Warren Buffett will meet with individuals that have bought insurance policies through his Indian venture Berkshireinsurance.com.
V Prem Watsa, the India-born billionaire and promoter-chairman of Toronto-based Fairfax Financial Holdings, a $30-billion plus insurance and investment company, is often referred to as the "Canadian Buffett," a reference to the famous billionaire founder of Berkshire Hathaway, Warren Buffett.
His strategy of acquiring cheap assets and selling at high valuations may not have impressed shareholders, but after the mega deal with Vodafone peers are quick to compare him with the Oracle of Omaha.
Jeff 'Amazon' Bezos' $250-million purchase of the iconic Washington Post last week has sparked a debate on why billionaires are buying into a medium that is staring at irrelevance, if not death.
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..
Lubrizol had revenues of $5.4 billion and a global workforce of about 6,900 in 2010.
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.
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.
Both companies will be equal equity partners.
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
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.
'They treat me much better in India than they do in the United States.'
A gush of Federal money helped in avoiding an economic meltdown.
Kishore Biyani, the founder of Future Group, is treading cautiously with the initial public offer of his venture capital arm, Future Ventures, this time.
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.
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.
The world's third richest man with a net worth of $47 billion wants to go on working.
The very, very rich were very, very generous this year.
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.
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.
Billionaire investor's Berkshire Hathaway to pay $2.1 bn for Texas utility's junk bonds.
Around 15 venture funds from the US and Southeast Asia will be making investments in the Indian real estate sector through the FII route
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.
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.
This is yet another large energy deal for Warren Buffett in the western United States.
Buffett had said in a CNBC interviewthat Yahoo's business had deteriorated significantly and that "something has to change there."
Digital payments firm Paytm is expected to seek shareholders' approval to raise up to Rs 16,600 crore through an initial share sale, giving it a valuation of over Rs 1.78 lakh crore, according to a source. The extraordinary general meeting of Paytm is scheduled for July 12 in which the company may seek approval to raise up to Rs 12,000 crore through issuance of fresh equity. Another Rs 4,600 crore is expected to be raised from the sale of equity shares by existing and eligible shareholders, according to the source.
8 CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole
A record-breaking year for the world's billionaires.
Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.
Berkshire Hathaway annual meetings are most awaited.
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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