Part relief for telcos from 2-year spectrum moratorium but more measures needed: Analysts
The Union Cabinet headed by Prime Minister Narendra Modi approved giving Bharti Airtel, Vodafone Idea Ltd and Reliance Jio an option to avail a two-year moratorium on payments they were supposed to make in yearly installments for the spectrum bought in auctions.
The $15 billion reason why Asia bond defaults could rise
GS forecasts a 3 per cent default rate next year for Asia high-yield corporate bonds...
Goldman Sachs settles bond-rigging lawsuit
GS did not admit wrongdoing, its settlement requires that it have antitrust compliance procedures.
Viral tweet about Apple Card leads to Goldman Sachs probe
A Wall Street regulator is opening a probe into Goldman Sachs Group Inc.’s credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card’s algorithms when determining credit limits. American businessman David Heinemeier Hansson had tweeted on Thursday that the Apple Card is a "sexist program."
Goldman Sachs cuts target prices on ZEE, Dish TV
Shares of ZEE and Dish TV have been under pressure in the recent times.
Goldman India co-head to retire after 21 years
Karnani joined Goldman Sachs in 1998 as an associate in equity capital markets.
Elizabeth Warren slams Goldman over Apple Card bias furor
Warren said in an interview from Concord, New Hampshire. “Sorry guys, that’s not how it works.” The flashy new partnership between Apple and Goldman Sachs has been embroiled in controversy in recent days after Apple co-founder Steve Wozniak highlighted unequal treatment in how the card handed out credit lines, sparking a probe by a New York regulator.
FOMO grows as investors scurry to catch stock rally
The S&P 500 surged to a record high and global equities rallied over the past few weeks.
Oil rises further above $62 as trade hopes support
Brent crude, the global benchmark, was up 30 cents at $62.48 a barrel by 1440 GMT, after falling as low as $61.90.
Brookfield in talks to invest $800 million in ReNew Power
Deal could offer partial exit to Goldman Sachs that owns 48% stake in green energy company. Goldman Sachs, a backer of the company since 2011, has invested about $370 million in ReNew Power through 2013 and 2014. Founded in 2011 by Sumant Sinha, the son of former finance minister Yashwant Sinha, ReNew Power has more than 4,300 mw of operational capacity.
Tata Steel drops over 3% post Q2 results
Global brokerage firm Goldman Sachs maintained ‘Buy’ on Tata Steel with a target price of Rs 443.
Titan Company drops 10% on poor H2 guidance
Analysts have largely cut their FY20 earnings forecast for the Tata Group firm by 4-10 per cent.
Goldman Sachs lowers forecast 2020 US shale oil output growth
US crude inventories rose by 9.3 million barrels in the week ended October 11.
Rakesh Jhunjhunwala buys 0.51% in YES Bank for Rs 87 crore
On Monday, CEO & MD Ravneet Gill, said the bank has received total bids worth $3 billion.
Some banks value Saudi Aramco as little as $1.2 trillion
Bernstein analysts estimated "a fair value range" for Saudi Aramco is $1.2-1.5 trillion.
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