Berkshire India will soon start selling life insurance products as a corporate agent of Bajaj Allianz Life Insurance.
Ajit Jain specialises in mega-catastrophe coverage, that is, he takes risks that rivals avoid.
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.
Focus on Berkshire's size has grown over the years as it has amassed more than 80 businesses
Some analysts view as a microcosm of the US economy.
Buffett gave no hints about who would succeed him and defended ties with Brazil's 3G Capital during the annual meeting
CarDekho.com - the winner of best and most popular Indian automotive website of the year 2012 has announced the first edition of its awards.
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.
Apart from traditional factors, some new parameters have also been introduced into auto insurance agreements, which can prove to be a boon for the policyholders and can lower their premiums.
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.
A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.
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.
There is a buzz in insurance circles that Berkshire Hathaway might have resorted to a back-door entry into India in order to circumvent the caps on foreign direct investment in the insurance industry.
The legendary investor never fails to amaze. Here's Buffett as you have never seen before.
Greg Abel and Ajit Jain would be prime candidates
Paytm had received the approval for brokerage services from market regulator Sebi in January this year.
Buffett is not coming to only talk foreign direct investment in insurance and invest his billions in Indian equities.
Buffett typically makes his donations in July, reducing the number of shares by 5 percent from the prior year.
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.
Warren Buffett will meet with individuals that have bought insurance policies through his Indian venture Berkshireinsurance.com.
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.
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.
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..
Here's a pick of what Warrenn Buffett had to say over the weekend, and his annual 'Woodstock for Capitalists'.
New book goes deep into Buffett's heart and soul and finds value in both places
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.
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.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
The IIT-Madras alumnus, who moved to Canada for an MBA programme and settled there, is not new to investing in India.
To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
A glance back at some of the important ups and down Indian Inc faced in 2018.
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