Goldman Sachs to pay $3 billion to settle charges over 1MDB scandal role
By Sarah N. Lynch, Noor Zainab Hussain WASHINGTON: Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysia’s 1MDB corruption scandal, and its Malaysia unit pleaded guilty to violating foreign bribery laws, drawing a line under a saga that has dogged the bank for years. The […]
Goldman Sachs to set up operations in Hyderabad
NEW DELHI: Leading global investment bank and financial services company Goldman Sachs will be expanding its presence in India, by setting up in Hyderabad too. The US-headquartered firm said it has identified Hyderabad as a new location for its global shared services footprint in India. This is a part of the firm’s India location strategy […]
MNCs hire 180 AMU students
ALIGARH: Even as the Covid-19 crisis hit the campus placement prospects across the country, a host of multinational companies such as Tech Mahindra, Goldman Sachs, BYJU’s, Optum, Chegg India, Data mark, ATG, Hexa view, and Tech Recru among others hired 180 Aligarh Muslim University (AMU) students pursuing courses in arts, social science, commerce, management and […]
India’s GDP may plummet to multi-decade low of 1.6% in FY21: Goldman Sachs
NEW DELHI: Economic growth is likely to plummet to a multi-decade low of 1.6% in fiscal year 2020-21 due to COVID-19 pandemic and ensuing measures like lockdowns and social distancing, an American brokerage said on Wednesday in one of the bleakest forecasts on GDP yet. Indian policymakers have not been aggressive enough in their response […]
Livspace secures $70 million funding led by TPG Growth & Goldman Sachs
NEW DELHI: Livspace, an online home interior and renovation platform, on Wednesday said it has raised USD 70 million from investors, including TPG Growth and Goldman Sachs, to fund its expansion plan. “Livspace… has raised USD 70 million in Series C funding. The round was led by TPG Growth and Goldman Sachs, a global investment […]