News for 'Goldman Sachs India'

Offers Pour In At IITs' Placement Season

Offers Pour In At IITs' Placement Season

Rediff.com24 Dec 2024

Major recruiters, with double-digit offers at IIT campuses this year so far, include American Express, Barclays, BCG, Cars24, Deutsche Bank, Goldman Sachs, Google, Intel India, Meesho, Micron Technology, Microsoft, OLA, Oracle, Reliance, and Qualcomm.

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

Rediff.com28 May 2025

British multinational BAT Plc on Wednesday trimmed its ownership in conglomerate ITC by divesting a 2.5 per cent stake for Rs 12,927 crore ($1.51 billion) through a block deal, according to a revised term sheet accessed by PTI. Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE.

A growing China is good for everyone: Goldman CEO

A growing China is good for everyone: Goldman CEO

Rediff.com11 Jun 2014

A growing China is good for everybody as creation of wealth "ultimately trickles across the world", Goldman Sachs chairman and CEO Lloyd Blankfein has said.

What are the Most Awaited IPOs of 2026?

What are the Most Awaited IPOs of 2026?

Rediff.com29 Oct 2025

Several companies across sectors like finance, healthcare, wellness, retail technology, and asset management are bracing up to hit the D-street. With an unprecedented 1.7 lakh crore raised in 2025, the momentum is likely to sustain in 2026.

Citi, Goldman acquire stake in ICSA India

Citi, Goldman acquire stake in ICSA India

Rediff.com18 Jan 2007

Hyderabad-based ICSA (India) is divesting 14 per cent of its stake to Citigroup Venture Capital International Growth Partnership Mauritius for $30 million

India's fiscal deficit to be highest: Goldman

India's fiscal deficit to be highest: Goldman

Rediff.com20 Feb 2009

India's fiscal deficit, including the Centre and states, would be among the highest in the world and likely to be 10.3 per cent of GDP in the current fiscal and 10 per cent in the next fiscal, financial services firm Goldman Sachs said on Friday.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

RBI to hold rates this year, may tighten in 2018: Goldman

RBI to hold rates this year, may tighten in 2018: Goldman

Rediff.com29 Mar 2017

Key risk for price rise is the 'deficient' monsoon that could lead to a pick-up in inflation expectations.

Jio's Rs 30,000 Cr IPO: India's Largest

Jio's Rs 30,000 Cr IPO: India's Largest

Rediff.com2 Sep 2025

Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.

Goldman cuts India's FY09 growth forecast to 6.7%

Goldman cuts India's FY09 growth forecast to 6.7%

Rediff.com10 Nov 2008

The brokerage lowered its GDP growth numbers for FY09 to 6.7 per cent from 7.5 per cent and for FY10 to 5.8 per cent from 7 per cent, Goldman said in a research note on Monday. Goldman Sachs said the gathering financial crisis over the past several weeks has affected India's financial sector significantly, with both domestic and external liquidity drying up. This has impacted the financing for corporates, loans for households, and trade credit for exporters.

Can Sensex Hit 86,000 in 2024?

Can Sensex Hit 86,000 in 2024?

Rediff.com28 Nov 2023

The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.

Sensex crosses 19K as Goldman upgrades India

Sensex crosses 19K as Goldman upgrades India

Rediff.com29 Nov 2012

Sensex crosses 19,000-mark for the first time since October 5.

What's Pushing India-US Ties To Breaking Point?

What's Pushing India-US Ties To Breaking Point?

Rediff.com16 Aug 2025

The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.

After Goldman, CLSA goes gaga over Modi

After Goldman, CLSA goes gaga over Modi

Rediff.com10 Nov 2013

Says a BJP win would raise business confidence and, as a result, the chances of a new investment cycle

Goldman to manage state companies ETF

Goldman to manage state companies ETF

Rediff.com16 Apr 2013

The planned fund could help New Delhi raise between $1 billion and $2 billion.

Wharton Economic Forum to highlight India's rise

Wharton Economic Forum to highlight India's rise

Rediff.com8 Apr 2011

The theme for this years conference is 'India: Gaining Momentum'.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC

Rediff.com14 Dec 2024

Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300 per gram in the Indian markets (up 28 per cent in dollar terms till November-end), are set for their best calendar year performance in 10 years, suggests a recent report by World Gold Council (WGC). However, this stellar run, analysts believe, may not carry through till the end of 2025 in the backdrop of economic and geopolitical headwinds.

Goldman in $2bn property push

Goldman in $2bn property push

Rediff.com10 Dec 2007

Goldman Sachs has amassed $2bn to use for property investments in Asia, a move likely to intensify competition for assets in fast-growing markets such as China and India.

Bengaluru Traffic Test Corporate Patience

Bengaluru Traffic Test Corporate Patience

Rediff.com20 Sep 2025

'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'

India will win 1 gold. How true are these Rio predictions?

India will win 1 gold. How true are these Rio predictions?

