Goldman plans big investments in India
Till now it was Kotak Mahindra which called the shots on what Goldman could do in India but now that the partnership has ended, Goldman Sachs will launch all its global services here. For starters it will organise cross-border mergers and acquisitions for which it doesn't need any regulatory approval. "We can operate in cross border M&A, we are applying for a domestic securities license," said Brooks Entwistle, MD & CEO, Goldman Sachs.
