Apr 30, 2011 01:44 PM IST
The USD 28 trillion credit default swaps market came under investigation on Friday by the European Union, adding to official pressures bearing down on a huge and opaque business that is widely blamed for aggravating the recent banking and euro zone debt crises.
- Apr 28, 2011 04:02 PM IST
The Reserve Bank of India, battling surging price pressures, is widely expected to lift key interest rates by 25 basis points when announcing its annual monetary policy on May 3, even as some economists call for a 50 basis point rise.
- Apr 27, 2011 11:20 AM IST
Goldman Sachs on Wednesday downgraded Reliance Industries and Cairn India to neutral from buy, and raised its rating on Oil & Natural Gas Corp to buy from neutral.
- Apr 27, 2011 09:31 AM IST
Reliance Industries (RIL) touched an intraday high of Rs 1,009.10 and an intraday low of Rs 995. At 09:29 hrs the share was quoting at Rs 996, down Rs 5.15, or 0.51% on the NSE. Goldman Sachs has removed RIL from Asia Pacific Conviction List. It downgraded to neutral from buy rating, reports CNBC-TV18.
- Apr 26, 2011 01:53 PM IST
A group of creditors led by Goldman Sachs and Morgan Stanley proposed a restructuring plan for Lehman Brothers Holdings Inc that would boost recoveries for the banks and keep separate the assets of Lehman's bankrupt subsidiaries.
- Apr 21, 2011 04:00 PM IST
Goldman Sachs on Thursday raised its forecast for inflation and rate increases, and predicted that the Reserve Bank will lift interest rates by 50 basis points at its policy review on May 3 as inflation becomes broad-based.
- Apr 21, 2011 08:35 AM IST
Macro news seems comfortable, but looks like all these are priced in at current levels, says Sanjeev Prasad of Kotak Institutional Equities.
- Apr 19, 2011 07:32 PM IST
World stocks bounced back from their previous session's trouncing on Tuesday but debt woes on both sides of the Atlantic and new signals from China on inflation dangers weighed on markets.
- Apr 19, 2011 07:32 PM IST
US stocks were poised for a higher open on Tuesday after Goldman Sachs and Johnson & Johnson reported solid earnings.
- Apr 19, 2011 07:22 PM IST
Petronas sold its 14.98% in Cairn India. Sources have indicated that Sesa Goa has picked up nearly 10.4% of that stake. In an interview with CNBC-TV18, PK Mukherjee, MD of Sesa Goa, spoke about this move and their outlook going forward.
- Apr 19, 2011 09:25 AM IST
IndusInd Bank touched an intraday high of Rs 278.50 and an intraday low of Rs 274. At 09:22 hrs the share was quoting at Rs 275.80, up Rs 1.15, or 0.42%. Goldman Sachs has increased IndusInd Bank target to Rs 340 from Rs 320 and JPMorgan increased target to Rs 325 from Rs 300, reports CNBC-TV18.
- Apr 18, 2011 06:00 PM IST
Tata Power, India's largest integrated private power player has appointed Deutsche Bank, Goldman Sachs and UBS as joint bookrunners for a 60 year Non-callable for 5 years Reg S hybrid capital offering of USD 300 million to USD 400 million.
- Apr 13, 2011 11:14 AM IST
Goldman Sachs rocked oil markets for a second day Tuesday by calling for a nearly USD 20 fall in Brent crude oil, saying speculators had pushed prices ahead of fundamentals.
- Apr 13, 2011 08:00 AM IST
Oil prices suffered their biggest two-day loss in 11 months and stocks dropped on Tuesday on concerns about the strength of global growth and as Goldman Sachs warned crude was set for a pullback.
- Apr 13, 2011 07:44 AM IST
Crude retreated from 32-month highs as Goldman Sachs warned again of a price reversal and key forecasters said expensive oil could erode demand.
- Apr 12, 2011 09:10 AM IST
Long-term commodity bull Goldman Sachs warned clients on Monday to lock-in trading profits before oil and other markets reverse, with the bank's estimates suggesting speculators are boosting crude prices as much as USD 27 a barrel.
- Apr 12, 2011 09:10 AM IST
Hewlett-Packard Co had considered buying business software company Tibco Software Inc until two weeks ago when talks fizzled, two sources familiar with the matter told Reuters.
- Apr 01, 2011 06:23 PM IST
Morgan Stanley, Goldman Sachs and JPMorgan Chase & Co will soon join Citigroup and Bank of America Corp in allowing shareholders to vote on executive compensation, the Wall Street Journal said, citing people familiar with the matter.
- Mar 31, 2011 11:26 AM IST
Former Goldman Sachs trader Morgan Sze is set to launch his highly anticipated USD 1 billion-plus hedge fund in Hong Kong on Friday, three sources familiar with the plan told Reuters on Thursday.
- Mar 26, 2011 10:12 AM IST
Goldman Sachs and others said they did not urge the Tokyo Stock Exchange to halt trading because of Japan's earthquake and subsequent nuclear crisis, despite a comment from the bourse's chief that some foreign banks had pressed for a halt.
- Mar 23, 2011 10:10 PM IST
The Indian mutual fund industry is not clear of challenges, but that's not keeping foreign players at bay, report CNBC-TV18's Mitra joshi and Priyanka Ghosh.
- Mar 23, 2011 10:20 AM IST
Goldman Sachs cut its 12-month target price on Reliance Communications by 26% to Rs 115, citing reduction in the company's core business value.
- Mar 20, 2011 04:05 PM IST
Critics of Mario Draghi may have few arguments to block his chances of becoming Europe's top central banker other than just mentioning the fact that he worked at Goldman Sachs for a number of years.
- Mar 18, 2011 09:56 PM IST
The Federal Reserve will allow some of the largest US banks to boost or restart dividends payments this year but will restrict the amounts to 30% or less of the company's anticipated earnings, the central bank said on Friday.
- Mar 17, 2011 07:39 PM IST
Large US banks, including JPMorgan Chase & Co and Goldman Sachs could see softness in their fixed income and equities segments, Citigroup said, cutting its first-quarter earnings outlook on the lenders.