Tag: Goldman Sachs

Goldman Sachs: Biocon Biologics to receive $150 million from Goldman Sachs against convertible debentures

Bengaluru: Biocon Biologics, a subsidiary of Biocon, will receive an investment of $150 million (Rs 1125 crore) from Goldman Sachs against optionally convertible debentures, as...

IIM-Kozhikode completes summer placements with average two-month stipend of Rs 1.88 lakh

Kolkata: IIM Kozhikode has completed summer placements for the 24th batch of its post graduate program (PGP) and the inaugural batches of PGP Liberal Studies...

Wall Street is becoming increasingly confident the US stock sell-off is past its worst

New York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020. Tayfun Coskun/Anadolu Agency/Getty Images...

Rallying stock market is forcing everyone to become a believer

By Lu Wang From professional investors to market handicappers, it’s becoming next to impossible to stay bearish in the face of the rally in equities....

View: Out of the Covid-19 disaster comes privatisation, and other reforms

After Prime Minister Narendra Modi’s announcement of a Rs 20 trillion revival package, and finance minister Nirmala Sitharaman’s elucidation of the measures in five instalments,...

Goldman Sachs Market outlook: Goldman Sachs says stocks due for 18% drop after rally driven by FOMO

By Luke Kawa In the equity market, fear of missing out seems to be overshadowing fear of all that’s wrong with the economy. Goldman Sachs...

Goldman Sachs: Indian economy may contract 0.4% in FY21, says Nomura and Goldman Sachs

Mumbai: Two foreign brokerages on Friday predicted a contraction of 0.4 per cent of India’s GDP in the current financial year due to the impact...

Goldman Sachs says now is the time to sell Apple, forecasts 20% drop from current level

Getty Goldman Sachs downgraded Apple shares to “sell” on Friday, citing the economic slump for its forecast of a near-term decline in device sales. The...

Crude Oil Prices: Oil price war ends with historic Opec+ deal to cut production

By Javier Blas, Salma El Wardany and Grant Smith The world’s top oil producers pulled off a historic deal to cut global petroleum output by...

India’s GDP may plummet to multi-decade low of 1.6 per cent in FY21: Goldman Sachs

MUMBAI: Economic growth is likely to plummet to a multi-decade low of 1.6 per cent in fiscal year 2020-21 due to COVID-19 pandemic and ensuing...

US recession: Jamie Dimon sees ‘bad recession’ and echoes of 2008 crisis ahead

By Michelle F. Davis Jamie Dimon said the coronavirus pandemic will lead to a major economic downturn and stress mirroring the meltdown that nearly brought...