Search Results for: Goldman Sachs

Banks drag down Wall Street stocks; Indian banks strong, says RBI Governor

What we have in India today is a well-regulated and well-supervised banking sector and even the NBFCs sector and other financial entities come under the RBI's domain, says RBI Governor

Mar 18, 2023

Stock market maintains upward momentum; Sensex adds 400 points, Nifty trades above 18,150

As of 1:10 PM, Sensex is trading up almost 400 points or 0.64% to 61,045 points, whereas Nifty-50 is trading at 18,161 points, up 108 points or 0.6% and Nifty bank is up 165 points or 0.4% to trade near 42,400 mark

Jan 18, 2023

Goldman Sachs lays off 3,000 staff after calling them for "7.30AM business meetings" [details]

Global investment firm Goldman Sachs sacked more than 3,000 employees in disguise of business meetings as early as 7.30 a.m. and the meetings with senior managers were put on Google calendar under "false pretenses", the media reported.

Jan 17, 2023

Goldman Sachs layoffs in India: Shocking stories go viral on social media

Prior to the layoffs, Goldman Sachs had nearly 9,000 employees working out of the company's Bengaluru, Hyderabad and Mumbai offices

Jan 14, 2023

Goldman Sachs joins other giants to cut 4K jobs, cites global economy's downturn

The boss of Goldman Sachs has told staff that he will make job cuts early next month, as the US investment bank seeks to improve its profits amid concerns over the global economy, the media reported

Dec 30, 2022

Should India layoff unproductive civil servants?

Worst months for layoffs arrive as thousands brace for job losses

After a holiday lull, more layoffs are around the corner and several companies across the spectrum, led by tech firms, are set to layoff thousands of employees, starting January

Dec 30, 2022

Chaos on B'luru roads: State Govt to hold meeting with IT companies

Amid chaos on the roads due to water-clogging, the state government will be holding a meeting with the heads and representatives of the tech and other companies based out of Bengaluru on Wednesday evening.

Sep 7, 2022

Affordable 5G services to be rolled out in India by Oct 12: Centre

The government on Thursday said it expects 5G services to be rolled out in the country by October 12, and the Centre will make sure that the prices are affordable for the consumers.

Aug 25, 2022

Despite Covid-19 pandemic, Telangana IT exports grow by 26%, adds 1.50 lakh jobs

Despite Covid-19 pandemic and its adverse impact on the economy, Telangana registered 26.14 per cent growth in information technology exports and added nearly 1.50 lakh new jobs during 2021-22, surpassing the expectations.

Jun 1, 2022

Twitter board wants $44 bn deal to go through amid Musk-Agrawal tussle on actual bot numbers

Despite the ongoing tussle between Elon Musk and Parag Agrawal, the Twitter board is keen to see the $44 billion takeover deal go through as it is in the "best interest of all shareholders", the media reported on Wednesday.

May 18, 2022

Why has Zilingo suspended its CEO Ankiti Bose: Explained

Zilingo, a Singapore-based startup backed by Sequoia India, is under probe after efforts to raise new funding led to questions about the company's accounting. The startup has since suspended its co-founder and CEO Ankiti Bose.

Apr 13, 2022

Chinese tech stocks tank over geopolitical risks, Covid lockdowns

Chinese tech stocks tank over Ukraine war risk, Covid lockdowns

Covid-19 lockdowns and China's position on the Ukraine conflict led to tech shares rout on Tuesday, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, media reports said.

Mar 16, 2022

RBI supersedes Reliance Capital Board; insolvency process to commence soon [details]

After SREI, DHFL, IL&FS, Laxmi Vilas Bank, PMC, YES Bank, Reliance Capital is going under and RBI has superseded the Board while the insolvency process is to commence soon.

Nov 29, 2021

India's GDP expected to grow by 8.5% YoY in Q2FY22, says Acuite

India's Q2FY22 GDP is expected to grow by 8.5 per cent on a year-on-year (YoY) basis amid support from a favourable base, Acuite Ratings and Research said a few days after Goldman Sachs estimated it to rise to 9.1 per cent in calendar year 2022, as compared to an estimated 8 per cent in 2021

Nov 26, 2021

Goldman Sachs expects India's GDP to grow at 9.1%, CPI at 5.8% for 2022

India's gross domestic product (GDP) is expected to rise to 9.1 per cent in calendar year 2022, as compared to an estimated 8 per cent in 2021, Goldman Sachs said on Tuesday.

Nov 24, 2021

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