Goldman Sachs: News
Goldman Sachs picks up stake in FirstCry parent company
Global investment bank Goldman Sachs has acquired a significant stake in Brainbees Solutions Ltd, FirstCry's parent company.
This auto-parts maker is planning $400M IPO in India
Carlyle Group is gearing up for an initial public offering (IPO) of its Indian auto-parts platform, Highway Roop Precision Technologies.
US, UK, France lead AI adoption at 15-20%: Goldman Sachs
Goldman Sachs Research has revealed that the adoption of artificial intelligence (AI) is highest in developed economies, with rates between 15-20%.
Paytm, MobiKwik rally as UPI fees open new revenue stream
Shares of One97 Communications (Paytm's parent company), CMS Info Systems, One Mobikwik, Yes Bank, and others have surged in trade today.
Oil prices could hit $120 per barrel amid US-Iran tensions
Oil prices have surged past the $100 per barrel mark as traders weigh the risk of supply disruptions after recent shipping attacks.
Data center developer Crusoe raises $3B at $30B valuation
Crusoe, a leading data center developer and client of tech giants like Meta, Microsoft, and OpenAI, has raised $3 billion in its latest funding round.
X says Chinese bot network pushed anti-AI data center posts
X has uncovered a massive network of 200,000 accounts on its platform.
HDFC Bank shares hit 52-week low after US lawsuit
Shares of HDFC Bank hit a new 52-week low on Thursday, falling over 2% to an intraday low of ₹710 per share.
Global AI investment to hit $1 trillion: Goldman Sachs
Goldman Sachs Research has predicted that global investment in artificial intelligence (AI) will reach around $1 trillion by 2026.
NVIDIA taps Wall Street firms for $500B AI buildout
NVIDIA has announced a strategic partnership with six leading financial institutions to create compute financing platforms.
5 global oil giants post $48B profit amid US-Iran war
Five of the world's largest oil companies, Exxon Mobil, Chevron, BP, Shell and TotalEnergies, have reported a combined profit of $48 billion in the second quarter.
IIT Guwahati student found dead on campus
A third-year Bachelor of Technology student at the Indian Institute of Technology (IIT) Guwahati was found dead on campus.
Goldman Sachs tightens betting rules for employees on prediction markets
Goldman Sachs has tightened its rules on employee participation in prediction markets.
'Super' El Nino could raise global food prices until 2028
A "super" El Nino weather cycle this year could lead to a major shock in global food prices, lasting until 2028, economists have warned.
SoftBank pursues $10B loan against OpenAI stake
SoftBank Group has resumed negotiations with a group of lenders for a $10 billion loan, secured by its stake in OpenAI, according to Reuters.
Goldman Sachs raises India's growth forecast to 6.8%
Goldman Sachs has raised its real GDP growth forecast for India to 6.8% for the calendar year 2026, up from its previous estimate of 6.5%.
AI won't cause job apocalypse, but disruption expected: Goldman Sachs
A recent report by Goldman Sachs has downplayed fears of an impending "AI job apocalypse," despite the rapid development of artificial intelligence (AI) technology.
Rafael Oliveira is 1st outsider to become Heineken CEO
Heineken has appointed Rafael Oliveira as its new Chief Executive Officer (CEO), in a major shift for the company.
JPMorgan drops Anthropic's Claude from approved list in Hong Kong
JPMorgan has removed Anthropic's Claude AI models from an internal list of approved AI tools in Hong Kong, according to Financial Times.
China's factory activity weakens in May
China's manufacturing sector hit a snag in May, with the official Purchasing Managers' Index (PMI) slipping to 50 from April's 50.3.
Microsoft, Uber find AI tools more expensive than expected
Microsoft has decided to discontinue most of its direct Claude Code licenses and shift its engineering team toward GitHub Copilot CLI.
OpenAI could go public by September
OpenAI, the company behind the popular ChatGPT chatbot, is gearing up for an initial public offering (IPO) in the coming weeks, according to The New York Times.
India retains position as world's fastest-growing major steel producer
India has retained its position as the world's fastest-growing major steel producer, according to a recent report by Goldman Sachs.
