Goldman Sachs Group Inc notified roughly 3,200 employees this week that they have been laid off, part of previously reported plans to slash 10 per cent of the firm's global work force amid slumping markets, people familiar with the situation said Wednesday.
Renowned financial firm hit by economic crisis, loss of business.
http://www.ibnlive.com/news/goldman-sachs-to-cut-10-workforce-slash-3260-jobs/76566-7.html
They have now become full fledged commercial bank holding companies.
http://www.ibnlive.com/news/goldman-sachs-and-morgan-stanley-change-status/74080-7.html
Cabbies may have to work longer and longer hours to break even.
http://www.ibnlive.com/news/london-cabbies-get-the-blues-as-oil-prices-soar/64998-2.html
Crude prices have surged more than fivefold since 2002 and are up almost 25 per cent.
http://www.ibnlive.com/news/super-spike-oil-prices-rocket-to-122/64743-7.html
Bharti has bid close to $19 bn for a 51 per cent stake in telecom company MTN.
http://www.ibnlive.com/news/bharti-makes-most-expensive-buyout-bid-for-sa-company/64668-7.html
The notional value of the P-Notes issued by 5 FIIs is at USD 51 billion.
http://www.ibnlive.com/news/top-5-fiis-control-60-of-pnotes-issued-govt/48308-7.html
IIM-Bangalore graduate Manasi Prasad has turned down a Rs 1-crore job offer to pursue a career in music.
http://www.ibnlive.com/news/iimb-grad-turns-down-rs-1cr-job/34183-3.html
Ruias hold nothing less than a magic wand by way of 'special' rights along with their 33 per cent stake in Hutch-Essar Ltd.
http://www.ibnlive.com/news/hutchessar-bidders-wooing-ruias/31177-7.html
Goldman Sachs says anything more than $20 billion for Hutch - Essar will stretch Vodafone's balance sheet beyond comfort.
http://www.ibnlive.com/news/for-vodafone-hutch-essar-priceless/30094-7.html
US-based global investment management firm Goldman Sachs said on Tuesday that it would invest $1 billion in India.
http://www.ibnlive.com/news/goldman-sachs-to-invest-1-bn-in-india/21935-7.html
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