Tag: SRI
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Goldman Sachs Reports $472 Million Gain Amid Strategic Shift Away from Legacy Investments
Goldman Sachs achieved a remarkable $472 million in its fourth quarter from historical principal investments, primarily due to significant gains in equity linked to its balance sheet. The bank is gradually moving away from such investments to stabilize earnings through fee-based services. Despite this, favorable market conditions allowed legacy investments to generate substantial returns, exceeding…
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India Must Focus on Revenue-Driven Tech Companies, Says Zoho CEO Sridhar Vembu
Sridhar Vembu, CEO of Zoho, advocates for the establishment of technology companies in India with a focus on achieving $100 billion in revenue, rather than emphasizing valuation. In his recent comments, he highlights the need for visionary leaders dedicated to long-term success, warning against the distractions posed by stock market valuations. Sridhar Vembu, the CEO…