Rediff.com2 Aug 2016

The world's two largest economies, the United States and China, will again win most gold medals at the Olympics and Britain will push Russia into third place in the overall standings, Goldman Sachs predicted in a survey released on Monday.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

Emerging markets mania was a costly mistake: Goldman exec

Emerging markets mania was a costly mistake: Goldman exec

Rediff.com5 Jul 2013

Investors who ditched US markets for emerging ones during the financial crisis are set to pay a hefty price.

Goldman removes DLF from Asia-Pacific 'buy' list

Goldman removes DLF from Asia-Pacific 'buy' list

Rediff.com11 Oct 2012

However UBS maintains a buy with a price target of Rs 280.

India's IT workforce seen at 2 mn in 10 years

India's IT workforce seen at 2 mn in 10 years

Rediff.com29 Apr 2004

Information technology workforce in India could grow to 2 million in 10 years, according to a report by merchant banking firm Goldman Sachs.

RBI to have little space to fund deficit: Goldman

RBI to have little space to fund deficit: Goldman

Rediff.com30 Mar 2009

The Reserve Bank of India will have little space to finance the government beyond fiscal 2009-10, global financial services firm Goldman Sachs said in a report that scrutinised the RBI's balance sheet.

Goldman, Macquarie to pick up stake in PTC arm

Goldman, Macquarie to pick up stake in PTC arm

Rediff.com8 Dec 2007

The companies will pick up 20 per cent each in PTC Financial Services, a non-banking finance company (NBFC). The total investments could be Rs 50-60 crore (Rs 500-600 million), including a premium of Rs 3-5 on a face value of Rs 10 a share, according to company executives.

Why India's economic growth will pick up in 2013

Why India's economic growth will pick up in 2013

Rediff.com7 Dec 2012

A decline in oil prices, improving demand situation in abroad markets and structural reforms at home will help Indian economy regain its high growth trajectory in the coming years, according to US investment banking giant Goldman Sachs.

Debt market at $1.5 trillion by 2016: Goldman

Debt market at $1.5 trillion by 2016: Goldman

Rediff.com8 Nov 2007

The Indian corporate bond market with gradual pace of reforms may see roughly a four-fold rise in size to reach $1.5 trillion by 2016, according to a Goldman Sachs report on the debt market. Within this market, which is crucial for raising long term resources for infrastructure projects, the private bonds segment could grow nearly six fold from $100 billion to $575 billion.

GCCs reach new heights in India with neo and mid-sized banks

GCCs reach new heights in India with neo and mid-sized banks

Rediff.com24 Mar 2025

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.

India Inc's capital expenditure to get lift from high capacity usage

India Inc's capital expenditure to get lift from high capacity usage

Rediff.com31 Oct 2023

Capital expenditure by Indian companies is likely to see an uptick in the upcoming quarters as capacity utilisation has surpassed the critical threshold of 75 per cent, and numerous companies have deleveraged their balance sheets, according to analysts. The first quarter of the current financial year has shown improved profitability, driven by a decrease in input prices. This, according to analysts at Care Ratings, should stimulate a revival in the private capex cycle.

Gupta seeks probation on insider trading charges

Gupta seeks probation on insider trading charges

Rediff.com18 Oct 2012

In a 99-page sentencing memorandum submitted in federal court on Thursday, Gupta's lawyer Gary Naftalis requested that the 'court impose a sentence of probation with the condition that Gupta perform a rigorous full-time program of community service.'

Why McDonalds, KFC Have Gone Korean

Why McDonalds, KFC Have Gone Korean

Rediff.com21 Apr 2025

The restaurant chains are riding the Hallyu wave -- a phenomenon about the growing global prominence of South Korean pop culture.

Deutsche Bank is top I-bank in India

Deutsche Bank is top I-bank in India

Rediff.com25 Sep 2008

With a market share of 16.6 per cent in mergers and acquisitions and 14.2 per cent in fund raising through the equity route, the investment banking arm of the German financial behemoth has become the numero uno investment bank in the country.

Reforms to give India 110 million jobs in 10 years

Reforms to give India 110 million jobs in 10 years

Rediff.com28 Mar 2014

The report said the Gujarat government amended the Industrial Disputes Act in 2004 to allow for greater flexibility in the labour market for special economic zones.

In 10 years, India's GDP will surpass UK's

In 10 years, India's GDP will surpass UK's

Rediff.com23 Jan 2007

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.

India's IT exports only 2% of global spending

India's IT exports only 2% of global spending

Rediff.com29 Apr 2004

India's information technology services export is only 2 per cent of the worldwide IT spending despite the global focus on the country's offshoring capabilities, merchant banker Goldman Sachs said in its latest report.

Goldman downgrades Indian stocks on growth concerns

Goldman downgrades Indian stocks on growth concerns

Rediff.com1 Aug 2013

Goldman Sachs downgraded its rating on Indian stocks to 'underweight'.