Goldman Sachs

Goldman Sachs Q4 earnings drop 71.8% on hefty legal charge

Goldman Sachs reported a big drop in earnings Wednesday as hefty legal expenses and lower trading revenues more than offset the gains from strong merger advising activity.

Jan 20, 2016, 19:28 PM IST

Oil options lurch closer to $20 per barrel Goldman doomsday forecast

When US investment bank Goldman Sachs said last year that oil could fall as low as $20 per barrel, it assigned a fairly low probability to that scenario.

 

Jan 11, 2016, 23:24 PM IST

CCI clears Reliance Capital-Goldman Sachs deal

Competition Commission has given its approval to Reliance Capital Asset Management's proposed acquisition of global giant Goldman Sachs' mutual fund business in India for Rs 243 crore.

Jan 05, 2016, 16:18 PM IST

Gupta's latest bid to reverse insider trading conviction fails

Less than three months before his two-year prison term ends, India-born former Goldman Sachs director Rajat Gupta has lost yet another bid to overturn his conviction on insider trading charges, with an appeals court here rejecting his latest legal challenge.

Dec 30, 2015, 13:34 PM IST

Goldman pegs India's GDP growth at 7.9% in FY17

Country's GDP is expected to grow by 7.9 percent next fiscal driven by rising domestic demand and higher capital spending by the government, even though global economy will remain anaemic, Goldman Sachs said Wednesday.

Dec 09, 2015, 20:31 PM IST

US charges ex-Goldman employee with insider trading

Shares of the four companies -- Yodlee, Zulily, Rentrak and KLA-Tencor -- jumped when takeovers were announced.

Nov 26, 2015, 02:21 AM IST

US oil price drops amid ample supplies

US oil price retreated on Thursday as US stockpiles added last week.

Nov 20, 2015, 03:49 AM IST

Natural gas prices to fall next fiscal: Goldman Sachs

Natural gas prices for existing fields like KG-D6 of Reliance Industries will dip to USD 3.6 per unit in next fiscal from USD 3.82 currently, Goldman Sachs said Wednesday.

Nov 18, 2015, 18:35 PM IST

Reliance MF eyes more acquisitions after Goldman Sachs buy

After acquiring Goldman Sachs' India mutual fund business, top fund house Reliance Capital Asset Management (RCAM) is looking for more acquisitions in this highly-fragmented market.

Oct 22, 2015, 23:08 PM IST

Airtel may cut data prices by 25% next fiscal: Goldman Sachs

Bharti Airtel may cut data prices by 25 percent in the next financial year as a result of Reliance Jio launching services, a report by Goldman Sachs said.

Oct 05, 2015, 19:29 PM IST

Goldman CEO Blankfein says has ''highly curable'' form of lymphoma

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein said on Tuesday he had a "highly curable" form of lymphoma, and would be able to work substantially as normal during treatment.

Sep 22, 2015, 18:58 PM IST

Goldman Sachs chief Lloyd Blankfein `would not invest in China`

The chairman of investment banking giant Goldman Sachs has slammed China`s handling of its economy, adding he would not currently invest in the country, the Wall Street Journal reported Thursday.

Sep 17, 2015, 17:00 PM IST

Goldman Sachs pegs India growth at 8% on TEE's boost

India is likely to become the fastest-growing emerging market this year and its potential growth could rise to 8 percent over the next five years driven by Technology, gains in Education and Ease of doing business due to less red tape, Goldman Sachs said today.

Sep 14, 2015, 19:00 PM IST

Oil prices retreat as Goldman Sachs cuts forecasts

Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.

Sep 12, 2015, 07:36 AM IST

Crude oil may slide to $20 a barrel, warns Goldman Sachs

Crude futures fell on Friday after Wall Street`s most influential voice in oil trading, Goldman Sachs, slashed its price outlook through next year, citing oversupply and concerns about China`s economy.

Sep 11, 2015, 23:28 PM IST

Rajat Gupta files appeal to overturn insider trading conviction

Pursuing yet another legal recourse, India-born former Goldman Sachs director Rajat Gupta has filed a fresh appeal in a US court against a federal judge's ruling that had denied his bid to throw out his two-year sentence and conviction on insider trading charges.

Aug 26, 2015, 10:38 AM IST

Goldman Sachs invests Rs 900 crore in Piramal Realty

Last month, an affiliate of Warburg Pincus, a leading global equity firm focused on growth investing,?committed an investment of?Rs 1,800?crore?for a minority stake.

Aug 17, 2015, 15:51 PM IST

Rajat Gupta's appeal to overturn insider trading conviction rejected

A US federal judge has rejected a fresh appeal by India-born former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction, ruling that the "hard fact remains" he committed a "serious crime" and pursuing further legal options will serve no purpose.

Aug 06, 2015, 10:48 AM IST

From insider trading to washing dishes in jail: This is how Rajat Gupta spends time

Rajat Gupta, currently serving two years in a federal prison in Massachusetts washed dishes at the prison cafeteria briefly according to an account in NYT.

Aug 05, 2015, 10:13 AM IST

Gupta should end challenge to insider trading verdict: Bharara

The US has opposed India-born former Goldman Sachs director Rajat Gupta's fresh appeal to overturn his insider trading conviction, saying he should now end his challenge to the jury's "well-founded" verdict that he gained from his illegal tips to ex-hedge fund founder Raj Rajaratnam.

Aug 04, 2015, 15:21 PM IST