Goldman Sachs
Business  /  Published 27.02.21

Dull spectrum auction fears

The spectrum auction that will kick off on March 1 will be muted, analysts at Goldman Sachs have said in a report citing Vodafone Idea’s weak balance sheet and a possibility that telcos will hol...
By Our Special Correspondent in Mumbai

Business  /  Published 29.12.20

Oil subsidy may be cut next fiscal

The oil subsidy bill could be slashed by half in the next fiscal from Rs 40,915 crore if crude remains within $45-55 per barrel. Sources said North Block is considering many factors in its subsidy ca...
By Our Special Correspondent in New Delhi

Business  /  Published 08.12.20

Flipkart prepares for $10bn IPO

In India, Flipkart competes with Amazon and Mukesh Ambani led JioMart. In July, it had raised $1.2 billion from Walmart and other existing investors, which had then valued the e-tailer at $24.9 billio...
By Our Special Correspondent in Mumbai

Business  /  Published 01.12.20

S&P to buy IHS Markit for $44bn

Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger, creating a heavyweight in the increasingly competitive market in fi...
By Reuters in Bangalore, New York

Business  /  Published 14.11.20

Samvat 2076 ends on a high

Stocks wrapped up Samvat 2076 on a positive note, with the benchmark Sensex ending 85.81 points, or 0.20 per cent, higher at 43443. The broader NSE Nifty gained 29.15 points, or 0.23 per cent, to clos...
By Our Special Correspondent in Mumbai


Business  /  Published 08.11.20

Goldman to invest in Biocon arm

Goldman Sachs is investing Rs 1,125 crore ($150 million) in Biocon Biologics which will value the latter at $3.94 billion. Biocon Biologics is a subsidiary of Biocon. The Bangalore-based firm on Satu...
By Our Special Correspondent in Mumbai

Opinion  /  Published 13.09.20

Growth pangs

By The Editorial Board in

Business  /  Published 09.09.20

Indian economy grim outlook

A bunch of forecasts released on Tuesday indicate the pandemic will create a greater havoc on the Indian economy than feared initially. All the three numbers from Fitch Ratings, India Ratings and Res...
By Our Bureau in New Delhi

World  /  Published 18.05.20

Buffett dumps most Goldman shares

The wild swings in stock prices that occurred in mid-March were shocking to most investors, but now it’s clear that even the Oracle of Omaha appears to have panicked.Warren E. Buffett bailed out of ...
By New York Times News Service in New York

Business  /  Published 09.03.20

Price cut eludes motor consumers

Motorists in the country are unlikely to get the full benefit of the slump in global crude as the Modi government could hike the excise duty to shore up falling revenues because of the slowdown in the...
By R. Suryamurthy in New Delhi


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