Raut said there is a need to restructure the UPA, and the new alliance should be led by a leader like Sharad Pawar as many regional parties are not ready to work under the leadership of the Congress TopicsSanjay Raut|UPA|Sharad Pawar Shiv Sena leader Sanjay Raut on Sunday said there is a need to restructure…
Bidvest is disposing of its car rental business Bidvest Trading and distribution group Bidvest has reported a trading profit increase, as its “portfolio clean-up” nears its conclusion. The company, which owns brands like Waltons and Cellini Luggage, also has pharmaceutical, industrial, financial services, freight, travel, and automotive businesses. It began its restructuring process with the…
PARIS–(BUSINESS WIRE)–Regulatory News: Europcar Mobility Group2 (Paris:EUCAR) announces today the finalization of its balance sheet restructuring, thanks to the successful completion of the final steps of the accelerated financial safeguard plan approved by the Paris Commercial Court on February 3rd, 2021. This will enable the Group to accelerate the implementation of Connect, its strategic roadmap,…
Jirsch Sutherland In just 30 days, JobKeeper comes to an end. And national, independent business turnaround and insolvency firm Jirsch Sutherland is urging struggling businesses to act now and seek help while theres still time. JobKeeper has been a godsend for many businesses and while many no longer need the support, there are still countless…
Chief executive Tim Ford said on Friday that restructuring in China had followed the provisional tariffs imposed by the government in Beijing. The introduction of provisional measures imposed on Australian wines by the Chinese government as part of its investigations, which remain ongoing, have required TWE to adjust our operating model in China, he said.…
Akamai Technologies Indias global content delivery network, cybersecurity, and cloud service company has announced a major restructuring plan. Under the plan announced, Akamai is realigning into two business groups Security and Edge Technology, effective March 1st, 2021. These two groups will be driven and supported by a single Global Sales unit. Overall, the Akamai restructuring…
image copyrightGetty Images Asda says it has begun consulting with workers over a major restructuring of the business which could put about 5,000 jobs at risk, including 3,000 non-store jobs. Proposed cuts would include in areas such as cash management, where there is less work as more people shop online. The company said it planned…
MARYVILLE, Tenn.–(BUSINESS WIRE)–Feb 24, 2021– Ruby Tuesday today announces its successful emergence from bankruptcy. A Delaware bankruptcy judge confirmed the casual dining restaurant chains Chapter 11 plan of reorganization on February 17. The company had sought bankruptcy protection on October 7, 2020. The bankruptcy allowed Ruby Tuesday to shed liabilities, including leases from closed locations…
KPMG has entered exclusive talks about a 400m sale of its UK restructuring business in a deal that could be spearheaded by one of the most prominent figures in the UK accountancy profession. Sky News has learnt that HIG Europe is in detailed negotiations to acquire the business, which will represent the most valuable disposal…
EPIC Insurance Brokers and Consultants has announced a number of organizational and restructuring changes across the company. Tom ONeil has been named president of EPIC. In this role, he will work directly with EPIC CEO Steve Denton to grow the business across its entire platform. ONeil previously led the companys West and Northwest regions and…