Goldman Sachs: News

Goldman Sachs to fire 3,200 employees this week

Banking and investment giant Goldman Sachs is gearing up for one of its biggest rounds of job cuts. The company is planning to eliminate around 3,200 roles, as per Bloomberg.

Goldman Sachs to layoff 4,000 'low performing' employees

Goldman Sachs, one of the leading global investment banking, securities, and investment management firms, is planning to lay off as many as 4,000 employees.

Goldman Sachs lowers India's GDP forecast for 2023 to 5.9%

After JPMorgan, Goldman Sachs warns of recession in 2023

Wall Street's biggest banks agree that the dark clouds of recession are on the horizon. David Solomon, the CEO of Goldman Sachs, is the latest entrant into the list of executives who believe recession is just around the corner.

How Apple is assuming banking tasks with Pay Later service

Apple announced its buy now, pay later (BNPL) service, Pay Later, at the recently concluded Worldwide Developers Conference (WWDC). The tech giant has now said that it plans to fund the service by itself.

Apple Card doesn't discriminate against women, investigation reveals

What do air conditioning, the Dalai Lama, HIV, chess, head injuries, climate change, beer, science, and meritocracy have in common? All of these were considered sexist in the crazy ride that was the last decade.

Dailyhunt is now a unicorn, receives $100 million funding

VerSe Innovation, the parent company of local language news aggregator Dailyhunt, has received more than $100 million in funding from tech giants Google, Microsoft, and Falcon Edge's Alpha Wave Incubation

Amid coronavirus pandemic, MTV VMA 2020 to be held outdoors

Take a note, folks! Due to the threat posed by the novel coronavirus, the MTV Video Music Awards 2020 will happen outdoors.

Coronavirus: Goldman Sachs says face masks can save US economy

Destroyed by the coronavirus pandemic, the United States can save itself by following one small practice — wearing masks. Leading investment bank Goldman Sachs declared that masks can not only save lives but rescue the economy too.

Coronavirus: Italy records second-deadliest day with 743 new deaths

After a two-day consecutive drop in the number of coronavirus-related deaths, Italy hoped that the worst was over.

Online beauty store Purplle raises $8 million in funding

In a new development, Purplle, a Mumbai-based e-commerce company dealing in beauty and personal care products, has raised $8 million.

IIT-Delhi witnesses record high placement offers on Day 1

The final placement season at IIT-Delhi is off to a great start as the institute witnessed the highest ever number of offers on the first day.

Apple Card issuer accused of conducting sexist credit checks

In a major shocker, Goldman Sachs, the issuer of Apple card and a leading multinational bank, has been accused of gender discrimination.

IIM graduates who left cushy jobs to follow their passion

The Indian Institutes of Management (IIMs) are the most sought-after business schools in the country that provide quality management education.

Goldman VP tricks juniors, steals Rs. 38cr to pay poker-debt

On Tuesday, Bengaluru Police arrested a senior executive of Goldman Sachs for allegedly swindling the firm of Rs. 38 crore after incurring losses while playing online poker.

Apple says its credit card shouldn't touch anything. Bravo?

Just a few days after releasing its first-ever credit card in the US, Apple is facing flak for its build quality.

Apple Card finally starts rolling out: Here's how to apply

Apple's first-ever credit card offering, the Apple Card, has finally started rolling out.

Confirmed: Apple Card is launching in coming weeks

Apple's first credit card offering, the Apple Card, will be launching in a matter of weeks.

IIM graduates who left cushy jobs to follow their passion

The Indian Institutes of Management (IIMs) are the most sought-after business schools in the country that provide quality management education.

Billionaire tells 400 college grads he'll pay their student loans

The graduating class at Morehouse College was left pleasantly surprised when the speaker at their commencement ceremony paid off their student loans, estimated up to $40 million!

IIT Madras registers 15% increase in placement offers, breaks record

The Indian Institute of Technology (IIT) Madras has concluded the campus placements for the session 2018-19 and recorded an increase of 15%, which is an all-time high.

Everything you need to know about Apple's new credit card

At yesterday's 'Special Event' in California, Apple debuted some pretty interesting services, including its first-ever consumer credit card.

Credit card, Apple TV+, Arcade: Everything Apple announced yesterday

A few hours ago, Apple hosted a 'special event' at the Steve Jobs Theater and unveiled a slew of products to expand the services side of its business.

It's show time: When, where to watch Apple's March event

On March 25, Apple's CEO Tim Cook will take the stage at the Steve Jobs Theater to expand the company's services side of the business.

What to expect from Apple's March 25th 'Show Time' event

On Monday, March 25, Apple will host a special event where it is likely to announce its long-awaited video streaming service.

Soon, you could get new 'clarify' option for tweets

Twitter CEO Jack Dorsey has suggested another alternative for the long-awaited 'edit' button.

Know all about Anand Piramal, Mukesh Ambani's son-in-law

Isha Ambani and Anand Piramal are all set to be married on December 12.

Four Indian-origin women among Forbes' top American women in technology

Four Indian-origin women - Padmasree Warrior, Komal Mangtani, Neha Narkhede, and Kamakshi Sivaramakrishnan - have been named by Forbes magazine in the 2018 list of the 'Top Women in Technology' in the US.

Isha Ambani-Anand Piramal to marry on December 12 in Mumbai

Isha Ambani, the daughter of the richest man of India, is all set to tie the knot with her fiance Anand Piramal on December 12.

Five people on shortlist to replace Haley as UN-ambassador: Trump

US President Donald Trump has said he has five persons in mind, including his former Deputy National Security Adviser Dina Powell, to replace Nikki Haley as the US Ambassador to the UN.

Google might pay Apple $9bn to remain default iPhone search-engine

Search giant Google is reportedly willing to pay Apple a whopping $9bn (around Rs. 65,000cr) in 2018 to remain the default search engine for the iPhone's default web browser, Safari.

#CareerBytes: Top 6 IITs and their placement numbers this season

The Indian Institutes of Technology (IITs) are the most premier public institutes offering the best engineering and technology education in India.

Reliance Industries Limited is now a $100bn company

On Thursday, shares of Reliance Industries Limited (RIL) jumped sharply, after seeing a five-day rise, and helped the Mukesh Ambani-owned energy-to-telecom giant touch a market capitalization of $100bn.

#CareerBytes: Top 6 IITs and their placement numbers this season

The Indian Institutes of Technology (IITs) are the most premier public institutes offering the best engineering and technology education in India.

India offers the best and worst returns in banking

The Indian banking sector is increasingly becoming characterized by contradictory elements.

Know all about Anand Piramal, Mukesh Ambani's son-in-law

Ever since the wedding of Isha Ambani and Anand Piramal has been confirmed, people are yearning to know the future son-in-law of the country's richest man.

Xiaomi files for the biggest Chinese tech IPO since 2014

Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).

IIM-Indore placements: Highest package touches Rs. 63.45LPA

IIM-Indore has completed its placement session for the 2016-18 batches.

TV pundit Larry Kudlow named Trump's new Economic Advisor

The White House said on Thursday said that Larry Kudlow, a conservative media analyst, has accepted the position as the new chief economic advisor to President Donald Trump.

Home-rental startup NestAway raises Rs. 333cr from Goldman Sachs, others

Bengaluru-based online home-rental network NestAway Technologies has raised $51mn (Rs. 333.1cr) from investors including Goldman Sachs and a joint venture firm of noted industrialist Ratan Tata.