Turnaround News

Infiniti Retail, operator of Croma, has achieved operational profitability in FY26 with a profit of ₹159 crore, significantly narrowing losses and reporting a t

Nike brought back 32-year veteran Elliott Hill as CEO to revitalize the $60 billion brand, but nearly two years later, its turnaround remains a challenging and

Air India is reportedly seeking approximately $1.5 billion in fresh equity from its owners, Tata Sons and Singapore Airlines, to support its turnaround efforts

Estée Lauder Cos. reported quarterly results that surpassed estimates, ending a streak of three consecutive annual revenue declines and indicating momentum in t

Riverside Military Academy in Gainesville, Georgia, has entered a forbearance agreement after defaulting on debt obligations, signaling a turnaround effort.

Afcons' turnaround efforts are hindered by execution roadblocks such as payment delays and labor shortages, which are squeezing margins and delaying revenue con

Vodafone Idea (Vi) reported an addition of 0.3 million subscribers in Q1FY27, reversing years of losses, and narrowed its loss to ₹3,754 crore, though this incl

Japan's Honda reported strong financial results for its fiscal first quarter, with profit more than doubling compared to the previous year, marking a significan

Travis Perkins' shares have risen as the company's turnaround efforts have led to increased profits, despite a subdued sector and 'depressed' activity in the fi

UTI AMC is undergoing a turnaround under its new chief, Subramaniam, who took charge in February, after a decade of underperformance.

BSNL's core services revenue increased by 10% in Q1FY27, driven by government efforts to turn around the company.

Volkswagen CEO Oliver Blume stated that the company is seeking "more intelligent solutions than closing plants" as part of its turnaround efforts and has alread