Buffett had said in a CNBC interviewthat Yahoo's business had deteriorated significantly and that "something has to change there."
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.
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 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.
Buffett is not coming to only talk foreign direct investment in insurance and invest his billions in Indian equities.
Berkshire has owned P&G stock since P&G bought Gillette Co in 2005. Buffett had invested in Gillette since 1989.
The legendary investor never fails to amaze. Here's Buffett as you have never seen before.
This is what makes the legendary investor's investing philosophy a WINNER.
This is yet another large energy deal for Warren Buffett in the western United States.
'After greeting Prince Charles with a traditional bow, moving away from protocol, I also did a namaste, which HRH reciprocated twice -- once before the award presentation and the second time just before I left him.'
"I probably wouldn't do much," Buffett said when asked what he would do if he ran the Fed.
Berkshire Hathaway's India-born top executive Ajit Jain was "shocked" to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he described as a "deliberate hanky panky" by the convicted hedge fund founder.
Berkshire Hathaway annual meetings are most awaited.
A blue-eyed boy of the billionaire investor, Sokol's surprise exit has come amid disclosures about his personal stockholdings.
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.
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 had received the approval for brokerage services from market regulator Sebi in January this year.
Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.
The greatest investors not only make a fortune off their success but they also help millions achieve similar returns.
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.
Goldman Sachs' director Rajat Gupta tipped off Raj Rajaratnam, an accused in insider trading scam, about a deal between Buffett-led Berkshire Hathaway and the Wall Street giant, before the public announcement.
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.
It is almost puzzling to see more old men and women hang around long enough for people to begin wondering 'why not retire?'
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.
S&P's latest screen tracking the Berkshire bigwig's investing criteria uncovers 60 attractive names.
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.
The funds will be used to expand the merchant offerings across India to equip them with technology and various other services.
Fund manager Gautam Sinha Roy shares what he has learnt from Warren Buffett, after attending Berkshire Hathaway AGMs over the years
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.
He invests like an owner and keeps himself aware of his own weaknesses.
Warren Buffett, chief executive officer of Berkshire Hathway Inc, has denied that he had invested $1 billion in the ONGC issue, though the market was abuzz throughout the day that he had placed bids for half the size of the issue.
New entrepreneurs and investment gurus can never miss out on Buffet's tips on investment.
The World War II veteran earned himself a knighthood after raising some 33 million for health service charities.
Warren Buffett is not the only businessman on Twitter.
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.
Blood samples taken from a group of UK volunteers given a dose of the vaccine showed that it stimulated the body to produce both antibodies and 'killer T-cells', a senior source from the trial was quoted by The Daily Telegraph as saying.
Buffett said the economy is benefiting from improvement in areas that had not previously performed well, particularly homebuilding.
8 CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole
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