British online supermarket Ocado warned its pretax loss this year would likely be larger than market expectations due to a step up in investment and management bonuses.
Wireless speaker company Sonos Inc filed for an initial public offering on Friday, riding on the back of increasing popularity of streaming music though smartphone apps on connected audio systems.
Britain’s Supreme Court dismissed on Wednesday an appeal by Goldman Sachs for compensation from Portugal’s Novo Banco over a $835 billion loan to Novo Banco’s bankrupt predecessor, Banco Espirito Santo (BES), which was carved up by the state in 2014.
Automation Anywhere, a provider of robotic process automation, said it has raised USD 250 million in funding, led by NEA and Goldman Sachs Growth Equity.
This year’s Fed stress test results suggested a more flexible approach, a further sign the regulator’s new leadership is responding positively to a Wall St push for bank supervision, analysts said.
Yes Bank and Goldman Sachs today settled a Sebi probe into alleged violation of listing and disclosure norms as well as merchant banker regulations, respectively.
Deutsche Bank AG’s U.S. subsidiary failed the second part of US Federal Reserve’s annual stress tests due to “widespread and critical deficiencies” in the bank’s capital planning controls.
DS Smith said it would look to raise around 1 billion pounds ($1.32 billion) via a rights issue to help fund its biggest-ever acquisition of Europac.
A proposal to simplify a rule banning banks from proprietary trading, rather than making life easier for Wall Street, could ensnare bns of dollars’ worth of assets not currently caught by regulation.
Investors have long focused on rewarding companies that can multiply sales in a relatively slow-growth US economy like Netflix and Amazon.
ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh
In pact with Reliance Nippon to sell Mutual Fund products
Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis
Plans to sell part of se Asia biz as part of strategy to exit non scalable biz
To sell Singapore & Thailand units valuing them at $ 500Mn
Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA
To turn focus to domestic market
Avendus cap-KKR emerge as frontrunner to acquire IDFC MF
Offer of Rs 3,000-4,000 Cr made by FIN services firm