Paytm had received the approval for brokerage services from market regulator Sebi in January this year.
Bezos' total net worth hit $65.05 billion
After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing.
The funds will be used to expand the merchant offerings across India to equip them with technology and various other services.
Buffett had said in a CNBC interviewthat Yahoo's business had deteriorated significantly and that "something has to change there."
The world's richest people have become poorer.
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.
Digital payments provider Paytm is all set to make its market debut as early as this year, with an aim to raise $3 billion (around Rs 22,000 crore). If successful, this could be the biggest initial public offering (IPO) by an Indian company, breaking Coal India's 2010 record of Rs 15,475 crore. According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan.
Berkshire Hathaway annual meetings are most awaited.
No Indian firm could make the cut.
This is yet another large energy deal for Warren Buffett in the western United States.
Fund manager Gautam Sinha Roy shares what he has learnt from Warren Buffett, after attending Berkshire Hathaway AGMs over the years
20 CEOs are from the companies based in US.
According to its DRHP filed in 2010, the company's net worth was just Rs 140 crore. Its total income for the financial year 2009-10 stood at Rs 119 crore and it had a net profit of Rs 16 crore. In sharp contrast, at the end of March 2021, Paytm's networth was Rs 6,535 crore and total income stood at Rs 3,187 crore.
This makes Berkshire the sixth-largest external investor in the bank
Paytm will look to raise up to $1.5 billion as part of primary share sale, leading up to its initial public offering (IPO), which is planned for November, a person familiar with the developments said. The company is looking to file its draft red herring prospectus (DRHP) by July, according to sources. According to this person, though the details of the listing are being worked out, Paytm may take the qualified institutional buyer (QIB) route to list and issue fresh equity to raise funds.
It is almost puzzling to see more old men and women hang around long enough for people to begin wondering 'why not retire?'
Microsoft co-founder Bill Gates tops list of the world's top 25 richest self-made billionaires.
This makes him corporate India's biggest donor to society.
The list was topped by Oracle's Larry Ellison last year.
Another report by Oxfam had found that eight billionaires, including Bill Gates, from around the globe have as much money as the 3.6 billion people who make up the poorest half of the world's population.
In its complaint filed in 2011, the SEC alleged that Gupta disclosed confidential information about Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World'
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
Buffett typically makes his donations in July, reducing the number of shares by 5 percent from the prior year.
Tim Cook is joining the roster of the very rich donors.
When it comes to Mr Portnoy, it is hard to claim that his trading patterns are any more logical than his fictional namesake's methods of entertaining himself, notes Devangshu Datta.
Google is learning the ABCs of conglomerate life.
Hedge funds are famous for their price tag - known as "two and 20" - a fee of two per cent of the assets they manage each year and 20 per cent of all gains
Here are the events that shaped the newspaper.
Greg Abel and Ajit Jain would be prime candidates
The Gupta case is SEC v. Gupta, US District Court, Southern District of New York, No. 11-07566.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
Elon Musk is one of the world's most successful entrepreneurs.
High growth is also much easier to log in a small business than in a Reliance.
The seven Indian-Americans are cybersecurity firm ZScaler CEO Jay Chaudhry, founder and chairman of Symphony Technology Group Romesh Wadhwani, cofounder and CEO of online home goods retailer Wayfair Niraj Shah, Silicon Valley venture capital firm Khosla Ventures founder Vinod Khosla, managing partner of Sherpalo Ventures Kavitark Ram Shriram, Airline veteran Rakesh Gangwal and Workday CEO and co-founder Aneel Bhusri.
Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
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