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TURNAROUND SPECIALIST
At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...- Diageo top executives to exit as CEO pushes for revampIn a bold transformation, Diageo is embracing a new era under the leadership of CEO Dave Lewis. With an eye for innovation, Lewis is execut...
- Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surgesChipmaker Cerebras is aiming for a significant valuation in its US initial public offering. The company's advanced AI chips are in high dem...
- ET Exclusive | Sun Pharma set to acquire Organon for $12.5 bn, its biggest till dateUS company’s board meeting is happening this weekend to finalise decision; an announcement is imminent later tonight or by Monday. Mumbai H...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- German turnaround specialist Mutares plans $250 mn India-focused fundMunich turnaround specialist Mutares plans to launch a $250 million India-dedicated fund to acquire underperforming companies in manufactur...
- A&M planning to hire senior execs to expand corporate finance practiceAlvarez & Marsal (A&M) is bolstering its corporate finance team in India, appointing Mohit Khullar as managing director. A&M plans to doubl...
- Former Sri Lankan Airlines CEO Vipula Gunatilleka appointed as Jet Airways CFOPrior to joining SriLankan Airlines, Mr Gunatilleka was the CFO & Board Member of TAAG Angola Airlines from November 2015 to July 2018 unde...
- HSBC looks to tap IBC opportunityAlmost $100 billion assets are likely to be put on sale in the next three months to two years or so.
- Tech startups dramatically changing business intelligence in recruiting: SurveyNearly 66% stated they are using technology-led recruitment platforms while 75% stated they are also partnering with executive recruitment ...
- Top consultancies hunt for turnaround specialists in bid to tackle stressed assetsNew central bank rules allow banks to take control of repeated defaulters by converting debt into equity stake and recover the arrears by s...
- Consultancies like Alvarez and Marsal, EY, Deloitte bank on the turnaround businessConsultancy firms are looking to expand their practice in the turnaround business after RBI gave more teeth to banks to manage stressed ass...
- Consultancies like Alvarez and Marsal, EY, Deloitte, KPMG step up turnaround focus as banks go tough on NPAsDeloitte is expected to hire more people to look into operational turnaround. A senior executive at Deloitte confirmed this.
- Banks, PEs queue up for turnaround experts to optimise performance of companiesEY, for instance, is working for companies like BSE-listed Hyderabad-based IVRCL; Accenture is involved with Tata Motors; A&M is engaged wi...
- Meet Dinesh C. Paliwal, the turnaround specialist who transformed Harmon InternationalHaving had a storied career at ABB, when Paliwal accepted the top job at Harmon International, the company was in dire straits with costs r...
- Tesco appoints Unilever's Dave Lewis as new CEO"The overall market is weaker... this means that sales and trading profit in the first half of the year are somewhat below expectations."
- Dubai World's turnaround specialist is heading outDubai's government says the turnaround specialist hired to manage the restructuring of the city-state's Dubai World conglomerate is leaving.
- Turnaround specialist Wilbur L Ross joins IFCI raceFamed stressed-assets buyer, Wilbur L Ross has sensed an opportunity in Industrial Finance Corporation of India that has Rs 6,000 crore wor...
- Turnaround specialist Singh quits as JSW MDThe resignation of Mr Singh, credited for a number of turnarounds in his previous associations, could be a setback for the Sajjan Jindal-le...
- Mall doctors wait for patients'Turnaround specialists' have arrived to take care of the malls that are likely to be in the sick bay.
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