Page 12 - Goldman Sachs

Goldman Sachs' biggest office beyond New York attests to India's rise

India has roughly 1,600 of the centers, more than 40% of the number worldwide, according to Nasscom

Goldman Sachs slashes forecast for oil prices by nearly 10% on weak demand

Goldman Sachs has slashed its forecast for oil prices by nearly 10 per cent, citing weak demand in China and a glut of supply from the sanctioned countries, including Russia

Global investors in race for student housing company Good Host Spaces

Good Host Spaces is jointly owned by Goldman Sachs and Warburg Pincus

Over half of NSE 500 stocks deliver 10x return in 20 years: Goldman Sachs

Some of the prominent Indian stocks that delivered over 10x total returns over a 5-year rolling period since 2000 include Westlife Foodworld, Bharti Airtel, Adani Total Gas, said the report

Goldman Sachs bets on RBI pausing repo rate again on June 8 meeting

Forecasting a steeper fall in inflation to the tune of 50 bps lower than previously projected, a Wall Street brokerage sees the central bank leaving the policy rates unchanged at 6.5 per cent in the forthcoming review on June 8. Analysts at Goldman Sachs India in a report on Friday said the headline inflation will average 5.3 per cent this year, which is within the RBI target of 2 per cent plus or minus 4 per cent, even though they expect some risk to food inflation stemming from crop damages due to unseasonal rains. It can be noted that retail inflation has declined to an 18-month low of 4.7 per cent in April from 5.7 per cent in March. Moreover, core inflation has also fallen to 5.2 per cent in April. Going forward, we see average headline inflation at 5.3 per cent in 2023, which is within the RBI target of 2-6 per cent. This means that in Q2 of 2023 (Q1 of FY24) headline inflation is likely to be around 50 bps below the most recent RBI forecast. This will have the RBI keeping the

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Goldman Sachs raises India's growth forecast this year by 30 bps

"In YoY terms, our Q2-Q4 CY23 GDP growth forecast is 6.5 per cent, 5.9 per cent, and 8.1 per cent, respectively"

Goldman Sachs sees remittances keeping CAD lower in 2023: Report

Despite an improved external situation, Goldman expects rupee to underperform Asian peers

Goldman Sachs slashes Adani's stakes from ESG funds following allegations

Goldman funds registered as promoting environmental, social and governance goals under European Union rules sold about 11.7 million shares in Adani companies in February

Goldman Sachs moves past 1MDB scandal with new office in Abu Dhabi

Goldman Sachs's new outpost will open in Abu Dhabi Global Market, pending final regulatory approval, according to an internal memo seen by Bloomberg News

Goldman Sachs agrees to pay $215 mn to end case on underpaying women

Though the trial was to focus on the statistics of pay and promotion, and a judge had said the question of a boys' club atmosphere didn't qualify for class treatment

Goldman Sachs joins Barclays in bet against Fed rate cuts this year

Positioning around policy pricing for this year has entered a key period this week, with April inflation gauges slated to be released Wednesday and Thursday

China flags supply chains, population as top priorities for new policies

China has become increasingly alert to supply chain security risks amid a US push to cut it off from advanced chip technology. Adding to it, its population has shrunk signaling a demographic crisis

Goldman Sachs Group Inc names Kim Posnett as global head of TMT

Former TMT co-head Sam Britton will become a co-chairman of the unit, according to the memo. Britton's co-head Matt Gibson moved to a key role in asset management earlier this year

Europe's gas crunch could return as Goldman Sachs sees winter spike

Europe was saved this winter by mild weather and weak demand for LNG by China, but it's uncertain whether those conditions will last

VC firm Burda Investments may sue ex-Zilingo CEO Ankiti Bose: Details here

Burda has clarified that action against Ankiti Bose is a result of the joint decision by all investors and not led by any single investor as claimed by her

Goldman Sachs names new global head of private banking, lending, deposits

Nishi Somaiya joined the Wall Street giant in 2001, was named managing director in 2011, and partner in 2016

Goldman Sachs says 2,400 women entrepreneurs funded under its programme

Goldman Sachs, which has funded the business and management education of 2,400 women in India, has claimed these beneficiaries have helped create around 12,000 new jobs as well as add Rs 2,800 crore in revenues to the country's economy in the past 18 months. The investment banking major first launched the graduation programme in the country in 2008. It relaunched the same 18 months ago when it claims to have funded the business and management education of 10,000 women under its 'Womeninitiative'. The numbers, it said, are based on a study carried out by the Indian School of Business (ISB) among 2,400 women entrepreneurs who participated in Goldman Sachs women initiative. The study found that these 10,000 women have doubled their existing workforce, quadrupled their revenue, and increased their productivity by five times on an average, within 18 months of graduating from the programme and most of them expect to increase hiring and grow revenue. Sonjoy Chatterjee, chairman and chief

2,400 women funded under prog added Rs 2,800 cr to economy: Goldman Sachs

Goldman Sachs, which has funded the business and management education of 10,000 women in India, has claimed these beneficiaries have helped create around 12,000 new jobs as well as add Rs 2,800 crore in revenues to the country's economy in the past 18 months. The investment banking major first launched the graduation programme in the country in 2008. It relaunched the same 18 months ago when it claims to have funded the business and management education of 10,000 women under its 'Womeninitiative'. The numbers, it said, are based on a study carried out by the Indian School of Business (ISB) among 2,400 of these 10,000 women entrepreneurs who participated in Goldman Sachs women initiative. The study found that these 10,000 women have doubled their existing workforce, quadrupled their revenue, and increased their productivity by five times on an average, within 18 months of graduating from the programme and most of them expect to increase hiring and grow revenue. Sonjoy Chatterjee, ..

Crude oil can hit $100 a barrel if production cuts continue: Analysts

Others, too, believe that $100 a barrel could become a reality