Page 9 - Goldman Sachs

Markets underestimating oil demand; see Brent at $80: Goldman Sachs

International travel, according to Goldman Sachs is another key factor that is likely to trigger a demand rise, which in turn will keep oil prices elevated

Oil prices regain some losses amid potential Iran hitch; GS bullish

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remains intact

Goldman Sachs buys stake in contract research firm Aragen Life Sciences

Goldman Sachs on Wednesday said it has made an investment in Aragen Life Sciences for a significant minority stake in the contract research organization. It, however, did not disclose the value of the investment. Goldman Sachs's alternative investing arm Goldman Sachs Asset Management picked up shares in the company, which was earlier known as GVK Biosciences, from Chryscapital and other investors, as per an official statement. A media report on Monday had said Chryscapital will be selling its 17 per cent and promoters will dilute 16 per cent to give one-third ownership of the company to Goldman, and the total company valuation was pegged at USD 1 billion. Aragen is well positioned to benefit from the secular trend of increased outsourcing by the life sciences industry. With a clear value creation plan in place, we look forward to closely working with the management and shareholders of Aragen, Rajat Sood, managing director at Goldman Sachs Asset Management, said. He added that the

Warburg Pincus-Goldman joint venture to ramp up student housing business

The Goldman Sachs-backed company now has 18,000 beds across its tie ups with Manipal University, OP Jindal Global University and Shoolini University

Goldman Sachs lowers India growth forecast for FY22 to 11.1% amid lockdowns

A number of cities and states announced lockdowns of varying intensities to check spread of coronavirus infections

Rally in commodities still has plenty of room to run: Goldman and UBS

Raw materials are likely to surge 13.5 per cent in the next six months

Foreign brokerages temper return expectation from Indian equities

Goldman Sachs analysts now see the Nifty at 16,300 levels in 12 months (16,500 earlier). However, they have retained their 'overweight' stance on India for now

Goldman profit smashes expectations on booming investment banking

Global investment banking fee hit an all-time record of $39.4 billion during the March quarter,

Wall Street indexes open flat as big banks kick off earnings season

Goldman Sachs and JPMorgan kicked off the first-quarter corporate earnings season

Virus second wave: Goldman Sachs lowers growth forecast, Nifty target

Wall Street brokerage Goldman Sachs has flagged a slew of concerns on the surging COVID-19 caseload that has been hitting new records everyday, coupled with the rising lockdowns

ReNew Power lines up $9 billion over 4 years in India's green push

The company plans to triple capacity to 18.5 Gw by 2025

Opaque world of trading

Archegos implosion: Regulators must ask some serious questions

Billions in secret derivatives at the centre of Archegos blowup

Goldman U-turn put Bank on verge of margin call

Goldman Sachs Group sells over $10-billion stocks in block trades

The trades triggered price swings for every stock involved in the high-volume transactions

'Large block trades involved more than $10 bn of stocks sold by Goldman'

Shares in ViacomCBS and Discovery tumbled around 27% on Friday, while US-listed shares of China's Baidu and Tencent Music plunged during the week, dropping as much as 33.5% and 48.5%, respectively

Goldman sends Indian employees back home as local COVID-19 cases rise

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.

Goldman, Cerberus, Edelweiss buy rare Indian junk bond offering 21%

The firms invested in the Rs 1,600-cr issuance from Kesoram Industries through various vehicles, according to an exchange filing Tuesday

Goldman Sachs sharpens push to win Asia SPAC market share: Report

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

Decoded: What is SPAC and is it the real thing or a misplaced hype?

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

Goldman Sachs to invest $10 bn over 10 years to support Black women

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