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The head offices of Goldman Sachs in London, U.K., on Monday, Dec. 7, 2020. As the U.K.'s second lockdown, lifts City of London firms are likely to let more workers return, giving a boost to businesses in the financial district before Christmas. Photographer: Jason Alden/Bloomberg(Bloomberg)

Bank stocks are back in vogue on stimulus hopes, interest-rate outlook

Bloomberg |
PUBLISHED ON JAN 10, 2021 06:04 PM IST
The KBW Bank Index has jumped 8.4% in January, beating the S&P 500 Index’s 1.8% advance.
IIT Delhi. (Agency file photo)
IIT Delhi. (Agency file photo)

IIT Delhi placement 2020: 300 jobs offered on Day 1

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON DEC 03, 2020 05:25 PM IST
Top recruiters on day one included companies like Microsoft, Intel, Goldman Sachs, they added. The institute also said that students had received around 300 placement offers including 150 pre-placement offers (PPOs) by the end of the first day.
IIT Kharagpur.(Getty images)
IIT Kharagpur.(Getty images)

IIT Kharagpur students secure 276 pre-placement offers

Kolkata | By Press Trust of India| Posted by Akhilesh Nagari
PUBLISHED ON DEC 02, 2020 06:47 PM IST
Companies such as Barclays, Goldman Sachs, Honeywell, Microsoft, MasterCard, Dr Reddy, Tata Steel offered more than 10 PPOs each, the institute’s Career Development Centre chairperson professor A Rajakumar said.
A saleswoman displays a gold necklace inside a jewellery showroom in Kolkata.(Reuters File Photo)
A saleswoman displays a gold necklace inside a jewellery showroom in Kolkata.(Reuters File Photo)

Gold falls as Joe Biden transition, vaccine hopes erode appeal

By Reuters | Posted by Kanishka Sarkar
PUBLISHED ON NOV 25, 2020 01:58 PM IST
Global equities scaled a record peak, bolstered by US President Donald Trump’s go-ahead for Biden to start receiving daily intelligence briefings and an accelerating Covid-19 vaccine race.
Goldman joins rivals including Cboe Europe and London Stock Exchange Group Plc in forming venues in European cities to ward off disruption.(Reuters)
Goldman joins rivals including Cboe Europe and London Stock Exchange Group Plc in forming venues in European cities to ward off disruption.(Reuters)

Goldman Sachs to start Paris trading venue as Brexit nears

By Bloomberg | Posted by Srivatsan K C
PUBLISHED ON NOV 24, 2020 03:46 PM IST
The Wall Street bank has applied to French regulators to start a Paris-based trading venue called SIGMA X Europe, according to the company. It intends to open before Jan. 4 subject to regulatory approvals.
Goldman Sachs cautioned that the pace of recovery will be restrained by some economic scarring and a number of factors, including a weak labour market.(Reuters Photo)
Goldman Sachs cautioned that the pace of recovery will be restrained by some economic scarring and a number of factors, including a weak labour market.(Reuters Photo)

Goldman Sachs expects Indian economy to shrink by 10.3 per cent

Livemint, New Delhi | By Gireesh Chandra Prasad
PUBLISHED ON NOV 18, 2020 05:49 AM IST
The availability of an effective vaccine in India could allow a meaningful activity rebound in 2021 particularly in consumer-facing services sectors.
Rayana Edwards started a project to empower women to recycle saris into internationally-acclaimed fashion garments.(Instagram @siraaj_cassiem)
Rayana Edwards started a project to empower women to recycle saris into internationally-acclaimed fashion garments.(Instagram @siraaj_cassiem)

Founder of sari recycling project wins Goldman Sachs and Fortune Global Women Leaders award

Johannesburg | By Press Trust of India | Posted by Jahnavi Gupta
UPDATED ON OCT 02, 2020 03:37 PM IST
Rayana Edwards has been named as a joint winner of this year’s Goldman Sachs and Fortune Global Women Leaders award.
Indian walks past an under construction building in Mumbai.(AP)
Indian walks past an under construction building in Mumbai.(AP)

FY21 may see worst ever decline in GDP

Livemint, New Delhi | By Asit Ranjan Mishra
UPDATED ON SEP 09, 2020 03:32 AM IST
Investment bank Goldman Sachs anticipates India’s gross domestic product (GDP) to shrink 14.8% this fiscal against its earlier estimate of an 11.8% contraction. Fitch Ratings, meanwhile, cut its growth forecast for India for FY21 to a contraction of 10.5%, more than double the 5% contraction projected in June.
The 14.8 per cent contraction in 2020-21 is among the most pessimistic one among all the analysts till now.(AFP)
The 14.8 per cent contraction in 2020-21 is among the most pessimistic one among all the analysts till now.(AFP)

