GOLDMAN SACHS GROUP
GMR Group cuts employees' salary by up to 50% due to COVID impact
The Bengaluru-based infrastructure major has presence in roads and highways, energy and airport sectors.
Goldman sees gold hitting $1,800 as ‘haven of last resort’
Spot gold, which is up more than 8 per cent this year, traded at $1,651.70 an ounc...
India's GDP seen growing at 4.7% YoY in December quarter, with virus impact to come
Economy will fare slightly better in the Dec quarter, bef...
Goldman Sachs, Gojek bet on India's Behrouz Biryani
Rebel Foods says its 235 kitchens in 20 cities produce 2 million orders a month. Most are located in industrial complexes, first floor walk-ups or side alleys where rents are low and capacity is not a constraint.
Buffett's Big Idea: Women and non-wealthy directors on boards
The ace investor came down heavily on the governance practices of companies.
Gold prices fall as traders book profits after impressive rally
Globally, gold prices fell 1 per cent as investors chose to pocket profits after the metal hit a seven-year high in the previous session.
Volkswagen re-starts Europe's largest car factory after coronavirus shutdown
Volkswagen the world's largest carmaker by sales, on Monday said it had resumed work at its biggest factory in Wolfsburg, Germany, to give its workers time to adapt to new hygiene measures to combat the coronavirus.
Oil prices slide over 3% on demand concerns as virus spreads
US crude futures fell by $1.93, or 3.6 per cent, to $51.45.
Buffett extols value of stock bets in a year without big deals
He says the investments are more than just “dalliances” with the companies he takes stakes in.
Downing Street removes China from briefings over erroneous Covid figures
A study by experts at Hong Kong University, published in The Lancet, suggested more than 232,000 people may have tested positive - four times higher than official figures - in the country’s first wave of infections, according to the Evening Standard.
TCS revenue growth from Tata Group slows in FY 20
Revenue from Tata Sons as well as subsidiaries and associates grew to nearly Rs 2,656 crore compared to a more than 13% growth to Rs 2,566 crore in financial year 2019, when the software services exporter capitalised on the group's new technology initiatives.
Rich-world problem of lowflation has arrived in emerging markets
The biggest ones are their currencies, which don’t loom so large for rich-world central bankers (although U.S. President Donald Trump thinks they should). Emerging-market exchange rates get bounced around as capital shifts in and out -– flows that have been amplified by years of cheap money in developed countries.
Wall St week ahead-fund managers look for value in high-priced consumer sector
Now fund managers are looking for ways to profit without getting burned.
Goldman sees high risk of correction on virus complacency
While coronavirus fears triggered a worldwide sell-off in January, the losses proved short-lived.
Only 7% ICU beds needed for Covid patients: Govt group
Projection of hospital beds required for Covid-19 patients should reflect actual needs of each state and not assumed to be 20%, one of the Centre’s empowered group has suggested.
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