B9 Beverages

Restructuring · Asia

Maybank officially relocated its headquarters to Menara Merdeka Maybank, consolidating corporate functions under one roof and rebranding its former headquarters at Menara Maybank as Menara Tun Perak.

Restructuring · Asia

CKYC 2.0 (CKYCRR 2.0) regulatory rollout deadline at end of July 2026 across Indian banking, NBFC, FinTech and insurance sectors requires major technical and operational overhaul from batch PDF uploads to real-time API-first architecture, with penalties up to Rs 250 crore for non-compliance.

Restructuring · Asia

Freshworks executed major leadership restructuring in 2024 (CTO, CPO, CRO, India head changes) and laid off 600 employees as part of AI-led transformation. In January 2026, company announced 11% workforce reduction (500 employees) to accelerate AI adoption and automation.

Restructuring · Asia

Panasonic is ending TV production in Malaysia and cutting jobs as part of operational restructuring.

Restructuring · Asia

India's CBDT issued Crypto-Asset Reporting Framework (CARF) effective January 2026, mandating crypto exchanges to report user tax residency, transaction details, and cross-border transfers. Framework applies to all exchanges, brokers, dealers, and requires Form 167 filing by May 31 annually.

Restructuring · Asia

Tata Digital posted ₹4,974 Cr net loss in FY26 (up 7.9% YoY), with BigBasket accounting for 64% of losses. Tata Group pivoted Tata Neu super app away from general commerce toward financial services focus, positioning the Tata Neu card as one of India's largest co-branded credit cards. Strategic shift emphasises financial services, loyalty, payments (targeting 10X growth in monthly transacting users), lending, and insurance.