Page 2 - Goldman Sachs

Goldman Sachs, Morgan, others buy 5% stake in Akzo Nobel for ₹765 cr

Goldman Sachs, Morgan Stanley, and other entities picked up a 5 per cent stake in Dutch paint maker Akzo Nobel India for nearly Rs 765 crore through open market transactions on Wednesday. Citigroup Global Markets Mauritius, Nippon India Mutual Fund (MF), Edelweiss Life Insurance Company, Ward Ferry Management, Societe Generale, Dublin-based Mediolanum International Funds and BNP Paribas Financial Markets are among the entities that have bought stakes in Akzo Nobel India, as per block deal data on the NSE. These entities have collectively purchased over 22.77 lakh shares or 5 per cent in separate deals. The shares were bought at an average price of Rs 3,358.80 apiece, taking the combined deal value to Rs 764.80 crore. Meanwhile, Imperial Chemical Industries, one of the promoters of Akzo Nobel India, offloaded these shares at the same price. After the stake sale, Imperial Chemical Industries' holding in Akzo Nobel India has come down to 45.46 per cent from 50.46 per cent. The combin

Eternal hits 52-wk high as Goldman Sachs lifts target price, retains 'Buy'

Goldman Sachs says Blinkit's store count could double in the next two to three years, a dynamic which is not being fully reflected in Zomato's current share price

Family offices in risk-on mode; bet on AI, private credit: Goldman Sachs

In the next 12 months, 34 per cent of respondents, Goldman Sachs said, intend to reduce their cash balances with many planning to invest in 'risk assets'

Cognizant CEO Ravi Kumar says firm back in top four IT services firms

Ravi Kumar said Cognizant has rejoined the top four IT services firms globally ahead of his 2027 target, supported by steady growth, large deals, and margin expansion

Hyundai Motor jumps 5% in two days after Goldman Sachs initiates with 'Buy'

The Hyundai Motor India stock has now risen 4.98 per cent over two days, driven by strong investor sentiment following a bullish initiation report by global brokerage Goldman Sachs.

Trump rebukes Goldman Sachs' economics research on tariff impact

Trump did not specify which Goldman report he was referring to, but Goldman has taken a bearish position on Trump's tariffs. The Wall Street investment bank declined to comment on the matter

Citigroup, GS, others buy 15.67% stake in Medi Assist Health for ₹578 cr

The shares were purchased at an average price of Rs 522.70 apiece, taking the transaction value to Rs 577.84 crore

China's Ant Group plans exit from Paytm with ₹3,800 cr share sale: Report

China's Ant Group to fully exit Paytm with ₹3,800 cr stake sale at ₹1,020 per share, following earlier exits by SoftBank and Berkshire Hathaway

India may face growth, EPS risks as US slaps 25% tariffs: Goldman Sachs

Donald Trump's 25% tariff on Indian goods may slow growth, hurt exports and earnings; Indian stocks could stay weak as trade ties with the US face fresh tension, says Goldman Sachs report

Goldman Sachs, Bernstein, Nomura: Brokerages decode Trump India tariffs

Export-oriented stocks, analysts said, can underperform in the near-term. Investor sentiment till trade talks turn positive from here is expected to remain cautious, they suggest

Goldman's profit jumps as market turbulence powers record equities trading

The results capture a growing trend of market turmoil boosting trading desks across Wall Street as investors rebalance their portfolios to manage tariff-related risks

Asia shares struggle, dollar soars on lowered Fed rate cut bets

Data on Tuesday showed US consumer prices rose 0.3 per cent in June, in line with forecasts, but the largest gain since January

Goldman Sachs hires UK ex-PM Rishi Sunak as adviser for global clients

Goldman Sachs has appointed former UK PM Rishi Sunak as a senior adviser. He will guide international clients on economic and geopolitical matters, marking his first major role since office

Gold rally to hit a snag? Motilal Oswal says upside needs fresh triggers

Gold price: The yellow metal has witnessed a stunning double-digit rally of roughly 30 per cent so far this year, aided by geopolitical tensions

Goldman Sachs increases forecast for Fed rate cut to three in 2025

Citigroup and Wells Fargo also expect the Fed to cut rates by 75 basis points in 2025, while UBS Global Research forecasts 100 basis points of reduction

Brent crude may cross $110 if Hormuz oil flow halves: Goldman Sachs

But Kotak Institutional Equities believes market concerns are driving oil prices and points to sufficient OPEC+ spare capacity and well-supplied global inventories

We want to be a people-first organisation: Goldman Sachs CIO Marco Argenti

Engineers need to think about the problem first and not the solution, says Argenti

Biocon closes ₹4,500 crore QIP to boost innovation, expand global access

Biocon raises ₹4,500 crore through QIP, its first equity issue since IPO, to fund innovation, repay debt, and expand global access to affordable biopharmaceuticals

Goldman Sachs trims Q1 estimates on EMS, durables; turns positive on C&W

Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger fundamentals and growth visibility.

Goldman Sachs upgrades Schneider Electric Infra to 'Buy'; sees 21% upside

Goldman Sachs upgraded Schneider Electric Infrastructure Ltd to a 'Buy' rating from 'Sell', and also raised its 12-month target price to ₹910 per share