SEBI clears IPOs of Zepto, 5 other firms
The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of six companies, including popular quick commerce player Zepto.
Anthropic says demand for its AI tools could surge 80x
Anthropic, a leading AI start-up based in San Francisco, is witnessing an unprecedented surge in demand for its artificial intelligence (AI) tools.
Anthropic, Goldman Sachs, Blackstone launch $1.5B AI venture
Anthropic, a leading artificial intelligence (AI) company, has announced a partnership with private equity giants Goldman Sachs and Blackstone.
Anthropic nearing $1.5B joint venture with Wall Street firms
Anthropic, a leading artificial intelligence (AI) company, is on the verge of finalizing a major joint venture with Blackstone and Goldman Sachs, according to The Wall Street Journal.
PayPal makes Venmo standalone unit amid takeover interest
PayPal is restructuring its business to create three distinct segments, including making Venmo a standalone unit, according to CNBC.
Why Hong-Kong bankers of Goldman Sachs can't use Anthropic's models
Goldman Sachs has barred its Hong Kong-based bankers from using Anthropic's artificial intelligence (AI) models.
Royal Stag, Chivas Regal maker is planning IPO in India
Pernod Ricard SA, the company behind popular brands such as Absolut vodka and Chivas Regal whisky, is said to be gearing up for an initial public offering (IPO) of its Indian business.
LinkedIn says hiring slowdown not driven by AI
LinkedIn's Chief Global Affairs and Legal Officer, Blake Lawit, has confirmed a 20% decline in hiring since 2022.
Flipkart eyes $2.5B pre-IPO funding round
Flipkart, the leading Indian e-commerce platform owned by Walmart, is looking to raise between $2 billion and $2.5 billion in a pre-IPO funding round, according to Moneycontrol.
OpenAI to set aside some IPO shares for retail investors
OpenAI, the company behind ChatGPT, plans to reserve a portion of its upcoming initial public offering (IPO) shares for retail investors.
Asia could take biggest hit from oil disruption: Goldman Sachs
Global crude oil markets are facing a fresh wave of tightening, with rising prices threatening to impact economies worldwide.
Banks handling SpaceX's IPO have to buy Grok subscriptions
Elon Musk is ordering banks and other advisers involved in SpaceX's upcoming IPO to subscribe to Grok, his AI chatbot.
Foreign investors flee Indian markets in record $12B sell-off
Foreign investors have been selling off Indian stocks at an unprecedented rate, with net sales worth $11.7 billion through March 25, Bloomberg reported.
US-Iran war wipes ₹41L crore off Indian markets
The ongoing conflict in Iran has taken a major toll on the Indian stock market, with investors losing a whopping ₹41 lakh crore since the war began.
Goldman Sachs downgrades Indian equities, slashes Nifty target by 14%
Goldman Sachs has downgraded its rating on Indian equities from 'overweight' to 'marketweight,' and slashed its Nifty 50 target.
Goldman Sachs lowers India's 2026 growth forecast to 5.9%
Goldman Sachs has revised its growth forecast for India in 2026, now projecting a 5.9% expansion instead of the earlier estimate of 7%.
IndiGo shares 52-week low after Goldman Sachs cuts earnings estimates
InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, witnessed a nearly 6% drop in its shares on Monday.
AI could displace 300M jobs globally, Goldman Sachs warns
Goldman Sachs has warned that artificial intelligence (AI) could disrupt as many as 300 million jobs worldwide over the next decade.
Goldman Sachs to begin job cuts in April
Goldman Sachs, the renowned Wall Street bank, is gearing up for a series of job cuts starting next month, according to Business Insider.
Why oil prices could stay elevated for years
Goldman Sachs has warned that the risks to oil prices remain tilted toward the upside in the near term and into 2027.
Goldman Sachs warns INR could hit 95 against USD
Goldman Sachs has warned that the Indian rupee could fall to 95 against the US dollar in a year.
Citigroup, Standard Chartered evacuate Dubai offices amid Iran-US war
Citigroup and Standard Chartered have evacuated their Dubai offices and asked employees to work from home.