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restructuring

Bank

Go First Airlines Prepares to Resume Operations, Plans 152 Daily Flights

Nidhi Mishra -
Go First Airlines, currently under insolvency resolution, has informed the Directorate General of Civil Aviation (DGCA) that it is ready to operate 152 daily...
Bank

Government Considers Changes to MSME Prepackaged Scheme, Empowering IBBI

Nidhi Mishra -
The Indian government is contemplating revisions to the prepackaged scheme for Micro, Small, and Medium Enterprises (MSMEs), while also considering enhancing the authority of...
Business

Reliance Retail Initiates Layoffs as JioMart B2B Consolidation Begins

Nidhi Mishra -
Reliance Retail, one of India's largest retail chains, has commenced layoffs as part of its ongoing restructuring process amid the consolidation of its JioMart...
Business

Disney Announces Layoffs, 2,500 Employees Impacted in Third Round of Cuts

Nidhi Mishra -
In response to ongoing challenges brought about by the COVID-19 pandemic, Disney has announced its decision to lay off 2,500 employees in its third...
Bank

LinkedIn lays off 716 employees to ‘streamline ops’, exits China market,

Nidhi Mishra -
Professional networking platform, LinkedIn, announced on Thursday that it will be laying off 716 employees worldwide as it "streamlines operations" in response to the...
Bank

NCLT sends notice to SpiceJet on lessor’s insolvency plea, seeks reply

Nidhi Mishra -
The National Company Law Tribunal (NCLT) has issued a notice to SpiceJet on the insolvency petition filed by its lessor, Wilmington Trust SP Services...
Misc

G.M.’s Jobs Bank Poses a Challenge to the Automaker’s Survival

Nidhi Mishra -
General Motors' (G.M.) jobs bank, established in the 1980s, has become a significant obstacle for the automaker in its efforts to remain competitive. The...

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