Jul 09, 2019 02:34 PM IST
Closure of the deal, talks for which are now at an advanced stage, is expected in the next few weeks.
- Jun 07, 2019 03:36 PM IST
It can be noted that the RBI had shifted stance of the monetary policy to "accommodative" which was explained as a scenario where there will be no rate hikes.
- Apr 11, 2019 11:59 AM IST
The central bank, in December last year, raised interest rates by a quarter point, inciting chaos in the market as stocks plummeted through lows of the year and investors flocked to bonds
- Apr 10, 2019 12:54 PM IST
VW, which has a market capitalisation of 75 billion euros, is not currently a shareholder in Shanghai-listed JAC, which has a market value of about $1.7 billion, according to Refinitiv data.
- Apr 09, 2019 12:59 PM IST
The investment bank said in a note dated April 8 that it now expects benchmark Brent crude prices to average $66 per barrel in 2019, compared with its previous estimate of $62.50.
- Apr 05, 2019 09:00 PM IST
The Wall Street brokerage goes one step further saying it expects two rate hikes in calendar 2020-a 25 bps each in Q1 and in the Q2.
- Apr 01, 2019 01:12 PM IST
Bharara, then the US Attorney for the Southern District of New York, had announced the unsealing of a six-count indictment against Gupta on October 26, 2011, on Hindu festival Diwali.
- Apr 01, 2019 12:29 PM IST
Goldman Sachs cut to 45 percent from 50 percent the chance that a modified version of the current withdrawal agreement is eventually approved in the House of Commons.
- Mar 27, 2019 04:04 PM IST
Apple has launched a credit card with new and laudable security features.
- Mar 27, 2019 12:03 PM IST
Gupta, 70, also revealed that he was kept in solitary confinement for weeks in an American federal prison which, he termed, was "brutal".
- Feb 28, 2019 01:12 PM IST
Analysts at the US investment bank on February 28 raised the chances of an extension to Article 50 to 55 percent from 50 percent, while keeping unchanged at 35 percent the probability of a "no Brexit" scenario.
- Feb 20, 2019 10:21 AM IST
Roger Ng has been detained in Kuala Lumpur since November 1, soon after the US Department of Justice filed charges against him for allegedly laundering funds siphoned from the fund, 1Malaysia Development Berhad.
- Jan 30, 2019 12:59 PM IST
Goldman Sachs analysts upped their "no-deal" Brexit probability to 15 percent from 10 percent, and cut their probability of Brexit not happening at all to 35 percent from 40 percent.
- Jan 21, 2019 01:37 PM IST
Projected earnings growth for Q4 CY18 has softened a bit from the start of the year (10.6 percent versus 12.2 percent YoY). While improvement is seen in industrials; financials, IT, materials and energy sectors have seen downward revisions. For CY19, analysts are projecting single-digit earnings growth of 6.5 percent and revenue growth of 5.3 percent as benefits of fiscal stimulus fade away
- Jan 16, 2019 03:39 PM IST
The bank maintains its base case scenario that "a close variant" of the current Brexit deal will ultimately command a majority in the House of Commons.
- Jan 14, 2019 05:52 PM IST
NCB, the kingdom's biggest lender by assets, and Riyad Bank said in December they had begun preliminary talks to potentially create a combination with $183 billion in assets.
- Jan 08, 2019 11:40 AM IST
Gupta filed the appeal based on a landmark ruling by the Manhattan appeals court that for an insider trading conviction prosecutors must show that a defendant received a personal benefit for passing illegal tips.
- Dec 22, 2018 02:27 PM IST
Malaysian prosecutors this week filed charges against Goldman Sachs in connection with its role as underwriter and arranger of three bond sales that raised $6.5 billion for 1MDB.
- Dec 18, 2018 12:12 PM IST
Malaysia's attorney-general on December 17 filed criminal charges against the US bank and two of its ex-employees over the alleged looting of 1MDB.
- Dec 17, 2018 02:20 PM IST
Goldman underwrote bonds issued by 1MDB on three occasions totalling $6.5 billion, and earned $600 million in fees for the bond issue.
- Nov 28, 2018 01:15 PM IST
Naked short selling, which occurs when an investor sells stock that has not yet been borrowed, is illegal in South Korea.
- Nov 01, 2018 08:55 PM IST
An estimated $4.5 billion was misappropriated from 1Malaysia Development Berhad, or 1MDB, by high-level officials of the fund and their associates, the US Justice Department has alleged.
- Oct 09, 2018 11:53 AM IST
Top brokerages have downgraded OMCs post the government announcement and have reduced their target price by 30 to 50 percent.
- Sep 27, 2018 10:44 AM IST
Suitors may be expected to put together a single resolution plan for all 15 entities subject to relevant approvals from the courts
- Sep 17, 2018 01:37 PM IST
Given elevated valuations and recent strong performance, we believe that the risk-to-reward for Indian equities is less favourable at current levels and we lower our investment view from overweight to marketweight, said the report.