Nov 28, 2016 01:18 PM IST
After banning legal tender status of Rs 500 and Rs 1,000 notes since November 8, there has been a huge surge in banks' deposits. To reduce that surplus liquidity available with the banking system, the Reserve Bank of India, on last Saturday, announced temporary measures by applying an incremental cash reserve ratio.
- Nov 23, 2016 05:34 PM IST
According to the global financial services major, post the 'dramatic currency reform' the liquidity shortage would be a significant constraint on domestic activity, which in turn would affect GDP growth.
- Nov 15, 2016 05:28 PM IST
PE/VC transactions worth USD 1.63 billion had been announced in October last year, said the EY report.
- Oct 21, 2016 11:50 AM IST
Former Goldman Sachs banker Matthew Westerman, who took over as head of the Global Banking division in May, has made sweeping changes in the drive to steal market share in a business area where HSBC lags most of its major peers.
- Oct 19, 2016 05:38 PM IST
Investment banking major Goldman Sachs has received the Competition Commission's nod to hike its stake in Den Networks to over 24 per cent by acquiring additional shares through preferential allotment route.
- Oct 18, 2016 08:54 AM IST
Besides, the exchange will conduct 'muhurat' trading session on account of Diwali Laxmi Pujan on October 30 from 1830 hrs to 1930 hrs.
- Oct 18, 2016 08:28 AM IST
Nupur Gupta of Goldman Sachs thinks the divergence between equity earnings and economic growth should not necessarily be taken as evidence against a pick-up in growth, but rather as a function of measurement and composition differences.
- Oct 17, 2016 02:47 PM IST
In an interview with CNBC-TV18, Kamakshya Trivedi, Chief EM Macro Strategist, Goldman Sachs, talked about his outlook on markets and whether he thinks they will be able to stomach a Fed rate hike and a rise in bond yields globally.
- Oct 17, 2016 09:23 AM IST
A report in Business Standard says that Sebi has initiated adjudication proceedings against the two Goldman Sachs entities -- GS Investment Ltd (Mauritius) and GS Mace Holding -- which together had bought 9.13 million shares (14.6 percent) in NDTV back in 2008.
- Oct 15, 2016 05:26 PM IST
In September this year, Den Networks said the board of the company has approved allotment of 1.58 crore share having a face value of Rs 10 to Goldman Sachs.
- Oct 15, 2016 10:49 AM IST
Corporate earnings, economic reports and Fed speakers could all challenge markets in the week ahead, but traders will be on guard for the latest catalyst â€” the potential bombshells coming from the presidential election.
- Oct 05, 2016 10:06 PM IST
Since the beginning of last month, when the Supreme Court ordered Karnataka to release Cauvery water to Tamil Nadu's crops, both the states have been at loggerheads and the ripple effect has been felt by industries situated on either sides of the border.
- Oct 05, 2016 09:34 AM IST
The buy-rated stocks that are on our conviction list include HDFC Bank and Yes Bank in India, says Timothy Moe, Goldman Sachs.
- Oct 04, 2016 08:40 AM IST
The companies sold 11,19,087 shares or 2.095 percent on September 29 through open market transactions.
- Sep 30, 2016 08:11 AM IST
Goldman has shared dominance of the Asia Pacific equity capital market arena with UBS and Morgan Stanley since clinching the mandate for China's first privatisation in 1997.
- Sep 29, 2016 11:18 AM IST
Members of the Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday to modest oil output cuts in the first such deal since 2008, with group leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices.
- Sep 29, 2016 08:24 AM IST
Goldman said in a note to investors that it was sticking with its forecasts for WTI at USD 43 a barrel for the end of this year and USD 53 a barrel in 2017. The investment bank had cut its year-end forecast this week from USD 50 a barrel.
- Sep 20, 2016 01:13 PM IST
Den Networks' CFO Manish Dawar says the Rs 140-crore preferential issue will increase Goldman‘s stake in the company to roughly 24.5 percent and trim promoter stake to 37 percent.
- Aug 29, 2016 10:01 AM IST
India‘s first quarter gross domestic product, to be released on Tuesday, is expected to come at 7.8 percent, Andrew Tilton of Goldman Sachs says adding that positive impact of monsoon is underrated.
- Aug 02, 2016 11:05 AM IST
The company has witnessed improvement in operational capabilities and is confident of improving margins going forward, says P Sundararajan, CMD of SP Apparels.
- Jul 27, 2016 11:14 AM IST
Net yen exposure for Maruti at 10 percent of sales with 40 percent of indirect exposure (11 percent of sales) in yen along with royalty (6.5 percent) and direct exposure (5 percent) is offset by Baleno exports (5 percent of sales) billed entirely in yen.
- Jul 22, 2016 12:51 PM IST
Citi has a buy rating on the stock with an increased target price of Rs 295 per share. After 12 quarters of negative or subdued volumes, Q1FY17 retail volumes slightly higher at 4-5 percent is positive for the FMCG major. It adds that despite better volumes, mix shift to 64mm and constrained pricing have impacted cigarette EBIT slightly.
- Jul 19, 2016 08:02 PM IST
A report by Citi estimates around 310,000 vehicles, or a little less than 10 percent of the total on-road vehicles, might need to be replaced or scrapped following the National Green Tribunal order to cancel the registration of all vehicles in New Delhi over 10 years old.
- Jul 19, 2016 07:11 PM IST
In its World Economic Outlook, published on Tuesday, the IMF forecast global growth at 3.1 percent in 2016 â€” 0.1 percentage points down from its April forecast.
- Jul 19, 2016 09:57 AM IST
HUL management has reaffirmed its guidance of continued improvement in operating margins despite the recent increase in commodity costs.