BENGALURU (Reuters) - Goldman Sachs told all but critical staff at its operation in Indian IT capital Bengaluru to return to working from home on Wednesday, reversing moves to get staff back to one of its biggest global offices as coronavirus infections in the city grew.
The firms invested in the Rs 1,600-cr issuance from Kesoram Industries through various vehicles, according to an exchange filing Tuesday
A SPAC typically raises money to acquire a private company with the purpose of taking it public, allowing such targets to move more quickly to the public markets than via a traditional IPO
Special Purpose Acquisition Companies, or SPACs, are listed shell companies created with the sole purpose to acquire unlisted or private companies and then merge with the latter
The bank's "One Million Black Women" initiative is a part of its commitment to impact the lives of at least one million Black women by 2030, the company said
The fund was launched with the aim of reaping returns from helping the U.S. firms that it invests in to expand their market in China
Part of the tech hiring will support the bank's cash management operations, a new area of business for Goldman Sachs
The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year
On February 26, Goldman Sachs India Fund and Nippon India Mutual Fund collectively bought 10.7 million equity shares of RailTel worth of Rs 120 crore
To partner with RMG Acquisition Corporation for private investment in public equity
"If a particular allocation across the risky markets spectrum should be low confidence this year, it is the EM overweight," JPMorgan's John Normand wrote in a note to clients on Wednesday
Consumers can open an account with Marcus Invest with a minimum of $1,000 and will be charged an annual fee of 0.35%, the bank said
The debt-ridden telecom firm, on Saturday, reported narrowing of consolidated loss to Rs 4,532.1 crore in Q3FY21, mainly on account of a one-time gain from stake sale in Indus Towers
The 130% surge in year-to-date funding was led by Robinhood, Cruise Automation, Lalamove, Didi Cargo and Databricks, which cumulatively have raised over $9.4 billion
On an annual basis, they raised their forecasts for 2021 and 2022 growth by 0.2 percentage points each, to 6.8% and 4.5%, respectively
Europe's top court said the bank was liable for the actions of its former unit Prysmian
JPMorgan would focus on Reliance Industries' management's commentary on Jio Platforms, and Jio Mart rollout
Goldman Sachs profit more than doubles on underwriting, trading boost
State Bank of India stock was the top performing stock on the Nifty bank index today, and supported the index to claim a fresh record high of 32,683.5 on the NSE. The index is up 100% from March lows
Brent crude fell as much as $1 per barrel on Monday, to trade around $55. Oil prices shed about 20% in 2020.