Page 3 - Goldman Sachs

Wipro ropes in ex-Goldman Sachs exec Sandeep Dhar to lead GCC business

Dhar joins Wipro to head GCC practice, combining AI and consulting to help global firms scale innovation hubs as part of broader strategy to revive growth under Srini Palia

If macro conditions hold, IPOs will top 2024's record tally: Sunil Khaitan

'Issuers and investors recognise the need for balanced pricing rather than short-term gains,' says managing director and head of India Financing Group at Goldman Sachs

Jio Platforms likely to become world's 6th-largest telco after IPO

Likely to replace Airtel at peak valuation of $154 bn

Higher competitive pressures to cap DMart's margins in near term

DMart's stock slips after weak Q4 margin performance and cautious outlook as analysts flag rising cost pressures and competitive intensity in the FMCG segment

Trade war with US may kill 16 million jobs in China, warns Goldman Sachs

Retail, manufacturing, and coastal economies brace for impact as US-China trade tensions escalate

Fidelity, Goldman Sachs find tariff haven in Asian consumer stocks

Strategists at Goldman Sachs Group Inc. and Morgan Stanley recommended Asian consumer staples in reports released after the April 2 tariff barrage, urging investors to turn defensive

China stocks face risk of $800 billion US outflows, says Goldman Sachs

Currently around 7 per cent of market capitalisation of Chinese companies' American Depositary Receipts, or ADRs, are held by US institutions

Citigroup Q1 results: Profit soars on 23% jump in stock trading revenue

Stock trading jumped in the first three months of the year as investors rejigged their portfolios during a period of heightened uncertainty over President Donald Trump's tariffs

Bank of America's Q1 profit rises on trading boost; stock gains 1.9%

Rivals JPMorgan Chase and Goldman Sachs have also reported stronger performance from their trading businesses

Goldman Sachs Q1 profit up 15% as trading gains offset banking slump

The Wall Street lender joined rivals JPMorgan Chase and Morgan Stanley in reporting higher profits. But investors have shifted their focus on to economic projections, which are being clouded by tariff

Goldman Sachs raises year-end gold forecast to $3,700 on strong demand

The bank also noted a surge in gold ETF inflows, driven by fears of a recession, with its economists assigning a 45 per cent probability to a US recession in the next 12 months

Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs

Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all countries

Goldman Sachs cuts China GDP growth forecasts citing tariff impact

However, the report added that "even these significant easing measures are unlikely to fully offset the negative effects of the tariffs

Goldman Sachs expects major Chinese fiscal easing to counter US tariffs

Goldman said in a report on Sunday that the new tariff rates announced by US President Donald Trump would lower Chinese GDP growth by at least 0.7 per cent this year

Tata Consumer jumps 8% in trade; Goldman Sachs upgrades to 'Buy'; check TP

Goldman Sachs believes the company is poised for strong earnings per share (EPS) growth over FY25-27

Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts

The brokerage also lowered the world's largest economy's GDP growth forecast for 2025 to 1.5 per cent from 2.0 per cent and projected three interest rate cuts

MakeMyTrip, Titan: 10 stocks Goldman Sachs thinks can rise 23% in 12 months

Nifty 50 has corrected 10 per cent from its peak in September 2024, Goldman Sachs said, driven by cuts in EPS growth following a slower macro as well as a sharp correction in valuation multiples

Goldman Sachs acquires Samvardhana Motherson's shares worth Rs 87 cr

Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for Rs 87 crore through an open market transaction. American multinational Goldman Sachs through its arm -- Goldman Sachs (Singapore) Pte -- purchased 65.48 lakh shares of Samvardhana Motherson International, as per the block deal data on the BSE. The shares were picked up at an average price of Rs 132.7 apiece, taking the transaction value to Rs 86.90 crore. Meanwhile, Hong Kong-based asset management firm Kadensa Capital through its arm -- Kadensa Master Fund -- sold the same number of the shares at the same price. On Tuesday, shares of Samvardhana Motherson International fell 2.13 per cent to close at Rs 131.15 apiece on the BSE. Last month, Samvardhana Motherson International reported a consolidated net profit of Rs 879 crore for the third quarter ended December 31, 2024. The company reported a net profit of Rs 542 crore for the October-December quarter of the last fiscal. The

Goldman Sachs gives managers a choice: Dallas, Salt Lake City or leave

The bank is trying to send more managers to locales outside its main hubs in an initiative dubbed informally by some as 'Project Voyage'

Goldman Sachs Asset exits Sterlite Tech, sells 2.13% stake for Rs 84 crore

Goldman Sachs Asset Management on Wednesday divested a little over 2 per cent stake in Anil Agarwal promoted-Sterlite Technologies for Rs 84 crore through an open market transaction. Goldman Sachs Asset Management through its affiliate Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 1.03 crore shares, amounting to a 2.13 per cent stake in Sterlite Technologies, according to BSE data. The shares were offloaded at an average price of Rs 81.04 apiece, taking the deal value to Rs 84.10 crore. Meanwhile, Bandhan Mutual Fund bought 60.11 lakh shares or 1.23 per cent stake in Sterlite Technologies for Rs 48.69 crore. The shares were acquired at an average price of Rs 81 apiece. Details of the other buyers of Sterlite Technologies' shares could not be ascertained on the BSE. The stock of Sterlite Technologies fall 4.02 per cent to close at Rs 80.29 apiece on the BSE.