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HAL to hit market in H2 FY'15 as first PSU IPO after 30 months

Last Updated: Sunday, May 25, 2014, 11:21

The disinvestment department is working on launching the equity sale of Hindustan Aeronautics Ltd in the second half of the current fiscal.

BJP's win rekindles hope for reforms, growth: Goldman

Last Updated: Friday, May 23, 2014, 14:25

According to Goldman Sachs, India's GDP growth is likely to increase from 4.6 percent in FY14 to 6.5 percent in FY16.

Goldman Sachs to sell designated market-maker unit to IMC: Report

Last Updated: Thursday, May 22, 2014, 09:51

IMC Financial Markets has agreed to acquire Goldman Sachs Group Inc `s rights to operate as a designated market maker in more than 600 NYSE- listed stocks, the Wall Street Journal reported on Wednesday.

Goldman puts Metro metals warehousing unit up for sale

Last Updated: Wednesday, May 21, 2014, 00:53

Goldman Sachs has begun a formal process to sell the metals warehousing business it purchased four years ago, a spokesman said on Tuesday, disclosing the first definitive effort to shed the operation amid regulatory and political pressure.

Nomura, Citi, Goldman raise Sensex targets after Modi win

Last Updated: Monday, May 19, 2014, 10:03

Nomura and Citigroup raise their targets for the BSE Sensex after the Bharatiya Janata Party led by Narendra Modi thundered to victory in general election.

Goldman Sachs fears risks if rivals plead guilty

Last Updated: Sunday, May 18, 2014, 09:21

The head of US bank Goldman Sachs has warned that guilty pleas from rivals BNP Paribas and Credit Suisse, under legal proceedings in the United States, could hurt the financial system.

Rajat Gupta seeks stay of prison surrender date

Last Updated: Wednesday, May 14, 2014, 21:59

India-born former Goldman Sachs director Rajat Gupta has sought a stay on a US court order to start serving a two-year sentence from June 17 on insider trading charges, contending that his bail conditions should be continued till his motion to rehear his case is decided upon.

India hedge fund backed by ex-Goldman exec hits $500 million in assets

Last Updated: Wednesday, May 14, 2014, 12:00

Steadview, an India-focused hedge fund seeded by former Goldman Sachs (Asia) chairman Mark Schwartz, has made 12 times the returns of peers with bets on consumer and tech stocks, helping the fund grow its assets to USD 500 million in nearly five years.

AT&T in talks to buy DirecTV for nearly $50 bn

Last Updated: Tuesday, May 13, 2014, 10:09

AT&T Inc is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks.

Goldman Sachs probed on hiring, high-speed trade

Last Updated: Friday, May 09, 2014, 23:05

Goldman Sachs Friday said that regulators have initiated probes into its international hiring practices and its high-speed trading operations.

Orders pour in for Apple's $12 billion bond offering

Last Updated: Wednesday, April 30, 2014, 10:20

Investors rushed on Tuesday to get a piece of Apple`s new USUSD 12bn seven-part bond deal, just the company`s second foray into the US bond market.

Rajat Gupta ordered to begin prison sentence in June

Last Updated: Thursday, April 17, 2014, 22:17

India-born former Goldman Sachs director Rajat Gupta, who had lost his appeal to overturn his conviction on insider trading charges, has been ordered to surrender and begin his two-year prison sentence in June.