Indian economy worst hit, FY21 GDP to contract 14.8%: Goldman Sachs

Mumbai | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON SEP 08, 2020 06:14 PM IST
It had earlier estimated that the economy of the country, which is now home to the second-largest number of Covid-19 infections, to contract by 11.8 per cent.
Recently, Amazon had infused fresh capital to the tune of Rs 2,310 crore into one of its India units, Amazon Seller Services, as per regulatory documents.(REUTERS)
Recently, Amazon had infused fresh capital to the tune of Rs 2,310 crore into one of its India units, Amazon Seller Services, as per regulatory documents.(REUTERS)

Focussed on digitising MSMEs in India, on-boarding more sellers: Amazon

New Delhi | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON JUL 31, 2020 02:18 PM IST
Amazon and other e-commerce players have been aggressively investing in expanding infrastructure and adding solutions to enhance consumer and seller experience.
Eligible workers will be notified in advance, if they haven’t been already, and must complete a health questionnaire.(Reuters file photo)
Eligible workers will be notified in advance, if they haven’t been already, and must complete a health questionnaire.(Reuters file photo)

Covid pandemic: Goldman Sachs to start restaffing key US offices on June 22

By Bloomberg| Posted by: Harshit Sabarwal
UPDATED ON JUN 11, 2020 07:07 AM IST
The Wall Street investment bank will bring back an initial group of employees on June 22 to offices in New York, Jersey City, Dallas and Salt Lake City, the company’s leaders told staff in a statement posted online Wednesday.
Goldman Sachs’ stock price fell about 33% during the quarter, and some of Berkshire’s selling appears to have occurred after the slide began.(Reuters file photo)
Goldman Sachs’ stock price fell about 33% during the quarter, and some of Berkshire’s selling appears to have occurred after the slide began.(Reuters file photo)

Covid-19: Warren Buffet’s Berkshire Hathaway slashes Goldman Sachs’ stake

By Reuters| Posted by: Harshit Sabarwal
PUBLISHED ON MAY 17, 2020 02:20 PM IST
Berkshire trimmed its stake in JPMorgan by 3% and cut its holding of Goldman Sachs by 84% in the period, according to a filing Friday.
Indian Institute of Technology, Hyderabad. (iith.ac.in)
Indian Institute of Technology, Hyderabad. (iith.ac.in)

IIT Hyderabad Placements 2019: Students bag 271 offers out of which 38 are international

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON DEC 12, 2019 05:30 PM IST
Top recruiters include companies such as Microsoft, Goldman Sachs, Jaguar Land Rover, Eaton, BNY Mellon, Bajaj Auto & TSMC; Phase 2 to begin during January 2020.
Indian shares extended gains to record highs on Tuesday, led by index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors.
Indian shares extended gains to record highs on Tuesday, led by index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors.

Sensex up 400 points, Nifty crosses 11,800 for first time

Reuters | By Reuters
UPDATED ON APR 16, 2019 03:07 PM IST
Around 2pm on Tuesday, the broader NSE Nifty crossed 11,800 for the first time and the benchmark BSE Sensex was was up 400 point . Both indexes were headed for their four straight sessions of gains.
Consulting sector continued to demonstrate its confidence in recruiting from IIM Calcutta with 100+ (22%) accepted offers during the placement process.(Agencies/File)
Consulting sector continued to demonstrate its confidence in recruiting from IIM Calcutta with 100+ (22%) accepted offers during the placement process.(Agencies/File)

IIM Calcutta records 100% placements

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON NOV 08, 2018 06:21 PM IST
IIM Calcutta, one of the premier B-Schools in India and the first IIM to be set up in 1961, has concluded its Summer Placements for the Class of 2020 with more than 120 companies participating in the process.
An electric vehicle charging station. The cost of buying vehicles and setting up support infrastructure is prohibitive– the global estimate by Goldman Sachs is six trillion dollar for infrastructure(Pradeep Gaur/ Mint)
An electric vehicle charging station. The cost of buying vehicles and setting up support infrastructure is prohibitive– the global estimate by Goldman Sachs is six trillion dollar for infrastructure(Pradeep Gaur/ Mint)

Electrical vehicles could help reduce the toxins we breathe

UPDATED ON NOV 06, 2018 08:11 PM IST
The reduced emissions during their lifetime outweigh the environmental effects of the production and end-of-life phases
India’s benchmark bond yield opened at 7.93 percent from its previous close of 7.92 percent, while the rupee extended its fall to hit a fresh low of 70.825 per dollar.(Hindustan Times Media)
India’s benchmark bond yield opened at 7.93 percent from its previous close of 7.92 percent, while the rupee extended its fall to hit a fresh low of 70.825 per dollar.(Hindustan Times Media)

