Jul 18, 2016 01:22 PM IST
With maintaining buy rating, Goldman Sachs says it likes RIL's exposure to three themes - high refining complexity, high gasoline yield and organic earnings growth.
- Jul 11, 2016 01:04 PM IST
Line set the IPO price at 3,300 yen per share, compared with its book-building range of 2,900-3,300 yen, a filing with Japan's finance ministry showed on Monday.
- Jul 07, 2016 06:18 PM IST
In an interview with CNBC-TV18, Hans Redeker gave his outlook on the european market and talked about the plausible movement in the pound sterling in coming days.
- Jun 30, 2016 10:39 AM IST
Sale of insurance business and certain ports will add to L&T's operating margin, says Goldman Sachs in a report. However, leveraged infrastructure and real estate companies and delay in orders could play spoilsport, says Goldman Sachs.
- Jun 29, 2016 10:13 PM IST
The flight to safety in the aftermath of last week's Brexit vote is sending investors scurrying back into healthcare and consumer-related stocks that have shielded them from nearly every big market dislocation of the past five years.
- Jun 28, 2016 09:52 AM IST
The management is confident that after Reliance Jio launch, top three telecom companies overall market share may not get impacted benefitting by adding low-end subs although they may lose some high-end subscribers. Idea considers low-end customer to be profitable and does not see margin dilution from this subscribers base.
- Jun 27, 2016 08:01 AM IST
Analysts warn the market moves in stocks and bonds and other assets could also be more exaggerated than normal, as fund managers around the world juggle positions, selling both winners and losers ahead of the end of the second quarter Thursday.
- Jun 24, 2016 07:31 PM IST
US stocks opened sharply lower on Friday, reversing recent gains in a global risk-off trade after Britain surprised markets by voting to leave the European Union
- Jun 17, 2016 08:01 AM IST
Shares of Bharti Infratel slipped 4 percent intraday Friday on slew of downgrades. In a latest Goldman Sachs has downgraded the telecom tower company to sell from neutral with a target price of Rs 307, indicating 12 percent downside from current levels.
- Jun 15, 2016 09:56 PM IST
The bank said it continues to expect that non-OPEC production excluding the United States will decline by 430,000 barrels per day this year to help put the market into the deficit.
- Jun 14, 2016 08:30 AM IST
Goldman Sachs says that management's lower store opening guidance will hurt growth. It expects only a small uptick of SSSG to 4 percent in FY17 from 3 percent in FY16 adding that fewer store openings should have a positive impact on SSSG but it remains cautious this time.
- Jun 13, 2016 05:48 PM IST
Boosting agricultural productivity, diversifying sources of income and urbanisation may help drive the growth of rural India over the coming years, says a report by Goldman Sachs.
- Jun 13, 2016 11:28 AM IST
Brazil always valued its cooperative relations with other BRICS countries after the birth of the bloc in 2009. However, the political developments since the suspension of Rousseff are resulting in readjustment of its foreign policies.
- Jun 10, 2016 02:19 PM IST
The Tokyo-headquartered firm said it would sell 13 million new shares in Japan and 22 million shares overseas for an indicative price of 2,800 yen each.
- Jun 09, 2016 01:37 PM IST
Goldman Sachs believes near-term demand is likely to be weak due to monsoons, which could lead to seasonal weakness in prices but it remains structurally positive on the medium-term demand and supply outlook (especially after monsoon).
- Jun 09, 2016 09:38 AM IST
"When you look at the actual growth numbers, in many of the last couple of years, India has had an accelerating trajectory and that is unique among the emerging world," says Caeser Massry, the Head of EM-Equity Research at, Goldman Sachs.
- Jun 01, 2016 02:50 PM IST
India's consumer story is likely to be one of the world's "most compelling" over the next 20 years, but the challenge before the country is to create jobs to "unleash productivity" of its youth, says a report
- Jun 01, 2016 08:53 AM IST
According to Goldman, biscuits, despite being available at similar price levels as basic personal care products like soaps and toothpastes, are underpenetrated in India. The brokerage believes penetration levels can move higher to 90 percent plus levels driven by the rise in urban income levels
- May 30, 2016 06:00 PM IST
Goldman Sachs says that the Rs 3230 crore additional sales from price hike is lower than what will be needed to offset effect of five yearly wage negotiations due in FY17.
- May 28, 2016 04:00 PM IST
Sankeshwar has said that they will enter airline business with an investment of Rs 1,400 crore. At the same time he also added that he will dilute Rs 300-400 crore worth shares in VRL over the next three to four year but hopes to still hold a majority stake in VRL post dilution.
- May 24, 2016 12:08 PM IST
Investors continued to sell the stock after its management said, in a conference call, that its margins will suffer in short term as next few quarters will be in investment phase but will see long term growth.
- May 24, 2016 08:06 AM IST
The bank has radically redefined itself in the wake of the global financial crisis, and Goldman Sachs feels fine.
- May 21, 2016 10:52 AM IST
New York's benchmark West Texas Intermediate (WTI) for June delivery soared Wednesday to USD 48.95 per barrel -- the highest level since October 2015.
- May 20, 2016 01:39 PM IST
Majority of brokerages retained their ratings on the stock but half of them slashed target price, citing caution over earnings due to likely higher R&D expenses and cut in FY18 sales guidance by the company.
- May 19, 2016 11:34 AM IST
In a special chat with CNBC-TV18‘s Shereen Bhan, Ajay Piramal, Chairman, Piramal Enterprises said it was yet too early to comment on whether they would be acquiring Lafarge's India cement business.