Warren Buffett will meet with individuals that have bought insurance policies through his Indian venture Berkshireinsurance.com.
Berkshire Hathaway's India-born head of reinsurance business Ajit Jain, seen as a possible successor to billionaire investor Warren Buffett, will testify through a video deposition for his "close friend", former Goldman Sachs director Rajat Gupta in his insider trading trial.
The Sage of Omaha has finally arrived in India, just two days after the finance minister reaffirmed the government's commitment to further liberalise the insurance sector.
Both companies will be equal equity partners.
Berkshire Hathaway's India-born top executive Ajit Jain was "shocked" to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he described as a "deliberate hanky panky" by the convicted hedge fund founder.
In a letter to his shareholders, the Berkshire Hathaway chief said he has been diagnosed with 'Stage I prostate cancer' on Wednesday and will begin a two-month treatment of daily radiation in July.
Worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money, says Buffett.
Legendary investor Warren Buffett's recent letter to the shareholders of his company contains five home truths that you can use to secure your investments..
Buffett is not coming to only talk foreign direct investment in insurance and invest his billions in Indian equities.
Lubrizol had revenues of $5.4 billion and a global workforce of about 6,900 in 2010.
The legendary investor never fails to amaze. Here's Buffett as you have never seen before.
'They treat me much better in India than they do in the United States.'
Berkshire has reduced its stake as various regulatory inquiries and a slowdown in the business of rating lucrative structured bonds has taken a toll.
At present, the rules do not allow the government to shed stake in the four public sector general insurance companies - New India Assurance, United India Insurance, National Insurance and Oriental Insurance.
Here is the Buffett investment philosophy and his and stock-selection criteria with specific emphasis on their application in a down market and a slowing economy.
Kishore Biyani, the founder of Future Group, is treading cautiously with the initial public offer of his venture capital arm, Future Ventures, this time.
Copying the portfolios of big-time investors is unlikely to yield comparable returns.
A gush of Federal money helped in avoiding an economic meltdown.
New book goes deep into Buffett's heart and soul and finds value in both places
8 CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole
The world's third richest man with a net worth of $47 billion wants to go on working.
S&P's latest screen tracking the Berkshire bigwig's investing criteria uncovers 60 attractive names.
The inventor of iPhone, Apple, for the second year in a row has topped the Fortune list of the most admired companies in the world, but no Indian company has made the cut.
For those who believe only grey cells set apart leaders from the rest, there is another hair raising observation among corporate America that most of the successful CEOs including Pepsico's Indra Nooyi part their hair to the left, says US business magazine Fortune.
Ajit Jain specialises in mega-catastrophe coverage, that is, he takes risks that rivals avoid.
Buffett, CEO and Chairman at Berkshire Hathaway, does not use office car, has neither taken a salary hike for 25 years nor desires any in future, pays back the company for minor items such as phone calls, postage and favour from office personnel that are personal in nature, does not fly in company jet for personal visits and gives a much bigger pay package to his Chief Financial Officer. Berkshire Vice Chairman Charles Munger has also been paid an annual salary of $100,000.
Out of the world's 10 wealthiest CEOs, four positions have been grabbed by Indians -- Lakshmi Mittal is ranked at the second place followed by Mukesh Ambani (6th place), Anil Ambani (7th) and Wipro chief Azim Premji (9th). The list has been topped by Warren Buffet, the chief executive of Berkshire Hathaway with a fortune of $52 billion.
The very, very rich were very, very generous this year.
Billionaire investor's Berkshire Hathaway to pay $2.1 bn for Texas utility's junk bonds.
Though Buffett, chief of the Berkshire Hathaway holding company, supported Obama in the race for the White House, McCain was all praise for Buffett's contribution to the global economic crisis.
General Electric on Wednesday unveiled plans to raise at least $15bn in capital through stock sales to Warren Buffett's Berkshire Hathaway and the public.
A record-breaking year for the world's billionaires.
Warren Buffett's letter to shareholders of his investment firm, Berkshire Hathaway, is one of the most eagerly awaited statements among investors across the globe as it records his investment strategies and views on issues haunting corporate America.
Around 15 venture funds from the US and Southeast Asia will be making investments in the Indian real estate sector through the FII route
Here are a few gems that the legendary investor has shared with his shareholders over the years through his letters and speeches.
When the votes for the Reader's Choice CEO of the Year by MarketWatch were counted, Dr Ramesh Pandey of Xechem came first, beating Steve Jobs of Apple and Warren Buffett of Berkshire.
For example, ExxonMobil and Berkshire Hathaway, two of the world's biggest companies, only have default Wikipedia page holders as their Facebook home.
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