Indian financial institutions (systemic)

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

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

Anicut Capital has taken control of founder Ankur Jain's 17%+ stake in debt-laden beer maker B9 Beverages (parent of Bira 91) after Jain stepped down from the board. Anicut Capital will nominate three directors and lead restructuring. The company faces ₹1,000 Cr in debt/liabilities, suspended production, and unpaid employee/vendor dues. Recapitalization under revival plan is underway.

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.