Budget to focus on broad economic agenda: Goldman Sachs
Leading global investment banking and securities firm Goldman Sachs in a note said the upcoming budget is likely to stick to the path of fiscal consolidation
Leading global investment banking and securities firm Goldman Sachs in a note said the upcoming budget is likely to stick to the path of fiscal consolidation
Analysts at Goldman Sachs said the steep correction in private bank stocks on Thursday after the fall post-election results, offers opportunities to accumulate private banks.
In 2022, Zomato had acquired Blinkit for $568 million but since then, on the back of improved performance, the latter’s implied valuation has grown to a staggering $13 billion, according to analysts at Goldman Sachs.
Also, reportedly, the Grayscale Investments, a leading crypto asset manager, is in talks with major financial institutions like JPMorgan and Goldman Sachs about their potential roles in Grayscale’s proposed Bitcoin ETF.
Once the employees arrived at the conference room -- some as early as 7.30 a.m. -- they were told by their managers that they were being fired.
The new facility was inaugurated by Telangana IT and Industries Minister KT Rama Rao.
Residents pay $300 monthly for electricity and water in a small apartment, taxi fares average $60 (Rs 4,450) per hour, a bread loaf $6 (Rs 445).
Aragen is well positioned to benefit from the secular trend of increased outsourcing by the life sciences industry.
The company joins a slew of multinationals including Google, Apple, Microsoft and Blackstone, who have announced to render help to India, after the second wave of pandemic.
Goldman Sachs expects Nifty to reach 16,300 by December, down from the earlier forecast of 16,500, which implies only about 14 per cent upside in rupee terms.