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Goldman Sachs News
Goldman Sachs to invest Rs 245 crore in Vatika Group's commercial projects located on NH-8
Fri, Feb 14, 2020
Goldman Sachs has entered a partnership with Vatika Group by investing Rs 245 crore for the commercial projects on NH-8.
Goldman Sachs predicts 200mn 5G phone sales in 2020
Mon, Jan 06, 2020
However, Xiaomi also faces intense competition in its home market from rival Huawei, which captured a record 42 percent of China`s smartphone market in the third quarter at the expense of other local manufacturers and Apple.
Goldman Sachs to launch new products and services on Amazon's cloud
Wed, Dec 04, 2019
In recent years the legendary Wall Street trading firm has invested millions in Marquee, which serves as the bank`s digital storefront for its trademark data and risk analysis tools. Goldman has been gradually opening up Marquee`s tools to more clients, including many of whom already use Amazon`s cloud, Solomon said.
Airtel Q2 operational numbers show recovery: Goldman
Wed, Oct 30, 2019
The telcos has deferred the Q2 earnings. However, the telco released unaudited operational highlights for the India business late Tuesday, as "reviewed" by the board, which showed signs of continued recovery in core mobile services during the July-September quarter, it said.
Goldman Sachs evaluating role in China's Megvii IPO after US blacklist
Wed, Oct 09, 2019
Goldman Sachs Group said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned IPO after the US placed the Chinese firm on a blacklist.
Apple credit card will not let you purchase cryptocurrencies, lottery tickets; Check other norms
Sat, Aug 03, 2019
Goldman declined to comment and Apple did not immediately respond to request for comment.
Goldman Sachs quarterly profit beats expectations on equity trading, lending
Tue, Jul 16, 2019
The bank is aiming to generate $5 billion in new revenue by 2020, and is currently undergoing a front-to-back review of all its businesses started last October when Solomon took control as CEO.
Hot Stocks! From DMart, ITC, Colgate to Britannia, Goldman Sachs says add these 6 stocks in your cart
Wed, Jun 19, 2019
Goldman Sachs expects sales growth recovery from 4QFY20E partly driven by softer comps.
Goldman Sachs investors unmoved by its sweeping operational overhaul offer
Mon, Apr 15, 2019
Goldman Sachs Group offered new tidbits about its sweeping operational overhaul when reporting first-quarter results on Monday, but investors focused on revenue declines.
Goldman Sachs profit beats estimates on lower expenses, higher advisory fees
Mon, Apr 15, 2019
Analysts were looking for a profit of $4.89 per share, according to IBES data from Refinitiv. Total operating expenses fell 11 percent to $5.86 billion.
Goldman increases 2019 oil price forecasts amid supply cuts, sanctions
Tue, Apr 09, 2019
That comes as Goldman expects the global oil market to remain in a supply-decit of about 0.5 million barrels per day in the second quarter. The bank now sees Brent prices at $72.50 per barrel in the second quarter, compared with $65 previously. But it maintained its 2020 Brent oil price forecast at $60 per barrel.
RBI repo rate hike? What Goldman sees RBI doing in 2019, 2020
Fri, Apr 05, 2019
The central bank also kept the monetary policy stance at neutral with five of the Monetary Policy Committee (MPC) members voting to maintain the neutral stance.
Should you invest in ULIPs? Here’s what you need to know
Thu, Mar 28, 2019
When investment in ULIPs are made, an insurance company takes a part of your premium and invests them into shares, bonds, etc. Remaining balance is used for insurance cover.
These life insurance stocks can make you rich: Check top picks by Goldman Sachs
Wed, Mar 27, 2019
Goldman Sachs sees the Indian insurance sector to a strong 23% NBV CAGR over FY19-22E.
Malaysia to summon two Goldman Sachs units ahead of 1MDB case
Mon, Mar 18, 2019
A new government charged three units of Goldman Sachs for misleading investors by making untrue statements and omitting key facts in relation to bond issues totaling $6.5 billion for state fund 1Malaysia Development Berhad (1MDB).
Large-scale solar power set for double-digit growth: Goldman Sachs
Thu, Mar 14, 2019
Solar power is the fastest growing source of electricity generation, taking market share from fossil fuels like thermal coal and natural gas as governments and companies increasingly introduce clean energy targets.
Goldman Sachs sees 50 percent probability of ratified Brexit deal
Fri, Feb 15, 2019
"There does exist a majority in the House of Commons willing to avoid a `no deal` Brexit (if called upon to do so), but there does not yet exist a majority in the House of Commons willing to support a second referendum (at least at this stage)," Goldman said in a note to clients on Friday.
Apple Prime a reality? Goldman Sachs says too dependent on Google for revenue
Wed, Feb 13, 2019
It is being estimated that Google paid Apple nearly $9.5 billion in traffic acquisition costs (TAC) in the year 2018.
Goldman Sachs bankers 'cheated' Malaysia over 1MDB, says Malaysian PM Mahathir Mohamad
Tue, Nov 13, 2018
Goldman`s stock fell to a near two-year low on Monday after Malaysia`s Minister of Finance Lim Guan Eng said his country would seek a "full refund" of the around $600 million in fees the bank earned from raising $6.5 billion for the fund.
Goldman Sachs changes Asia investment banking leadership, appoints Todd Leland
Mon, Oct 22, 2018
Leland, an American who joined Goldman in 1992, will replace Andrea Vella and Kate Richdale who were appointed co-heads of the unit in 2015. Vella and Richdale will remain in the region to become the co-chairs of the unit, said the memo sent to the bank staff and seen by Reuters on Monday.