May 18, 2016 12:01 PM IST
Brokerages, which see the merger a positive development, said employee integration and their costs will be key to watch out for when the merger takes place. According to them, the merger is long-term positive for the bank but financially, it may be negative in the near-term due to higher retirement costs.
- May 17, 2016 07:59 AM IST
Positive global markets and the market indicator SGX Nifty trading about 34 points up indicate a steady start for the Indian equity market.
- May 16, 2016 09:38 PM IST
"The problem is, the recent rally has been caused by investor flows and absolute and unprecedented supply outages in some places," says Abhishek Deshpande, Chief Oil Market Analyst at Natixis, adding, this raises concern that resolution might lead to sell-off in the immediate months.
- May 16, 2016 10:24 AM IST
A significantly higher allocation in the FY17 Budget towards rural spending should address the issue of weak rural housing demand, which has been a key overhang for the last 12 months, says Goldman Sachs
- May 15, 2016 10:28 PM IST
As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspicious transaction reports.
- May 12, 2016 10:11 PM IST
Rahul Yadav's much anticipated second coming seems to have gone off track as the former Housing.com CEO's e-governance startup Intelligent Interfaces has been unable to find any takers and even as Yadav explores the option of coming back to the online real estate space, he is not fighting shy of leveling the blame elsewhere.
- May 12, 2016 04:38 PM IST
Max Ventures and Industries, part of the Max Group on May 12 said it will invest up to Rs 33.5 crore in Azure Hospitality that owns and operates Mamagoto
- May 09, 2016 11:02 AM IST
Goldman Sachs estimates Just Dial's two-year revenue and earnings per share (EPS) CAGR of 16 percent and 5 percent respectively. It adds that the company will find it difficult to deliver 6 percent compounded quarterly growth rate (CQGR) in FY17.
- May 09, 2016 08:49 AM IST
We agree that the medium-to-longer term outlook is starting to favour emerging markets over next 1 year but see considerable tactical risk to the emerging markets versus developed markets trade, says Caesar Maasry of Goldman Sachs.
- Apr 28, 2016 06:08 PM IST
India will remain one of the strongest growth stories in the Asia Pacific region as the country has a potential GDP growth rate of around 6-7 per cent or perhaps even more, global finances services major Goldman Sachs has said.
- Apr 28, 2016 03:20 PM IST
Timothy Moe, the chief Asia Pacific regional equity strategist at Goldman Sachs Research views the current cyclical recovery coupled with improvements in the ease of doing business, that have largely flown "beneath the radar", as positive signs for India's long-term growth and corporate earnings environment.
- Apr 28, 2016 12:08 PM IST
JP Morgan has an overweight rating on the stock with a target of Rs 925 per share stating that valuations are still reasonable despite the stock being up 25 percent year-to-date.
- Apr 26, 2016 07:56 AM IST
The online-only GS Bank permits consumers to open an account for as little as USD 1, a big shift for a financial powerhouse that has built itself around serving billionaires and giant companies undertaking mega-mergers.
- Apr 21, 2016 08:54 AM IST
Our preferred 'defensive' markets are India, Taiwan, Mexico and Korea, says Caesar Maasry of Goldman Sachs.
- Apr 12, 2016 05:58 PM IST
The announcement comes amid a focused thrust on developing the startup ecosystem, which has seen the government launch the 'Startup India' initiative.
- Apr 12, 2016 07:26 AM IST
The Justice Department's announcement of a final settlement follows Goldman Sachs's disclosure of preliminary agreement in January. The settlement covers Goldman Sachs's issuance and underwriting of mortgage-backed securities from 2005 through 2007.
- Apr 06, 2016 06:24 PM IST
The government in 2013 appointed four merchant bankers- SBI Cap, Goldman Sachs, Barclays and Axis Capital -for managing the stake sale of HAL.
- Apr 06, 2016 08:40 AM IST
In a tweet, Competition Commission of India (CCI) said it "approves acquisition of 2,00,000 CCP shares, 36 percent of issued capital of Amber Enterprises (India) Pvt Ltd by Goldman Sachs entities".
- Apr 05, 2016 09:10 AM IST
A third of the country's 500 largest listed non-financial companies failed to earn enough to make interest payments in the financial year that ended March 2015, according to a new report from local ratings agency India Ratings and Research.
- Mar 31, 2016 01:58 PM IST
CNBC-TV18‘s Nimesh Shah gets expert opinions from strategists like Timothy Moe of Goldman Sachs, Jonathan Garner of Morgan Stanley and Sakthi Siva, of Credit Suisse who believe that the rebound is more like a recovery from excessive pessimism and not the start of an uptrend.
- Mar 30, 2016 09:40 AM IST
According to Goldman Sachs, the restrictions on discounting may force companies differentiate themselves through services and focus on profits instead of gross sales
- Mar 28, 2016 02:00 PM IST
According to the global deal tracking firm, after three successive quarters with more than USD 1 trillion deal value, the first quarter of this year saw transactions worth USD 701.5 billion.
- Mar 23, 2016 08:56 AM IST
ReNew Power Chairman and CEO Sumant Sinha said, "ReNew Power will have an edge in the solar competitive bidding scenario through this long term OPIC facility. With another high quality lender on board, ReNew Power continues to hold its leadership position in the renewable energy space in India."
- Mar 17, 2016 02:54 PM IST
Witty, a 31-year company veteran, has been under fire from some investors in the past three years as sales and profits have flagged. His reputation was further tarnished by a damaging bribery scandal in China.
- Mar 15, 2016 03:16 PM IST
The brokerage cut FY17-18 earnings per share estimates of HDFC by 9-13 percent to factor in lower lending spreads and higher credit costs. HDFC will continue to underperform board Sensex and retail private banks, it feels.