News for 'Goldman Sachs India'

Indian Oil, RIL, Tata Motors among world's 500 largest companies

Indian Oil, RIL, Tata Motors among world's 500 largest companies

Rediff.com23 Jul 2015

Companies are ranked by total revenues.

Oil prices dip as Iran deal opens up potential for export hike

Oil prices dip as Iran deal opens up potential for export hike

Rediff.com15 Jul 2015

Oil prices dipped on Wednesday as the market prepared for a gradual increase of Iranian exports into an already oversupplied market from 2016.

Green policy flip-flops spook foreign investment firms

Green policy flip-flops spook foreign investment firms

Rediff.com26 Feb 2021

Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.

RIL is a good stock to buy for long term: CLSA

RIL is a good stock to buy for long term: CLSA

Rediff.com4 May 2021

While Mukesh Ambani-led RIL posted a 108 per cent YoY rise in profit after tax for Q4FY21 at Rs 13,227 crore, it fell short of Bloomberg estimate of Rs 13,704 crore.

Rajat Gupta to fight legal battle to overturn conviction

Rajat Gupta to fight legal battle to overturn conviction

Rediff.com6 May 2016

Rajat Gupta was convicted in 2012 of passing confidential boardroom information to now jailed hedge fund founder Raj Rajaratnam.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Disinvestment ETF to hit market next week

Disinvestment ETF to hit market next week

Rediff.com14 Mar 2014

The ETF is expected to fetch the govt Rs 3,000 crore.

Indian-American attorney Preet Bharara asked to quit by Trump admin

Indian-American attorney Preet Bharara asked to quit by Trump admin

Rediff.com11 Mar 2017

Bharara, 48, has made a national and international mark for himself with many high-profile cases and investigations including foreign countries, insider trading and those involving US politicians.

Prospect of rate hike after inflation surge hits rupee, bonds

Prospect of rate hike after inflation surge hits rupee, bonds

Rediff.com13 Dec 2013

RBI chief Raghuram Rajan said on Thursday he was 'very uncomfortable' with the inflation reading, a comment that probably seals the case for him to deliver his third rate increase next Wednesday, despite a weak economy.

Rajat Gupta challenges $13.9 mn insider trading fine

Rajat Gupta challenges $13.9 mn insider trading fine

Rediff.com6 Nov 2013

India-born former Goldman Sachs director Rajat Gupta has asked a US appeals court to overturn a court's ruling that he pay a hefty $13.9 million fine in the insider trading case and sought reversing a life ban on him from serving as director of a public company.

Global forex probe ensnares a dozen large banks

Global forex probe ensnares a dozen large banks

Rediff.com10 Nov 2013

These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.

Rajat Gupta's appeal to overturn insider trading conviction rejected

Rajat Gupta's appeal to overturn insider trading conviction rejected

Rediff.com6 Aug 2015

His prison term is set to end on March 2016.

With 1,119 job offers, IIT-Kharagpur leads placement

With 1,119 job offers, IIT-Kharagpur leads placement

Rediff.com11 Dec 2019

IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5

Jaitley should practise what he preaches

Jaitley should practise what he preaches

Rediff.com29 Jan 2019

'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.

Uber aims to scorch roads with its offers

Uber aims to scorch roads with its offers

Rediff.com19 Apr 2015

India is its second-biggest market in terms of geographical presence

Adani stops work at Aus coal mine, rejigs budget

Adani stops work at Aus coal mine, rejigs budget

Rediff.com24 Jun 2015

Adani intends to ship most of the coal from the mine to India.

SBI may hit market with Rs 15,000 cr issue by June

SBI may hit market with Rs 15,000 cr issue by June

Rediff.com24 Apr 2015

Budget this year has allowed PSBs to bring down govt stake to 51%

Oil faces big monthly loss on slowing economic growth, oversupply

Oil faces big monthly loss on slowing economic growth, oversupply

Rediff.com29 Jul 2016

Both crude benchmarks are now down around 20 per cent since their last peak in June

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Rediff.com16 Jul 2021

RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.

Rajat Gupta released after completing 2-year prison term

Rajat Gupta released after completing 2-year prison term

Rediff.com13 Mar 2016

He was convicted in his 2012 trial of passing confidential boardroom information to his one-time friend and business associate Raj Rajaratnam

Economics Nobel for India-born Abhijit Banerjee, Esther Duflo, M Kremer

Economics Nobel for India-born Abhijit Banerjee, Esther Duflo, M Kremer

Rediff.com14 Oct 2019

Banerjee, 58, was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology.

India's 10 most valuable banking brands, SBI tops

India's 10 most valuable banking brands, SBI tops

Rediff.com2 Feb 2015

Indian banks are the 2nd-fastest-growing ones.

Realtors' deals with foreign funds rose threefold this year

Realtors' deals with foreign funds rose threefold this year

Rediff.com31 Dec 2015

Bigger companies are signing equity JVs with global investors.

Note ban impact: Sensex set to miss year-end target

Note ban impact: Sensex set to miss year-end target

Rediff.com7 Dec 2016

While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.

