News for 'Goldman Sachs'

What I learned from failure: Lessons from a co-founder

What I learned from failure: Lessons from a co-founder

Rediff.com6 Aug 2018

It's important to learn from failure, and just show up the next day, and the next, till you've got it right, says Radhika Ghai, co-founder, ShopClues

Businessmen who wrote books on prison life!

Businessmen who wrote books on prison life!

Rediff.com13 Apr 2016

Former head of McKinsey & Co,c, is not alone in writing a book on his life after serving a prison term.

One month of lockdown: Small-caps outperform Sensex, mid-caps

One month of lockdown: Small-caps outperform Sensex, mid-caps

Rediff.com24 Apr 2020

The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex.

Rajat Gupta denied permission by US court to visit India

Rajat Gupta denied permission by US court to visit India

Rediff.com26 Mar 2014

Rajat Gupta had made the request to travel to India in February.

Paytm listing fiasco: Sebi may quiz investment bankers

Paytm listing fiasco: Sebi may quiz investment bankers

Rediff.com27 Nov 2021

Sebi also plans to examine if any comments made by company officials or the bankers could have misled investors.

Dancer, actress, Stanford grad: Lavanya Ashok shares her life lessons

Dancer, actress, Stanford grad: Lavanya Ashok shares her life lessons

Rediff.com9 Sep 2014

Find out how Lavanya Ashok, vice president and executive director private equity at Goldman Sachs is inspiring other women to follow their dreams too.

Will Reliance be real estate's new disruptor?

Will Reliance be real estate's new disruptor?

Rediff.com16 Dec 2020

A stake sale of Reliance's real estate portfolio would help it raise anything between $1-5 billion and could be one of the triggers for the company's shares to break out.

25 years of private sector MF:The 3 crucial pillars!

25 years of private sector MF:The 3 crucial pillars!

Rediff.com9 Jul 2018

Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.

Airtel to acquire Tikona's 4G biz for about Rs 1,600 cr

Airtel to acquire Tikona's 4G biz for about Rs 1,600 cr

Rediff.com23 Mar 2017

With this acquisition, Airtel will be second company, after Reliance Jio, in the country to have pan-India presence in 2300 Mhz band

Placements drop by 5 per cent at IIM-C

Placements drop by 5 per cent at IIM-C

Rediff.com6 Mar 2017

It is not clear whether the drop in offers is a fallout of demonetisation.

Modi offers Silicon Valley the welcome Xi won't

Modi offers Silicon Valley the welcome Xi won't

Rediff.com25 Sep 2015

Technology purchases in the People's Republic will reach $136 billion this year, four times more than in India.

Post-Budget, stock market will remain volatile for few days

Post-Budget, stock market will remain volatile for few days

Rediff.com3 Feb 2020

'The market was expecting the Budget to do more, given the domestic economic slowdown and global uncertainty. Over the next few days, the market is expected to absorb the volatility.'

Rajat Gupta's appeal to quash insider trading conviction fails

Rajat Gupta's appeal to quash insider trading conviction fails

Rediff.com3 Jul 2015

Gupta was convicted of passing confidential information.

India among world's worst performing economies: Abhijit Banerjee

India among world's worst performing economies: Abhijit Banerjee

Rediff.com29 Sep 2020

Stating that India's economic stimulus was not adequate, Banerjee said, the measures did not increase consumption spending of lower income people as the government was not willing to put money in the hands of the low income population.

3 Indian Americans on Forbes list of richest women

3 Indian Americans on Forbes list of richest women

Rediff.com7 Jun 2019

President and CEO of computer networking firm Arista Networks Jayshree Ullal, cofounder of IT consulting and outsourcing firm Syntel Neerja Sethi, and CTO and cofounder of streaming data technology company Confluent Neha Narkhede are in the Forbes list of 'America's Richest Self-Made Women 2019'.

India's CAD to swing into surplus in 2015: Morgan Stanley

India's CAD to swing into surplus in 2015: Morgan Stanley

Rediff.com26 Jan 2015

The CAD has been narrowing since 2012 to an estimated 1.6% of GDP in 2014

Paytm to raise $300 million, valuation pegged at $5 billion

Paytm to raise $300 million, valuation pegged at $5 billion

Rediff.com29 Aug 2016

Paytm, which recently hived off its e-commerce and payments bank businesses into separate companies, would use these fresh funds to bolster the two businesses

Oil prices plunge again as UAE defends holding production

Oil prices plunge again as UAE defends holding production

Rediff.com13 Jan 2015

Oil prices continued their rout on Tuesday with Brent crude and U.S. WTI both falling to their lowest in almost six years as a big OPEC producer stood by the group's decision not to cut output to tackle a glut in the market.

Want To Be An Investment Banker?

Want To Be An Investment Banker?

Rediff.com7 Apr 2022

2022 is shaping up as the year brimming with job opportunities for people who possess relevant skillsets. Therefore, it is crucial for fresh graduates and young professionals to enroll in relevant certification courses to add more feathers to their introductory portfolio

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.

Oil drops below $59 for first time since 2009

Oil drops below $59 for first time since 2009

Rediff.com16 Dec 2014

Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to concerns about demand.