Nifty, Sensex slip on profit-taking; banks drag

Reuters | By Reuters
PUBLISHED ON AUG 30, 2018 11:57 AM IST
Indian shares fell marginally on profit-booking in financials ahead of the expiry of futures and options contracts later in the day
The Murray is within walking distance of Morgan Stanley and Goldman Sachs in Hong Kong.(Shutterstock)
The Murray is within walking distance of Morgan Stanley and Goldman Sachs in Hong Kong.(Shutterstock)

Why The Murray in Hong Kong is the best new business hotel in Asia

Bloomberg | By Sierra Tishgart, Bloomberg
UPDATED ON JUL 06, 2018 03:07 PM IST
Hong Kong-based business hotel The Murray trumps other such properties because of its prime location and the facilities it provides to travellers.
The Brazil national football team have won the FIFA World Cup five times.(REUTERS)
The Brazil national football team have won the FIFA World Cup five times.(REUTERS)

FIFA World Cup 2018: Brazil favourites to lift coveted trophy - study

By Bloomberg
UPDATED ON JUN 11, 2018 06:01 PM IST
A study done by Goldman Sachs predicts that Brazil will be the team to lift the FIFA World Cup 2018 trophy on July 15.
Woojae Jung, a 37-year old South Korean citizen, reportedly used confidential information about upcoming transactions he learned through his work for Goldman Sachs, to trade in other companies.(Reuters)
Woojae Jung, a 37-year old South Korean citizen, reportedly used confidential information about upcoming transactions he learned through his work for Goldman Sachs, to trade in other companies.(Reuters)

Goldman Sachs vice-president charged with insider trading in US

Reuters, New York | By HT Correspondent
UPDATED ON MAY 31, 2018 11:56 PM IST
US federal prosecutors charged a Goldman Sachs vice-president with making more than $1,30,000 through illegal trades using inside information about companies advised by the investment bank.
In addition to Goldman, where he was chairman of its asset management division from 2010 to 2013, O’Neill was previously commercial secretary to the UK Treasury and chair of the City Growth Commission, set up to advise on devolution of power to cities.(REUTERS File Photo)
In addition to Goldman, where he was chairman of its asset management division from 2010 to 2013, O’Neill was previously commercial secretary to the UK Treasury and chair of the City Growth Commission, set up to advise on devolution of power to cities.(REUTERS File Photo)

BRICS strategist Jim O’Neill to take over as Chathan House chief

Bloomberg | By Fergal O’Brien
PUBLISHED ON APR 20, 2018 02:31 PM IST
O’Neill is best known for his 2001 creation of the BRIC investing strategy, which singled out Brazil, Russia, India and China as a group of increasingly influential emerging markets.
From its record in November, shares of the country’s largest wireless carrier have tumbled 27% and is now the worst stock on India’s benchmark index(Reuters File Photo)
From its record in November, shares of the country’s largest wireless carrier have tumbled 27% and is now the worst stock on India’s benchmark index(Reuters File Photo)

Bharti Airtel is India’s worst performing stock, but still has analysts’ confidence

Nupur Acharya, Bloomberg | By HT Correspondent
UPDATED ON APR 03, 2018 01:23 PM IST
Bharti Airtel has faced pressure from Reliance Jio Infocomm Ltd., which disrupted India’s wireless industry in 2016 by launching free services, but for Goldman and many others, the stock remains a buy.
Google lost its bid to dismiss a class-action gender bias case brought by female engineers. They allege that policies at the Alphabet Inc. unit unlawfully weigh new employees’ previous salaries to determine wages.(Reuters File Photo)
Google lost its bid to dismiss a class-action gender bias case brought by female engineers. They allege that policies at the Alphabet Inc. unit unlawfully weigh new employees’ previous salaries to determine wages.(Reuters File Photo)

Goldman Sachs, Google women march ahead with gender bias suits

Kartikay Mehrotra, San Francisco, Bloomberg | By HT Correspondent
PUBLISHED ON MAR 31, 2018 10:27 AM IST
Women executives at top firms such as Goldman Sachs, Google and Uber sued against a “culture of discrimination” wherein they were passed up for managerial promotions or were earning a significant percentage lesser than their male counterparts.
White House chief economic adviser Gary Cohn speaks during a press briefing at the White House in Washington, US.(Reuters File Photo)
White House chief economic adviser Gary Cohn speaks during a press briefing at the White House in Washington, US.(Reuters File Photo)

Another day, another departure: Trump’s economic adviser Gary Cohn quits over tariffs

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON MAR 07, 2018 11:34 PM IST
A former Goldman Sachs president, Gary Cohn was vehemently opposed to the President’s protectionist trade policies and speculation about his departure had been around for months, going back to his criticism of Trump’s position on Charlottesville race riots.
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