It's at such times that buying opportunities are available with handsome value in-built into their prices
Do you think that India's top business houses fulfill their social responsibilities
In what is believed to be the largest charitable gift made in the US, the world's second richest man Warren Buffet plans to donate the bulk of his $44-billion fortune to the Bill and Melinda Gates Foundation.
Ahead of the International Women's Day, three Indian women have powered their way to the Forbes list of global billionaires. The three Indian women include Savitri Jindal having a net worth of $8.2 billion, Bennett, Coleman & Co's chairperson Indu Jain at $4.4 billion and Anu Aga of the Thermax group with a net worth of $1.1 billion.
Warren Buffett is a luminous example of the school of value investing. Starting with an initial fund of $105,000 in 1956, Buffet grew it to $45 billion over the next 50 years, making him the second richest man in the world.
The world's best-known investment guru Warren Buffett has lost close to $310 million in the first quarter of the current financial year from his bets against the US dollar, The Times reported on Monday.
Author Ashwin Sanghi says it is possible to 'attract' good luck! Here's how!
The Warren Buffet-backed Chinese electric vehicle manufacturer BYD will be unveiling a Born Electric SUV for the Indian market by the fourth quarter of the current calendar year. The deliveries of the same would begin in January, the company's top official said. This will be the first Born Electric SUV in the mass market. The Born Electric models from Tata Motors and Mahindra and Mahindra would be launched from 2024. BYD has been selling the E6 MPV in the Indian market since 2021.
Billionaire investor's Berkshire Hathaway to pay $2.1 bn for Texas utility's junk bonds.
Billionaire Bill Gates, in a 2019 interview, supported bringing back a regulation in the US to require the super-rich to pay a 55 per cent tax when they inherit their family fortune. Proponents of an inheritance or estate tax say it reduces inequality and creates a meritocratic society by chipping away at the enormous advantages the children of the wealthiest families enjoy by an accident of birth. Many large economies levy such a tax on their richest citizens; India does not.
Nearly four decades ago, when Rakesh Jhunjhunwala was a young chartered accountant in training, he was paid a conveyance of Rs 60. Deductions would take away Rs 15 from this princely sum and he was left with Rs 45 by the time the allowance made its way to his hands. He would save as much as he could from this amount, so that he would have a small amount to spend when he met his friends on the weekend at Chicken Centre. This was an eatery popular with the young at the time, perhaps because food and drink were affordable even for those new to the workforce.
Indian industry's doyen Jamsetji Tata has emerged as the biggest philanthropist globally in the last century by donating $102 billion, as per a list of top-50 givers prepared by Hurun Report and EdelGive Foundation.' Tata, the founder of what has now become a group spanning interests from salt to software, is ahead of others like Bill Gates and his now estranged wife Melinda who have donated $74.6 billion, Warren Buffet ($37.4 billion), George Soros ($34.8 billion) and John D Rockefeller ($26.8 billion), the list showed.
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
Reports suggested that stock market regulator, the Securities and Exchange Board of India (Sebi), is looking into the allegations of insider trading in the shares of Aptech, a computer training company in which Jhunjhunwala is a promoter. An email sent to Jhunjhunwala on the allegations did not immediately receive a response.
Saeed Mirza's advice for young India
Xi will later head for New York to attend the UN General Assembly session.
The net worth of India's richest man, Mukesh Ambani, dropped 28 per cent, or USD 300 million a day for two months to USD 48 billion as on March 31 due to the massive correction in stock markets, a report said on Monday. The chairman and managing director of the diversified Reliance Industries saw his wealth decline by USD 19 billion (app Rs 144,400 crores) in the February-March period, taking his global ranking down eight places to 17th, the Hurun Global Rich List said.
Of the, four are co-founders of Infosys.
Staying invested for a long time and making money in the process requires patience, strategy and discipline.
Sumit Roy, an MBA, shares a simple formula to cut down expenses and save money post lockdown.
57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World'
Trump also reiterated his stand and said he does not regret having criticised the parents of a slain American Muslim soldier Humayun Khan.
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
Srichand and Gopichand Hinduja emerged as the 66th richest in the world, as part of an Oxfam study released at the WEF.
A record-breaking year for the world's billionaires.
Pune-based entrepreneur's unlisted company is already the largest vaccine manufacturer in the world and the networth has been helped by vaccine distribution and manufacturing potential of his business, it added. Recentrly, Serum struck an agreement with AstraZeneca to manufacture 1 billion doses of coronavirus vaccine being developed by Oxford University.
Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
Presenting tips and case studies about innovation, management, leadership, growth, technology and investment.
Once you follow these, it is also important to deploy your savings in inflation-beating investment avenues.
Most of these stories are real, but in the world there have been long periods of time when these have not worked.
Modi is scheduled to meet over 50 CEOs of Fortune 500 companies over dinner hosted in New York on September 24.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
Tickets for the megafight between Floyd Mayweather and Manny Pacquiao finally hit the market on Thursday.
Understanding how money works is the first step toward making your money work for you, says Harshad Chetanwala, co-founder MyWealthGrowth.
Simple, sharp and witty... P V Subramanyam offers 12 mantras to become a successful investor
"Nobody should be buying a stock at a rate higher than its intrinsic (actual) value, because then you are looking at the greater fool theory to come into play -- that someone would buy it again from you enabling you to make a profit." Excerpt of his views on value investing.
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