Trump impact: Net worth of India's tech billionaires eroded

Trump impact: Net worth of India's tech billionaires eroded

Rediff.com13 Apr 2017

IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.

Rajat Gupta's plea against business partner dismissed by court

Rajat Gupta's plea against business partner dismissed by court

Rediff.com6 Dec 2013

Rajat Gupta's lawyer Rishi Bhandari said suit was filed in order to ensure that there was a designee on the board.

Daiichi and Docomo go, but India remains a hot market for the Japanese

Daiichi and Docomo go, but India remains a hot market for the Japanese

Rediff.com27 Apr 2014

While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.

Jack Ma's Alibaba set to take on Jeff Bezos' Amazon in India

Jack Ma's Alibaba set to take on Jeff Bezos' Amazon in India

Rediff.com19 Mar 2016

Chinese e-commerce giant planning to enter India this year, will take on global e-retailer

'Rajat Gupta should end challenge to insider trading verdict'

'Rajat Gupta should end challenge to insider trading verdict'

Rediff.com4 Aug 2015

Gupta, 66, is currently serving his prison term.

Once mates, now inmates, Rajat Gupta, Raj Rajaratnam cross paths in same prison

Once mates, now inmates, Rajat Gupta, Raj Rajaratnam cross paths in same prison

Rediff.com3 Aug 2015

Gupta occasionally runs into his one time friend-turned foe Rajaratnam, also serving an 11-year prison term on insider trading charges in the same facility.

In 4G battle, spectrum deal may push Airtel to centre stage

In 4G battle, spectrum deal may push Airtel to centre stage

Rediff.com19 Mar 2016

These circles account for 23 per cent of Bharti's revenues and armed with additional spectrum, it will eat into rivals' share

Foreign investors may get permission to invest more in BSE, NSE

Foreign investors may get permission to invest more in BSE, NSE

Rediff.com10 Sep 2014

Jayshree P Upadhyay ' Mumbai September 9, 2014 Last Updated at 22:50 IST Top Stocks to Buy in 2014 8-10 Best Stocks for 2014 per month Highly Accurate Calls, Free Trial stockaxis.com/Stocks-to-buy-in-2014 Ads by Google 3 Add to My Page RELATED NEWS Foreign investor cap in bourses may be raised Sebi sets foreign portfolio investor limit of 10% per firm Sebi move on FPI regime grounded No clarity yet on FPI regime Jaimini Bhagwati: Correcting tax and disclosure anomalies Karbonn Titanium S5 Plus Be 1st to own latest Android phone with Dual SIM, 8 MP Camera & more!www.karbonnmobiles.com/S5_Plus 1Cr Life Cover @ Rs 543* Compare Premium of 46 Insurers Buy Online and save upto 55%www.policybazaar.com/TermInsur_Rate Ads by Google In a move that could increase the stake of foreign investors in Indian stock exchanges, the government is considering a threefold increase in the single-investor investment ceiling. Currently,a foreign portfolio investor (FPI) investment in an exchange is capped at five per cent. The finance ministry has written to the regulatory authorities to increase the ceiling to 15 per cent, said sources. The proposal is said to have in-principle approval from the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI). The move would bring the FPI investment limit in line with those for financial institutions such as insurance companies and banks. NEW POLICY IN THE WORKS Single foreign investor limit in exchanges to be revised from 5% to 15% Sebi and RBI have given in-principle approval to the proposal Government to amend foreign investment policy BSE has 8 foreign shareholders holding 31% stake NSE has close to 20 foreign shareholders holding 36% stake The government allowed the foreign investors to invest in stock exchanges in 2006, with an overall cap of 49 per cent. This latter cap is likely to be unchanged. BSE and the National Stock Exchange (NSE), the two large nationwide bourses, are likely to benefit from the increase in limits. BSE has eight foreign investors, which cumulatively own about 31 per cent in it. The shareholding of Deutsche Boerse Group and Singapore Exchange Ltd are a little below the five per cent ceiling. NSE has about 20 foreign shareholders, holding around 36 per cent. Cyprus' Gagil and Goldman Sachs own five per cent each; Citi Group has around two per cent. "The finance ministry has received representations stating that the present limit of five per cent is a deterrent in attracting long-term anchor and strategic foreign investors in stock exchanges. Following which, the ministry has sought comments from both Sebi and RBI," said a person privy to the matter. A higher foreign investor limit will not only encourage more investment in Indian bourses but help in exchange of technology and products, said exchange officials. "A five per cent limit on the shareholding of any single investor or investor group is too small to encourage them to take sufficient interest in growth of the exchange," said an official associated with one, asking not to be named. The regulator and the government are also mulling a change in the shareholding of clearing corporations, which could also see individual foreign investors' cap being increased to 15 per cent. Some sections of the market believe that allowing a single FPI to own 15 per cent in a exchange could be detrimental to having a diversified shareholding. The Bimal Jalan committee, in the previous review of ownership and governance of stock exchanges in 2010, had debated whether there was a need to revise the cap. It was in favour of having an anchor investor, such as a bank or financial institution, which would own up to 24 per cent. Read more on: Fpi ' Sebi ' Rbi ' Nse ' Foreign Investor ' Singapore Exchange ' Finance Ministry Read More Investors vie for shares of stock exchanges Pick-up in sentiment, volumes boost bourses' unlisted shares HDFC Life Click2Protect+ Get Lump Sum + Monthly Income Benefit* @ Affordable Rate. Buy Now hdfclife.com/Click2ProtectPlus Retirement Calculator Plan Your Retirement Online in 2Min Calculate & Compare Premium Here! policybazaar.com/Retirement Ads by Google Advertisements Get a freedom to choose your own plan. Click here to know more... Data transforming the match-making business. click here Open a free Trading & Demat A/c with Sharekhan Leadership and Corporate Accountability-India. Click here Great fares to Europe from INR 54,000* Amsterdam. Click here Start Investing with the best Broker in india Important Facts about Infant Hearing Screening Gifting Solutions. Make easy & perfect! Find out what converged solutions can do for you. Smart Cloud Virtualized Server Recovery. Learn more. The perfect drive the perfect style. Book a test drive 3 Add to My Page Back to Top Quick Links Go LATEST NEWSAll NewsIn this section Ebola threatening Liberia's existence, minister warns IS threatens to assassinate Twitter employees Motherson Sumi, Eicher Motors, TVS Motor gain inclusion in F&O segment ABG, Bharati Shipyard rallies on hopes of government sops Pre-market: Five stocks to watch out for in trade today US manufacturing industry pushes India for free trade Dollar gains on Fed outlook, hurts shares Wall St ends lower as Apple shares fall post launch Ukraine ceasefire 'mostly holding': US Flipkart launches third private label Citron News you can use Rss icon Errors to avoid when filing returns What is Gratuity? What are NEFT and RTGS? Check your Income Tax Credit credit status form-26AS online Saving capital gain tax on sale of property Calculate tax on your house property income How to Check your EPF Balance & status online Featured Videos iPhone killers? The biggest threats to Apple's dominance video Jaguar takes the battle to BMW video The 5 biggest IPOs in U.S. history video Here is the next-gen spy plane... a blimp video MOST POPULARReadSharedCommented Supreme Court reserves order on coal block allocations Apple launches Watch, two iPhones & Apple Pay Guj rains: Hundreds evacuated in Vadodara, Army on stand-by Neel Mukherjee's book in Man Booker shortlist Mumbai airport keeps airlines guessing on Airbus A380 parking bay Market News A fourth of mutual fund equity assets concentrated in 10 stocks ICICI Bank, HDFC Bank, Infosys, SBI and L&T among fund managers' preferred bets Den Networks: Investing in new growth avenues Its tie-up with Snapdeal to launch a shopping TV channel looks like a win-win deal Sensex, Nifty retreat from record highs on profit taking The BSE Sensex and Nifty fell on Tuesday from their record highs in the previous session as investors chose to book profits in recent ... High agri imports under govt lens Dept of commerce seeks ideas to curb import dependence for supply of commodities, writes to sector bodies MCX hopes FTIL stake sale will conclude by month-end The exchange's clarification came in the wake of FMC rejecting its demand to allow approvals for contracts for the March quarter of 2015.

