Jun 26, 2020 04:39 PM IST Investment banks Goldman Sachs, Citi and Avendus Capital have been engaged as advisors for the process by the privately held vaccine manufacturer, say sources.
Jun 16, 2020 09:55 AM IST According to Goldman's US equity strategist David Kostin, the firm would avoid the energy sector, which has been the "biggest laggard" so far in 2020, over the coming weeks
Jun 10, 2020 07:30 PM IST Most of the boost came from oil trading overseen by Singapore-based partner Qin Xiao and Anthony Dewell in London, amid the collapse in oil prices, Bloomberg reported, citing people with knowledge of the matter.
May 17, 2020 08:34 PM IST According to Goldman Sachs, the aggregate discretionary component of fiscal support announced by finance ministry, including Rs 1.7 lakh crore package announced in March, stands at 1.3 percent of GDP (Rs 2.7 lakh crore), “much smaller than the aggregate figure of 10 percent of GDP (Rs20 lakh crore) announced by the Prime Minister
May 15, 2020 05:43 PM IST Gunjan Samtani, who heads the bank in India, told Reuters in an interview this week that about half of those were offers for full-time jobs at the bank's technology centre in Bengaluru, now its second-biggest office globally. The rest are internships.
May 06, 2020 10:20 AM IST Large banks worldwide have been developing plans to gradually return staff to offices after nearly two months of working remotely and from home during the outbreak of the novel coronavirus.
May 05, 2020 09:57 AM IST The economic ramifications of the pandemic may have panned out already as the US and other economies are planning an exit strategy from the lockdown, it has said.
Apr 28, 2020 11:50 AM IST The five companies are Microsoft, Apple, Amazon, Alphabet (Google), and Facebook
Apr 23, 2020 10:02 AM IST Goldman Sachs is of the view that the demand outlook is losing its shine and it sees a significant impact on earnings for Titan as the GDP growth slows.
Apr 20, 2020 01:27 PM IST Some part of the money should be allocated to beaten-down sectors that have a high probability of a bounce-back when the lockdown opens and economic activity picks up.
Apr 17, 2020 06:35 PM IST The brokerage noted that average selling prices for consumer devices are likely to decline during a recession and remain weak well beyond the point when units recover.
Apr 17, 2020 10:23 AM IST The US-based investment bank has also lowered the Nifty50 target to 9600 for end-June 2021, from 10,800 levels on lower earnings expectations and a lower target multiple of 15.5X.
Apr 15, 2020 09:20 PM IST According to the bulk deal data on the National Stock Exchange (NSE), Goldman Sachs (Singapore) Pte-ODI bought 14 lakh shares of the private lender, at an average price of Rs 430.3 apiece.
Apr 13, 2020 10:35 AM IST Goldman Sachs said on Sunday that the deal between major oil producers to cut output by nearly 10 million barrels per day is 'historic yet insufficient,' adding that no deal would be enough to offset the sharp drop
Apr 09, 2020 06:48 PM IST In this edition of Business Insight learn why Goldman Sachs expects India’s FY21 GDP to plummet to multi-decade lows.
Apr 08, 2020 04:25 PM IST Many analysts have been doing downward reviews of their forecasts amid coronavirus concerns with some estimating a contraction in the first quarter of the fiscal, but this is the lowest forecast for the year as a whole yet.
Apr 01, 2020 08:50 AM IST Souring bets across its portfolio have left SoftBank selling down prime assets and holding back from making new investments. Hoshino is expected to bolster the investment team at a time when CEO Masayoshi Son has received criticism for his top-down investing approach.
Mar 31, 2020 09:22 PM IST Goldman said it is now forecasting a real GDP quarter-over-quarter decline of 34 percent annualized for the second quarter, compared with its previous estimates for a 6 percent decline and a 24 percent drop.
Mar 26, 2020 02:55 PM IST "A demand shock of this magnitude will overwhelm any supply response including any potential core-Organization of the Petroleum Exporting Countries output freeze or cut," the investment bank said.
Mar 24, 2020 12:46 PM IST Another source said MedPlus is looking to raise between Rs 800 crore and Rs 1,000 crore via the IPO
Mar 23, 2020 01:48 PM IST Global governments have been taking unprecedented measures to contain the coronavirus outbreak which is threatening to spark a worldwide economic contraction.
Mar 17, 2020 05:20 PM IST The rising risk of imported cases has prompted some parts of the country to tighten monitoring of foreign travellers, and the Chinese foreign ministry on March 17 advised its citizens to avoid travel to high-risk countries.
Mar 06, 2020 07:35 AM IST Petershill, an arm of Goldman that invests in alternative-investment firms, would pay 500 million euros (433.04 million pounds), for a minority stake in Permira, according to the report.
Mar 02, 2020 07:48 AM IST As stock markets sank for a seventh straight day on worries the coronavirus outbreak will hurt the global economy, Fed Chair Jerome Powell on Friday afternoon said the Fed is "closely monitoring" developments and "will use [its] tools and act as appropriate to support the economy."
Feb 27, 2020 09:25 PM IST In a note to clients, the bank cut its baseline earnings per share estimate for S&P 500 companies to $165 from $174 in 2020, implying that profits would remain unchanged from a year ago.
