Buffett firm to open 1,000 ice cream stores in China
February 10th, 2012 - 7:05 pm ICT by IANS
Beijing, Feb 10 (IANS) The International Dairy Queen (IDQ), part of American business mogul Warren Buffett's Berkshire Hathaway conglomerate, plans to open 1,000 ice cream stores in China, a media ... Read more...
Posted in World |
Two IITians among 400 richest Americans
September 22nd, 2011 - 12:34 pm ICT by IANS
Washington, Sep 22 (IANS) Two Indian Institute of Technology alumni have made it to Forbes' list of the 400 richest Americans topped for the 18th year in a row ... Read more...
Posted in Business |
Warren Buffett seems to have chosen his successor
August 16th, 2011 - 10:43 pm ICT by Aishwarya Bhatt
New York, Aug 16 (THAINDIAN NEWS) Multi billionaire and investment mogul Warren Buffet has revealed that his successor has been chosen. The man regarded as having the magic wand for the stock ... Read more...
Posted in Business |
US drops charges against Rajat Gupta
August 6th, 2011 - 10:00 am ICT by IANS
Washington, Aug 6 (IANS) The US Securities and Exchange Commission has agreed to drop an administrative action against Rajat Gupta, former Indian American director of Goldman Sachs Group Inc. In ... Read more...
Posted in Business |
German firm held orgy to reward salesmen
May 21st, 2011 - 12:26 pm ICT by IANS
Munich, May 21 (IANS/AKI) A unit of German insurance giant Munich Re said it hosted an orgy with prostitutes for some of its salesmen during an "incentive trip" held in ... Read more...
Posted in World |
Walmart tops Fortune 500 list
May 6th, 2011 - 7:40 pm ICT by Aishwarya Bhatt
New York, May 6 (THAINDIAN NEWS) The Fortune magazine has released last year’s Fortune 500 list. The list ranks the major companies in the United States. Once again, Fortune 500 has named ... Read more...
Posted in Business |
Rajat Gupta asks US judge to hear his suit
April 13th, 2011 - 11:17 am ICT by IANS
New York, April 13 (IANS) Rajat Gupta, former Indian-American director of Goldman Sachs Group accused of giving inside information to hedge fund tycoon Raj Rajaratnam, has asked a federal judge ... Read more...
Posted in World |
Adi Godrej succeeds Rajat Gupta as ISB chairman
April 2nd, 2011 - 7:45 pm ICT by IANS
Hyderabad, April 2 (IANS) Godrej Group chairman Adi Godrej was Saturday elected the chairman of the city-based Indian School of Business (ISB). He succeeded Rajat Gupta, who resigned March 21 ... Read more...
Posted in Business |
Secret tapes show Rajaratnam traded on tips from Goldman source
March 31st, 2011 - 10:25 am ICT by IANS
New York, March 31 (IANS) Hedge fund tycoon Raj Rajaratnam told a colleague in secretly taped telephone conversations that he would trade on a tip by a source on the ... Read more...
Posted in Business |
Rajat Gupta quits Gates Foundation panel
March 29th, 2011 - 11:07 am ICT by IANS
Washington, March 29 (IANS) Rajat Gupta, a former Indian American director of Goldman Sachs Group accused of leaking insider information to Galleon Group founder Raj Rajaratnam, has resigned as an ... Read more...
Posted in Business |
When India prospers, US will prosper better: Warren Buffett (Lead)
March 22nd, 2011 - 11:43 pm ICT by IANS
Bangalore, March 22 (IANS) Billionaire US investor Warren Buffett Tuesday said America will prosper better if countries like India prosper."I am an enormous believer in trade...Trade is essential for ... Read more...
Posted in Business |
ISB founder Rajat Gupta offers to quit as chairman (Lead)
March 21st, 2011 - 9:26 pm ICT by IANS
Hyderabad, March 21 (IANS) Three weeks after the US Securities and Exchange Commission (SEC) slapped insider trading charges on him, Indian-American businessman Rajat Gupta has offered to resign as ... Read more...