Has the Rocketing Rupee reached its Zenith?

Has the Rocketing Rupee reached its Zenith?

Rediff.com9 Jun 2021

It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai.

RJio needs 75-80 mn users in 2-3 years to break even: Analysts

RJio needs 75-80 mn users in 2-3 years to break even: Analysts

Rediff.com2 Sep 2016

The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said

Indian stocks gave second highest returns globally

Indian stocks gave second highest returns globally

Rediff.com11 Sep 2014

However, it still lags far behind the US, which leads with a market-capitalisation of $23.9 trillion through August 2014.

IITians make a beeline to join Flipkart

IITians make a beeline to join Flipkart

Rediff.com3 Dec 2014

The second day of the placement season at Indian Institute of Technology (IIT) - Madras on Tuesday saw e-commerce major Flipkart Internet Pvt Ltd recruiting 19 students - the highest offer so far this season.

Why Sumant Sinha chose clean energy over politics

Why Sumant Sinha chose clean energy over politics

Rediff.com22 Feb 2017

'Right time, right place, right business and I could see I was the right person. It was a now or never moment in a sense. If I didn't do it then, then when? There is little point in entering a business as an entrepreneur when someone else has proven the concept.' BJP leader Yashwant Sinha's son started ReNew Power during the UPA II government to focus on clean energy.

Drones will deliver critical drugs at your doorstep

Drones will deliver critical drugs at your doorstep

Rediff.com17 Sep 2019

Maharashtra govt, California-based Zipline to launch the automated delivery service funded by Serum Institute.

Markets end flat amid volatility; Mid-,small-caps shine

Markets end flat amid volatility; Mid-,small-caps shine

Rediff.com5 Jan 2016

The broader markets are, however, outperforming the larger peer.

Bond yields rally in May on rate cut hopes

Bond yields rally in May on rate cut hopes

Rediff.com30 May 2019

The bond market expects at least 25 basis points cut in the June 6 policy.