40 American billionaires have pledged to eat into their wealth and give half of it away in an unprecedented act of philanthropy.
Financial services firm Goldman Sachs has started a $500-million initiative to support small businesses across the United States, with legendary investor Warren Buffett as an adviser.
Tim Cook is joining the roster of the very rich donors.
The 'AAA' rating is the highest possible rating and the world's largest economy had been enjoying this top-notch rating ever since the agencies began assigning sovereign credit rating to the country.
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.
One of the richest persons in the world, Buffett is the chairman and chief executive of the conglomerate Berkshire Hathaway, which has holdings in diverse firms like Coca-Cola and Swiss Re.
As many as nine companies which suffered the brunt of the economic crisis and were bailed out by the government -- including Citigroup and Goldman Sachs -- are among the least reputed companies in the US, a study said.
Warren Buffett, chairman and chief executive officer of Berkshire Hathway, has received a total compensation of $519,490 (Rs 2.36 crore) for 2009, including a salary of $100,000 that has remained unchanged for more than 25 years.
Booking losses at the right time forms the most important part of wealth management strategy.
Kishore Biyani, the founder of Future Group, is treading cautiously with the initial public offer of his venture capital arm, Future Ventures, this time.
Mukesh Ambani, who heads Reliance Industries, has been ranked among top five best performing CEOs in the world by the prestigious Harvard Business Review.
There are thousands of 'business' books adorning hundreds of bookstore shelves across the world, and new ones keep being written practically everyday. So given this problem of plenty, how do you select the best business books to read? Well, here's help....
When it comes to stock market investing, following the crowd often results in losses. Why replicate the mediocrity of the masses when you can clone the success of the world's greatest investor, Warren Buffett?
Legendary investor Buffett along with Microsoft founder Bill Gates and his wife Melinda Gates are leading an initiative asking wealthy Americans to commit majority of their wealth for philanthropy.
Forbes said out of the world's 1011 billionaires, only 14 are women who earned their fortunes, rather than inherited them.
A gush of Federal money helped in avoiding an economic meltdown.
Copying the portfolios of big-time investors is unlikely to yield comparable returns.
New book goes deep into Buffett's heart and soul and finds value in both places
Amid the worsening financial crisis in the US, business publication Forbes has named legendary investor Warren Buffett and Indian billionaire Anil Ambani among the world's richest business people who are investing heavily in the American economy.
Berkshire Hathaway, a diversified financial insurance firm, is the flagship company of Buffett. The company said in regulatory filling that Buffett donated 428,688 class B shares of Berkshire to the Trust worth $1.25 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.
Fifty of China's super-rich recently received an invitation to a banquet to be held on September 29.
Where the super-rich, like Gates, Buffett and Jobs, rest their heads.
Microsoft co-founder Bill Gates tops list of the world's top 25 richest self-made billionaires.
They have lost more than $13 billion from their combined wealth, but still the two Ambani brothers have moved higher on Forbes' latest list of the world's ten richest CEOs, while Sunil Mittal has joined the league and Lakshmi Mittal has slipped two places.
There are 1,011 billionaires in the world this year.
Even as the economic crisis ravages global markets, the two billionaires are making investments in firms from America to Australia. According to reports, Soros snapped up a five per cent stake in Australian firm Sphere Investments. In October, he acquired over five per cent of Australian mining firm Legend International. Buffett has bought preferred shares worth $ 5 billion from Goldman Sachs. In addition, he has acquired preferred stocks worth $ 3 billion dollars in GE.
After one of the most disastrous weeks in the history of Wall Street, Warren Buffett decided to invest $5 billion there.
Billionaire Mukesh Ambani on Monday became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market.
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.
Eddie Lampert and Warren Buffett get ready to sell you a ride.
India's Anil Ambani has emerged as the biggest wealth creator while Warren Buffet is labelled as the richest man. With wealth soaring by $23.8 billion since the last list, Anil has come out as the biggest gainer.
S&P updates this screen on a semiannual basis, during February and again in August.
You won't win them all, but you can increase the odds. Here's how.
Greenspan never saw how derivatives would make the housing crisis a global one.
When it comes to building a business, even Warren Buffett would agree that no one can spot every opportunity or anticipate every threat. There are simply too many variables. And in an increasingly competitive global economy, those variables are changing faster than ever before.
Software czar Bill Gates, legendary investor Warren Buffett and Apple's Steve Jobs, all known for their business acumen, have been named among the 20 best American CEOs of all time.
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.
Ajit Jain specialises in mega-catastrophe coverage, that is, he takes risks that rivals avoid.
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