Restructuring

Dell Creates New Communications Unit

The new unit will focus on developing hardware and software for communications devices of 'various screen sizes'.

Bharti Restructures At Apex Corporate Level

The new structure will enable Bharti to engage functionally with its emerging businesses at a deeper level and empower its developed businesses.

Why banks need to recognise NPA problem at the earliest to preserve economic value of their assets

A careful analysis of the figures present by Mundra shows that while PSBs increased their profits (between 2012-13 and 2015-16) by 110% (see chart) Indian private sector banks increased their profits by 175%

Xerox's revenue falls on lower printer sales; expects $100 million in restructuring costs

Xerox Corp reported a 4.2 percent fall in quarterly revenue, hurt by lower sales of printers and copiers, and said it expects to incur about $100 million in restructuring costs in the second quarter.

Yahoo to look at strategic alternatives, cut 15% of workforce as it pursues spin-off

Yahoo Inc said it would consider "strategic alternatives" for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off.

Japan state-backed fund to support Toshiba's restructuring: Nikkei

A Japanese state-backed fund will help Toshiba rebuild its home electronics division and other operations by facilitating tie-ups with Sharp and others, the Nikkei reported.

Toshiba to discuss restructuring steps today

Toshiba Corp said it would discuss its restructuring measures and it may announce the impact on its business for this fiscal year ending March.

In major restructuring, StanChart to axe 15,000 jobs and raise $5.1 bn

The restructuring will cost $3 billion and Winters said he also plans to invest more than $1 billion over three years to improve its retail and private banking business

Meet Satya Nadella's new team: Stephen Elop out; Terry Myerson gets bigger role

As part of a new re-organisation, Elop is departing alongside other key Microsoft executives, including Kirill Tatarinov and Eric Rudder.

Root of corruption at FCI is procurement, but revamp panel’s suggestion is no solution

The panel's suggestions are major reforms; it is unlikely that the report will get implemented in a jiffy