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Global investment firm News

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Goldman Sachs may layoff hundreds of workers, according to a report by local media. The company saw reduced profits in an earning report in July. It reported 48 % slump in its 2nd quarter profit as its clients face inflation, rising interest rates, pandemic, etc.
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Global investment firm Goldman Sachs is increasing shareholding in cable TV service provider Den Networks to 24.9 per cent by picking up over 1.58 crore shares for Rs 142.43 crore via preferential allotment.






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