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Rediff.com24 Oct 2022

Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.

Rishi Sunak likely to become first Indian-origin British PM today

Rishi Sunak likely to become first Indian-origin British PM today

Rediff.com24 Oct 2022

With the former prime minister stepping aside on Sunday night saying it was "simply not the right time" for his comeback, the prospect of a Diwali victory for Sunak cannot be ruled out.

Jaitley targets CBI over Kochhar probe

Jaitley targets CBI over Kochhar probe

Rediff.com25 Jan 2019

One of the reasons why conviction rates in India are poor is that "adventurism and megalomania overtakes our investigators and professionalism takes a back seat," Jaitley said on Twitter.

Who will gain the most from easier spectrum caps?

Who will gain the most from easier spectrum caps?

Rediff.com9 Mar 2018

According to a Deutsche Bank report, the Idea-Vodafone combine will have to pay a 30 per cent lower annual installment on spectrum due to the longer duration of the payment tenure.

Diwali extravaganza for buy-now, pay-later biz

Diwali extravaganza for buy-now, pay-later biz

Rediff.com17 Nov 2021

The 'buy-now, pay-later' (BNPL) juggernaut continued to roll on during the festive season with multiple players seeing disbursals grow by more than 100 per cent compared to Diwali last year. LazyPay, the BNPL platform of Prosus-owned payments major PayU, witnessed a credit demand increase of 300 per cent over the festive season last year, especially in segments like travel, food & beverages and entertainment. "We also saw an uptick of 70 per cent in user acquisition in the last two months.

Why Vodafone Idea has failed to raise fresh funds

Why Vodafone Idea has failed to raise fresh funds

Rediff.com12 Jul 2021

Vodafone-Idea (Vi) has said the key hurdle it faces in raising fresh funding, despite interest from investors, is the 'pricing situation' which is also the reason why it has asked the Department of Telecommunica-tions (DoT) for another extension of the moratorium on payment of spectrum instalment by one more year. Responding to a question during an analysts' call on Friday after its quarterly results on the reason for the delay in fund-raising nine months after it was announced, CEO & MD Ravinder Takkar said: "We are in discussions with investors. There is continued interest in investing in the telecom sector in the country. "The biggest hurdle is that the overall industry is under stress because of the pricing situation." He said that once tariffs go up, it will create a significant amount of confidence.

Power Grid out of ETF; FinMin files offer document

Power Grid out of ETF; FinMin files offer document

Rediff.com25 Feb 2014

The Finance Ministry has filed the offer document with market regulator Securities and Exchange Board of India for the Central Public Sector Enterprises ETF, which could fetch the exchequer about Rs 3,000 crore (Rs 30 billion).

Spooked by Budget, foreign investors sell Rs 6000cr of equities

Spooked by Budget, foreign investors sell Rs 6000cr of equities

Rediff.com18 Jul 2019

They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy.

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

Rediff.com21 Mar 2018

LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said

Eight banks submit bids to manage $3.2 billion Coal India divestment

Eight banks submit bids to manage $3.2 billion Coal India divestment

Rediff.com16 Nov 2015

Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-per cent stake divestment in state-owned Coal India.

Summer placements: IIM-B grads bag plum offers

Summer placements: IIM-B grads bag plum offers

Rediff.com5 Nov 2015

Nearly 150 companies visited the campus this year.

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Rediff.com13 May 2020

The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.

China's slowdown confirmed as Q3 GDP falls by 3%

China's slowdown confirmed as Q3 GDP falls by 3%

Rediff.com18 Oct 2021

China's GDP grew by 4.9 per cent in the third quarter, down from 7.9 per cent in the second, confirming the slowdown of the world's second-largest economy which was under pressure from the crisis-hit property sector, curbs on energy and tardy recovery from the Covid-19 pandemic.

Covid impact: Economy unlikely to see double-digit growth in FY22

Covid impact: Economy unlikely to see double-digit growth in FY22

Rediff.com1 Jun 2021

India's economy is unlikely to see double-digit growth and may grow between 8 per cent and 9 per cent this fiscal year (2021-22, or FY22), against the estimated 11.5 per cent, according to leading economists and rating agencies. The downward revision of growth projections to as low as 10 per cent is mostly on account of stringency in restrictions by states, relatively slow vaccination pace, and the possibility of a third wave of the pandemic. However, they say the impact will not be as severe as the first wave, and expect the first quarter to see positive growth.

Rajat Gupta files appeal to overturn insider trading conviction

Rajat Gupta files appeal to overturn insider trading conviction

Rediff.com26 Aug 2015

Gupta was convicted of passing confidential information.

Oil is grounded in a sub-$60 bear market

Oil is grounded in a sub-$60 bear market

Rediff.com7 Jul 2015

Plenty of other factors are likely to keep a lid on prices.

Mid-and small-caps to out-perform in 2021: Analysts

Mid-and small-caps to out-perform in 2021: Analysts

Rediff.com19 Nov 2020

Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.

'India to grow 7.5-8% in FY16'

'India to grow 7.5-8% in FY16'

Rediff.com15 Sep 2015

In the last financial year, GDP growth was 7.3 per cent.

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.