history which show the difference between the companies which have been able to survive and …

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Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

by Nevil Nickel
Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

Tata Motors is planning to hive off its vehicle financing subsidiaries under Tata Motors Finance Ltd by way of a merger with Tata Capital, to streamline its operations and deleverage …

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Godrej split: Godrej conglomerate split: How should investors play the listed entities?

by Mark McDuffie
Godrej split: Godrej conglomerate split: How should investors play the listed entities?

The family of 127-year-old Godrej Group, which has both the listed and unlisted entities, decided to split the conglomerate and operate as two entities — Godrej Enterprises and Godrej Industries. …

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Toyota Kirloskar Motor: Toyota Kirloskar Motor announces senior management rejig

by Nevil Nickel
Toyota Kirloskar Motor: Toyota Kirloskar Motor announces senior management rejig

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 …

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Reliance-backed delivery firm Dunzo to restructure, co-founder quits

by Mark McDuffie
Reliance-backed delivery firm Dunzo to restructure, co-founder quits

BENGALURU: On-demand delivery platform Dunzo said on Monday that one of its four co-founders, Dalvir Suri, would leave and the cash-strapped, Reliance Industries-backed startup also announced an organisation-wide restructuring from …

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Vedanta: Vedanta Resources’ bond restructuring plan faces resistance from investors seeking better terms

by Mark McDuffie
Vedanta: Vedanta Resources’ bond restructuring plan faces resistance from investors seeking better terms

Mumbai: Vedanta Resources’ (VRL) bond restructuring plan has met with some resistance from investors seeking better terms. The proposed plan suggests making a 50% upfront payment for the $1 billion …

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Wipro share price falls 2.5% on CFO exit

by Mark McDuffie
Wipro share price falls 2.5% on CFO exit

BENGALURU: Wipro’s share price slid 2.5% on the BSE following the surprise exit of its CFO Jatin Dalal on Thursday.Dalal’s departure after a two-decade innings with the company raises concerns …

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