Aug 05, 2011 10:00 AM IST
Ex-Goldman director Rajat Gupta, SEC to drop litigation
- Jul 28, 2011 03:54 PM IST
In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
- Jul 27, 2011 10:35 PM IST
Eleven and a half months after the Cairn-Vedanta transaction was announced, the change in ownership now seems like a done deal. The Cairn India board has decided to call a postal ballot of all shareholders on the government’s preconditions for the deal, reports CNBC-TV18.
- Jul 27, 2011 02:49 PM IST
Blackstone Group LP will invest Rs 500 crore (USD 111 million) in Indian power producer VISA Power.
- Jul 26, 2011 03:35 PM IST
At the once-feared commodity trading arms of Goldman Sachs and Morgan Stanley, the pressure to do better in the second half of this year has never been more intense.
- Jul 26, 2011 08:38 AM IST
Goldman Sachs has maintained its 'NEUTRAL' stance on Reliance, but has cut its target to Rs 1000 from Rs 1070. Reliance earnings were in-line with estimates but lower petchem and KG-D6 gas remain in focus.
- Jul 22, 2011 12:45 PM IST
Indian equities under performed in first half of the year because of macro headwinds, however, things are now starting to look interesting said Jim O'Neill, head of global economic research of Goldman Sachs.
- Jul 22, 2011 08:19 AM IST
US Treasury Secretary Timothy Geithner, while head of the New York Federal Reserve Bank, granted a waiver that allowed his eventual successor William Dudley to hold on to investments in firms getting emergency help.
- Jul 20, 2011 08:14 AM IST
Goldman Sachs blamed its commodities trading desk for much of the massive drop in trading profits in the second quarter, even after its own analysts correctly called for a pull-back in prices.
- Jul 20, 2011 08:00 AM IST
Price action continues to drift between major support level for Nifty at 5,200 and resistance at 6,300.
- Jul 18, 2011 11:00 AM IST
Goldman Sachs is likely to open IT contract worth USD 700-900 million, reports CNBC-TV18 quoting sources. It is learnt that the IT deal to handle application development infrastructure management services (IMS) in three geographies may span across 10 years.
- Jul 18, 2011 08:55 AM IST
Despite MSCI India trading 10% below its 5-year average, high inflation, tightening financial conditions and policy inertia have kept the markets rangebound.
- Jul 15, 2011 09:04 PM IST
The government has shortlisted 17 merchant bankers, including ICICI Securities, SBI Caps and Goldman Sachs, for offloading 5% stake in BHEL through FPO which will fetch over Rs 4,700 crore at current price.
- Jul 15, 2011 07:54 AM IST
The lower than expected June inflation is the first indication that the pace of pass-through from food and fuel prices to core may have slowed, as economic activity has weakened.
- Jul 11, 2011 08:45 AM IST
Brokerage views on the stocks of the day
- Jul 11, 2011 08:18 AM IST
Samsonite International SA, the world's largest luggage maker, increased its Hong Kong initial public offering by USD 46 million to nearly USD 1.3 billion, after underwriters exercised an option to sell additional shares to meet demand for the stock.
- Jul 07, 2011 12:23 PM IST
US securities regulators' insider-trading case against former Goldman Sachs Group Inc board member Rajat Gupta was put on hold after federal prosecutors intervened, documents show.
- Jul 07, 2011 08:20 AM IST
JP Morgan retains an underweight stance on SKS Microfinance with a target of Rs 200. The finance ministry released the MFI bill which gives RBI the authority to regulate the sector.
- Jul 06, 2011 02:48 PM IST
Commodity experts believe oil prices are likely to rise further. In an interview with CNBC-TV18, Shreekant Jha, Managing Director of PJ Commodity Ventures suggests buying crude around 4,270 per barrel levels for an upmove of 200 points.
- Jul 06, 2011 08:14 AM IST
Goldman Sachs retains a buy on Idea with a target of Rs 86. They see a low probability of the Idea-Spice merger being cancelled. Idea remains well positioned to capitalise on the improving competitive dynamics and potential growth from 3G they feel.
- Jul 05, 2011 04:31 PM IST
UBS maintains a "NEUTRAL" stance on Patni Computer but have cut the target to Rs 380 from Rs 475.
- Jul 05, 2011 08:17 AM IST
Credit Suisse maintains a neutral stance on ONGC with a target of Rs 307. The overhang of the large stock sale and the expectation that the government will offer a discount could constrain immediate stock moves, even if a new subsidy policy is announced.
- Jul 04, 2011 09:35 AM IST
Whether Rajat Gupta is guilty of insider trading or not is for the courts to decide. For many who know him, his actions were unethical.
- Jun 30, 2011 05:35 PM IST
JPMorgan extended its grip on the global investment banking fee pool in the first half, even as income from bond deals, one of its top businesses, slumped in the second quarter and pressure from rivals grew.
- Jun 29, 2011 08:14 AM IST
Goldman Sachs reiterates buy on Bharti Airtel with a target of Rs 435. Both Bharti and MTN are well positioned to show double digit revenue.