Vodafone Idea shares have surged about 30% in a month after a reduction in AGR dues and the return of Kumar Mangalam Birla as chairman. Reports that Vodafone Plc may consider a share transfer further added fuel. Still, analysts advise waiting for consolidation, saying the sharp rally may be fragile even as turnaround-focused investors take notice.
PVR INOX has reported a sharp turnaround, posting a net profit of ₹186 crore in the March quarter after last year’s losses. The company’s annual results were even stronger, with profit rising to ₹333 crore. Management attributes the recovery to blockbuster film performance, reflecting improved demand and momentum in cinema revenues.
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Intel’s shares have surged roughly 490% over the past year, fueling headlines about a dramatic comeback. But the move may reflect Wall Street’s optimism more than Intel’s pace of execution, suggesting investors are betting on a turnaround that could be unfolding more slowly than the stock implies.
Kumar Mangalam Birla has resumed his role as non-executive chairman of Vodafone Idea as the telecom firm attempts a turnaround. With government relief and planned $5 billion capex, Vi is looking to secure debt funding and target sharp growth in revenues and EBITDA, positioning itself for India’s digital future.
Harley-Davidson on Tuesday unveiled a fresh turnaround plan aimed at boosting motorcycle volumes by leaning into lower-priced models and strengthening its dealer network. The move comes as the company navigates changes under new CEO Artie Starrs, signaling a shift from premium-only demand toward broader affordability and wider retail execution to regain momentum.
Harley Davidson is unveiling a new turnaround plan, Back to the Bricks, aimed at reversing profit pressure by cutting costs and pushing more affordable motorcycles. The company also plans to strengthen its dealer network and roll out new offerings like the Sprint, alongside a revived Sportster. The effort targets cautious consumer spending amid broader economic strains.
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IndusInd Bank shares rallied about 6% after Q4 results pointed to a possible turnaround. Profit rose sharply, and asset quality appeared to stabilize, easing investor concerns. Jefferies and other brokerages raised target prices based on improving profitability and a credible recovery path, though some still warn that the market’s re-rating could take time.
Nike plans to eliminate about 1,400 roles in its global operations business, with technology teams hit the hardest, COO Venkatesh Alagirisamy said in an internal memo. The move is part of the final phase of a turnaround effort “to make Nike simpler and faster,” merging systems, streamlining structures, and reshaping infrastructure and supply-chain alignment. Managers will personally notify affected staff.
Starbucks is laying off workers in its technology division as part of a broader restructuring under new leadership. Some roles currently based in Seattle are expected to move to Nashville, with the company aiming to improve operations and boost sales. More workforce changes are anticipated as the turnaround plan ramps up.
Zivame, the early home-shopping lingerie brand launched in 2011, is still running losses in 2024 despite being backed by parent Reliance Retail. The question now is whether high customer acquisition costs, stiff competition, and operational inefficiencies prevented growth from translating into profits. Can Zivame finally find a scalable fit and turn around soon?
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Habil Khorakiwala’s turnaround of Wockhardt began amid near bankruptcy, including payment defaults to bondholders and troubled manufacturing units. After surviving the company’s worst crises, the focus has shifted to a single blockbuster antibiotic drug hailed as the biggest breakthrough after penicillin. If it scales, Khorakiwala could re-enter the top league again.
India’s copper supply hinges on Hindustan Copper Limited, which controls the country’s operating ore leases yet has long struggled with mining and execution bottlenecks. Now the state-run miner is looking to triple ore capacity to 12 million tonnes per annum by 2030. The question is whether past constraints can be overcome in time.
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