Oct 17, 2020 10:31 PM IST
The comments by Goldman Sachs Group President John Waldron arrived a few weeks ahead of the US Presidential Elections 2020, when stalled stimulus talks and economic fallout due to the COVID-19 pandemic, are threatening to undermine job recovery
- Sep 29, 2020 04:54 PM IST
Nestle says it has worked with manufacturers to add a function to its coffeemakers that let users to make a selection by just hovering a finger over the menu and has been delivering those to clients since June.
- Sep 22, 2020 11:17 AM IST
Route Mobile raised Rs 600 crore via public issue during September 9-11, which had comprised a fresh issue of Rs 240 crore and an offer for sale of Rs 360 crore by promoters.
- Sep 08, 2020 06:20 PM IST
India’s real GDP growth fell to -23.9 percent year-on-year (YoY) in Q2CY20 against 3.1 percent YoY in Q1CY20.
- Aug 30, 2020 07:57 PM IST
The woman-managed funds benefitted from their liking towards tech shares which are on an upswing since the outbreak of COVID-19, with the S&P 500 IT index gaining 58 percent so far in 2020
- Aug 16, 2020 08:28 AM IST
In a regulatory filing detailing its US-listed investments as of June 30, Berkshire also disclosed a new 20.9 million share investment worth $563.6 million in Toronto-based Barrick Gold Corp, one of the world’s largest mining companies.
- Aug 07, 2020 03:04 PM IST
Goldman Sachs' Gemini app provides detailed information on how a company's different divisions are performing relative to its peers.
- Jul 27, 2020 10:55 PM IST
The bank's main goal is to let staff know where they stand as roughly 90 percent of the bank's workforce works from home due to COVID-19 restrictions, said Shribman, who verified the contents of the memo seen by Reuters.
- Jul 24, 2020 03:58 PM IST
Settlement talks that restarted this week concluded on Friday, the sources said.
- Jul 15, 2020 06:40 PM IST
The bank's shares jumped nearly 4 percent in premarket trading as it posted a 93 percent surge in revenue in its global markets unit, which houses the trading business, cushioning it from the coronavirus downturn.
- 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.