New Delhi-born Sanjeev K Mehra, managing director and partner in the principal investment area of Goldman, Sachs & Co, where he leads the industrial private equity investing effort and is the key benefactor of the envisaged $4 million South Asia chair at Harvard University, says it is simply a case "of giving back".
Top consulting firms like McKinsey and Co, and Bain and Co along with others in the investment banking industry, such as Goldman Sachs and Deutsche Bank, have extended fulltime offers to students who interned at IIM-A.
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
Wall Street research analysts have suffered rounds of layoffs, big pay cuts, and accusations that they routinely lied to the investing public. Now there's a new worry -- that their jobs are being shipped overseas.
A perception that India has a gigantic problem has suddenly been turned into a perception that India faces a gigantic opportunity
It is not just the pink papers reporting that foreign financial entities (GE Money, Goldman Sachs and Merrill Lynch to name a few) are showing interest in Indian banking sector
We wish to build a leading investment banking set up in India.
So far in 2019, India has been one of the highest recipients of foreign flows among Asian and Emerging Market (EM) economies
India is at a greater risk than the other three BRIC (Brazil, Russia and China) economies in the event of a slowdown in the US economy, a study by global investment banking firm Goldman Sachs has said.
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.
Two whole-time directors KVS Manian and Shanti Ekambaram of Kotak Mahindra Bank are in the race for the post of managing director and CEO, the position vacated by Uday Kotak last week. Kotak stepped down as MD and CEO of the bank effective September 1, 2023, four months ahead of his term was to end. The RBI will soon decide on Kotak's replacement as the new MD and CEO of Kotak Mahindra Bank, as the new person has to take charge on or before January 1, 2024.
The offer comprises of 5.12 million primary ADSs, 1.75 million secondary ADS and up to an additional 1.03 million primary ADSs under the over-allotment option given to the underwriters, it said.
Interest rates still aren't low enough to stimulate the U.S. economy. Washington needs to engender more inflation so "real" rates turn substantially negative
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
Gupta, 65, reported to the minimum security satellite camp at FMC Devens in Ayer, Massachusetts on June 17.
India is likely to benefit from the exodus of high tech jobs from North America as over 6 million jobs are expected to shift overseas in a decade.
With inflation down, the government's twin deficits are largely under control.
The B-school also witnessed new roles in the domain.
The offering comprises secondary sale of 13.68 million shares, constituting 27.3 per cent stake.
State-owned Oil and Natural Gas Corp is in talks to buyout US oil and gas producer Pogo Producing Co's stake in an offshore Thailand field.
Piramal Realty received equity funding from Warburg Pincus and Goldman Sachs in July.
