Goldman Sachs sees AI, India and China as top emerging market bets for 2026, citing earnings rebound in India, export strength in China
Kathy Ruemmler, the top lawyer at storied investment bank Goldman Sachs and former White House counsel to President Barack Obama, has resigned, after emails between her and Jeffrey Epstein showed a close relationship where she described him as an "older brother" and downplayed his sex crimes. Up until her resignation on Thursday, Ruemmler repeatedly tried to distance herself from the emails and other correspondence and had been defiant that she would not resign from Goldman's top legal post, which she had held since 2020. While Ruemmler has called Epstein a "monster" in recent statements, she had a much different relationship with Epstein before he was arrested a second time for sex crimes in 2019 and later killed himself in a Manhattan jail. Ruemmler called Epstein "Uncle Jeffrey" in emails and said she adored him. In a statement before her resignation, a Goldman Sachs spokesperson said Ruemmler "regrets ever knowing him". During her time in private practice after she left the Whi
Goldman Sachs highlighted three major tailwinds for the sector, including an 18 per cent Y-o-Y increase in capital procurement in the Union defence budget for FY27, and the proposed India-EU FTA
Morgan Stanley, Goldman Sachs, Societe Generale, and Abu Dhabi Investment Authority, among others, on Wednesday collectively bought a 1.92 per cent stake in Ather Energy from the National Investment And Infrastructure Fund for nearly Rs 521 crore through open market transactions. ICICI Prudential Mutual Fund (MF), Tata MF, Invesco MF, Motilal Oswal MF, Aditya Birla Sun Life MF, WhiteOak Capital MF and Tata AIG Life Insurance Company Ltd also bought shares of electric two-wheeler maker Ather Energy, as per the block deal data available on the BSE and NSE. These entities purchased a total of 73,33,219 shares on NSE and BSE, representing a combined 1.92 per cent stake in Bengaluru-based Ather Energy. The shares were acquired at an average price of Rs 710 apiece, taking the combined deal value to Rs 520.66 crore. Meanwhile, the National Investment And Infrastructure Fund (NIIF) through its affiliate National Investment and Infrastructure Fund-II offloaded the same number of shares at t
Goldman has now injected about $500 million into its India banking franchise over the last three years, demonstrating its commitment to the world's fastest-growing developing economy
Jefferies' industry discussions indicate up to 5 per cent volume impact, and estimate a 5 per cent decline in ADTO/orders for BSE/GROWW could result in 4 per cent earnings impact
Under Solomon's leadership last year, Goldman posted record revenue in its banking and markets division and record management fees in its asset-management business
Wells Fargo & Co. and Morgan Stanley are also tapping the high-grade bond market, a day after JPMorgan Chase & Co. kicked off the sector's latest round of note sales with a $6 billion transaction
After the seizure of Maduro, President Donald Trump said US companies would spend billions of dollars to rebuild Venezuela's crumbling energy infrastructure
Travelstack Tech proposes to utilise the net fresh issue proceeds for partly funding its working capital requirements and prepayment or repayment of certain borrowings
Kotak Mahindra Capital Co and Goldman Sachs Group Inc expect next year's IPO fundraising to reach as much as $25 billion, representing an increase of roughly 14% from the current year's level
Burger King's Asia business is going through major changes as Goldman Sachs enters exclusive talks for its Japan unit and its parent company sells most of its China arm to local private equity firm
The superior EPS growth rate in India, Goldman Sachs believes, would come on the back of strong structural growth and demographic tailwinds
The global brokerage has set a 2026 year-end target of 29,000 for the benchmark index Nifty 50, implying a 14% upside from Friday's close
Goldman Sachs top stock picks: Tech charts predict up to 19% upside for Reliance, Titan, PTC Industries; Havells India, however, may underperform in the near-term; check key levels for these 4 stocks.
Goldman Sachs has promoted a record 49 executives from India as managing directors, reflecting the growing importance of its Bengaluru technology hub in the firm's global structure.
Among sectors, their biggest 'conviction' as regards India is on the defence sector, where Goldman Sachs believes PTC Industries is scores over its peers
Customer engagement platform plans to expand its technology suite and teams
The upbeat view comes despite the currency on Monday dipping near its lifetime low of 88.80 to the US dollar
Founded by Jeff Schwartz, Excel Sports Management is a sports talent agency representing Tiger Woods, Derek Jeter, and Caitlin Clark that is reportedly valued at nearly $1 billion