Although UltraTech Cement's results for the December quarter of the current financial year (Q3FY25) were not an improvement compared to Q3FY24, the company managed to surpass Street expectations. The company's profit attributable to the owners of the parent dropped 17.4 per cent year-on-year (Y-o-Y) to Rs 1,469.5 crore in Q3FY25 as against Rs 1,777 crore in Q3FY24.
Even as the rest of India are heading towards Ayodhya, Tamannaah Bhatia has another temple in her sights.
Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.
The brokerage said that the reform measures announced by the government will help growth only over the medium term and are not expected to have any benefit in the near-term.
Global merchant banking firm Goldman Sachs said on Tuesday India can potentially be a 'bigger growth story' by growing faster than China after 2015 if it improves infrastructure and education system.\n\n\n\n
A string of acquisitions this year has pushed India to the top of the Asia's inbound M&A league table.
Securities Exchange Commission, the American market regulator, on Friday charged investment banking major Goldman Sachs with fraud on subprime mortgages, saying that Goldman did not disclose key facts to investors.
The Reserve Bank of India in its annual monetary policy predicts an annual inflation number every year which is not a mandate, as there is no inflation target set by the government.
The estimate is way below the government's forecast of 9 per cent growth in 2011-12.
The show was to go on air from the first week of April.
Goldman says the downgrade reflects the more difficult external funding conditions for Asia as markets increasingly anticipate Fed tapering and eventual exit from unconventional monetary policies.
The Budget will be keenly watched (to see) whether there is a credible plan for reducing the fiscal deficit and whether populist measures can be avoided before the 2014 general elections," the Wall Street firm said in a note.
MDH Spices has denied allegations that its products have traces of cancer-causing agent ethylene oxide (ETO), calling them "untrue" and "lacking any substantiating evidence." "Amid speculations doing rounds that there is presence of ETO in our products, we clarify and state unequivocally that these claims are untrue and lack any substantiating evidence," a statement released by the company said.
Minister for Information and Broadcasting Ambika Soni urged that private television channels to show restraint and evolve self-regulatory mechanism so that their programmes do not hurt the sentiments of people.
'Unfortunately, our system doesn't care for slow learners. That's where tutors like us come into play,' Aarti Kannan tells Rediff.com's Divya Nair.
Goldman Sachs has bounced back spectacularly from the financial crisis and so far this year it has earmarked $16.71 billion as compensation.
World oil prices shot up to $55 per barrel on Friday following a warning by global investment bank Goldman Sachs that crude oil might have entered a 'super-spike' period which can push up oil prices to an astronomical $105 a barrel.
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.
Rhea Chakraborty recently unveiled a teaser of the upcoming episode of her podcast, Chapter 2, which shows Aamir Khan in a candid conversation with her.
The underperforming metal for 2017 expected to return 17-20%
'MNCs now recognise India's capacity for innovation and its pivotal role in substantive contributions to global product development.'
Financial services giants Goldman Sachs and Morgan Stanley are said to be the front-runners for the role of lead investment banker in Facebook's much-awaited blockbuster initial public offering next year, a media report said.
Based on a complaint by the legal head of the company Abhishek Parsheera, a case under various IPC sections including criminal breach of trust and cheating was registered against the two.
A senior executive with global investment banking giant Goldman Sachs, Sanjay Patel, has been named among the UK's 20 most powerful fund managers. Currently in his second spell at Goldman Sachs, after leaving it for an alternative asset management fund house GSC Partners, Patel is co-head of Goldman Sachs' European PE and Indian capital equity businesses. Patel returned to Goldman Sachs in February 2006.
From dubbing voices to putting faces with the help of AI, political campaigns are undergoing a Bollywood makeover. Among the favourites is a scene from the Anil Kapoor-starrer Nayak, posted by the BJP, where Kapoor asks about the Chunaavi Vaade (poll promise), with Arvind Kejriwal at the receiving end instead of Amrish Puri.
The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.
Analjit to guard stake by pumping in money.
As many as nine companies which suffered the brunt of the economic crisis and were bailed out by the government -- including Citigroup and Goldman Sachs -- are among the least reputed companies in the US, a study said.
In the 12th five year plan, the total T&D expenditure is projected to be around $88 billion.
62-year-old Gupta appeared in Manhattan federal court but it was not immediately known what charges have been slapped against him by the prosecutors.
Goldman Sachs on Tuesday reported its first quarterly loss since it became a public company in 1999, after a severe decline in asset values, including real estate, hit the bank's revenues.
Global investment banking and securities firm Goldman Sachs has expressed interest in acquiring equity in Delhi-based SpiceJet even as top sources said talks for a merger with Kingfisher Airlines are on track.
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.
Goldman includes Bajaj Auto Ltd and Tata Steel Ltd in its Asia-Pacific growth recovery group of stocks.
The company's 30-person management committee, including chairman and chief executive officer Lloyd Blankfein, chief financial officer David Viniar and leaders of the firm's global and regional divisions, would get bonuses in stocks, which cannot be sold for five years.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
New investors should gradually build a 5 to 10 per cent allocation to gold.
A bench headed by Justice S H Kapadia, while disposing of Sebi's plea, also expunged the Securities Appellate Tribunal's observations on Sebi's adjudicating officer Amit Pradhan. Pradhan had imposed a penalty of Rs 1 crore (Rs 10 million) on Goldman Sachs Investment (Mauritius) for furnishing 'false' declarations citing violation of the Sebi(Foreign Institutional Investors) Regulations, 1995.
Reliance Industries Ltd invested over $125 billion in the last ten years as it undertook massive expansion in hydrocarbon and telecom businesses, a report said, estimating that the conglomerate's investments in the next three years would be in relatively less capex-heavy retail and upstream new energy. Reliance is coming out of a series of long and intensive capex cycles (hydrocarbons and telecom).
