From data analysts to financial firms, everyone has their views on who could win the FIFA World Cup, starting in Brazil next month. Here are some interesting predictions by two international firms -- Opta and Goldman Sachs -- about the how tournament could pan out. Read on...
US regulator SEC has asked an appeals court to affirm a district court's decision that India-born former Goldman Sachs director Rajat Gupta pay a $13.9 million penalty and be banned for life from serving as director of a public corporation.
Markets ended at record highs on Monday on hopes that the new government would unveil reforms in the infrastructure space.
Global ratings agency Standard & Poor's has also raised India's sovereign credit rating to investment grade after a gap of nearly 16 years.
The yuan-denominated A-share market of China will become world's third largest stock market in the next ten years - after the stocks markets of United States and Japan, an expert from Goldman Sachs Group (Asia) Ltd. said.
Justice Ruth Bader Ginsburg, who handles emergency applications from the 2nd Circuit, on Wednesday denied Gupta's request to stay out of prison.
The brokerage said the consolidated fiscal deficit, including that of the Union (3.6 per cent), the states (2.6 per cent) and the off-budget borrowings which are being resorted to increasingly is a worry.
Gupta's lawyers said he did not accrue any 'direct financial benefit' from the insider trading offences and yet he has been ordered to pay a 'heavy price' of two years in prison, a $5 million fine and a separate $6 million in restitution to Goldman Sachs.
For 2021-22, it projected the economy to clock a growth of 10.6 per cent.
Says a BJP win would raise business confidence and, as a result, the chances of a new investment cycle
India can sustain an 8 per cent growth rate till 2020 and will overtake UK as the world's fifth-largest economy by the middle of next decade at this pace, global financial services firm Goldman Sachs has said.
Three global investment firms -- Morgan Stanley, Deutsche Bank and Goldman Sachs -- have picked up a total of 10 per cent stake in city-based software firm Core Projects and Technologies Ltd at a combined investment of Rs 39.76 crore (Rs 397.6 mn).
Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.
Microsoft came the closest and acquired 1.6 per cent stake in the company for $250 million valuing it at $15 billion.
During the meeting with Finance Minister Nirmala Sitharaman, it was also suggested that employees' provident fund should increase its exposure in the stock market, which in turn would improve liquidity.
'As soon as the BJP feels they are going to lose power, they will publish the caste census data of 2011 and conduct the caste census of 2021.'
With inflation down, the government's twin deficits are largely under control.
Let's take a look at 25 most undervalued stocks in the market.
BWith a distracted president brooding in the White House, Pompeo seems to think his day has come. He seems to be pushing a personal agenda before a target audience in America, observes Ambassador M K Bhadrakumar.
Gupta's lawyer Seth Waxman argued his case during a hearing before a three-judge panel of the 2nd US Circuit Court of Appeals in New York on Monday.
Gupta began serving a two-year prison term on insider trading charges
Laying fibre to home is a cumbersome and a slow process as every building has to be physically wired.
The e-commerce firm recruited 18 post graduate students.
Twitter has filed for an initial public offering with US regulators.
India could not achieve its full potential owing to "misgovernance", while BRIC countries progressed rapidly in the last decade, Gujarat Chief Minister Narendra Modi said on Monday.
Cohn served as Trump's chief economic advisor since the beginning of the Administration. During his stay at the White House, he led coordination of Trump's pro-growth domestic and global economic policy agenda, including the passage of historic tax cuts and reforms in December 2017, the official said.
With $110.8 billion in equity and long-term debt, Morgan Stanley is the world's largest securities firm, according to the Institutional Investor magazine's annual capital position rankings.
The Sri Lanka tri-series, for which Sourav Ganguly has been picked as the 16th member of the side, begins on July 30.
Investors who ditched US markets for emerging ones during the financial crisis are set to pay a hefty price.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
Piramal Realty received equity funding from Warburg Pincus and Goldman Sachs in July.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Seth Waxman, lawyer for Gupta, told the 2nd US Circuit Court of Appeals in New York on Tuesday that wiretaps played for the jury were inadmissible because they amounted to hearsay evidence.
Goldman's relationship with ICBC was similar to that of other big global financial institutions that purchased stakes in Chinese banks and insurers.
Gupta's two-year prison term is set to end in March 2016.
Vodafone and Bharti have pointed out that, for data, their revenue realisation should be at Rs 30-35 per GB for them to cover their costs as opposed to the current figure of over Rs 11 per GB. But Jio has suggested a gradual increase to Rs 15 per GB and then maybe to Rs 20 per GB after six to nine months.