Posted in Business |
Rajat Gupta offers to resign as ISB chairman
March 21st, 2011 - 7:52 pm ICT by IANS
Hyderabad, March 21 (IANS) Three weeks after the US Securities and Exchange Commission (SEC) slapped insider trading charges on him, Indian-American businessman Rajat Gupta has offered to resign as chairman ... Read more...
Posted in Business |
Rajat Gupta strikes back at US regulator
March 19th, 2011 - 9:49 am ICT by IANS
Washington, March 19 (IANS) Former Goldman Sachs Indian American director Rajat Gupta has sued the Securities and Exchange Commission (SEC), accusing the US regulator of "unfairly and unconstitutionally" connecting him ... Read more...
Posted in World |
Rajat Gupta takes leave from his PE firm
March 11th, 2011 - 10:45 am ICT by IANS
New York, March 11 (IANS) Amid charges of insider trading by US regulators, Rajat Gupta, former Indian-American director of Goldman Sachs Group has taken a leave of absence from a ... Read more...
Posted in Business |
List of ‘Fortune most admired companies of 2011′ released
March 10th, 2011 - 8:35 pm ICT by Aishwarya Bhatt
New York, Mar 10 (THAINDIAN NEWS) This year’s list of Fortune Magazine’s World Most Admired Companies has been released. This is the 14th edition of the annual list.
350 companies were ranked in ... Read more...
Posted in Business |
Fifty Indians on Forbes’ global billionaire club
March 10th, 2011 - 2:28 pm ICT by IANS
Washington, March 10 (IANS) Fifty Indians, including L.N. Mittal, the Ambani brothers and Azim Premji, have made it to the Forbes list of World Billionaires 2011, as Indians Chinese, ... Read more...
Posted in Business |
Trial begins in biggest US insider trading case
March 9th, 2011 - 11:29 am ICT by IANS
New York, March 9 (IANS) The trial of former hedge fund billionaire Raj Rajaratnam in the biggest insider trading case in US history has got underway with the process ... Read more...
Posted in Business |
Rajat Gupta quits three boards ahead of Rajaratnam trial
March 8th, 2011 - 12:15 pm ICT by IANS
Washington, March 8 (IANS) With the insider trading trial of Galleon Group founder Raj Rajaratnam set to begin Tuesday, one of his alleged tipsters Indian-American Rajat Gupta has resigned from ... Read more...
Posted in World |
US prosecutor says Rajat Gupta part of insider trading
March 5th, 2011 - 12:33 pm ICT by IANS
Washington/New York, March 5 (IANS) After the Securities and Exchange Commission (SEC), a US federal prosecutor has alleged that Indian-American Rajat Gupta, a former Goldman Sachs director, was part of ... Read more...
Posted in Business |
Buffett’s NetJets places biggest order with Bombardier
March 2nd, 2011 - 3:33 pm ICT by IANS
Toronto, March 2 (IANS) Bombardier has announced the largest business aircraft sale in its history with Warren Buffett's NetJets ordering 50 Global business jets with the options of buying additional ... Read more...
Posted in Business |
Former Goldman director Rajat Gupta charged in US insider case
March 2nd, 2011 - 11:39 am ICT by IANS
Washington, March 2 (IANS) Indian American Rajat Gupta, a former director at Goldman Sachs, has been slapped with insider trading charges for allegedly leaking secret details to Galleon ... Read more...
Posted in Business |
Is Greg Abel The Prospective Successor Of Warren Buffett?
January 19th, 2011 - 7:55 pm ICT by GD
By Meena Kar
Jan 19, (THAINDIAN NEWS) CEO of Berkshire Hathaway, Warren Buffett has not yet revealed who is going to succeed him, after he calls for retirement. However, thanks to a famous ... Read more...
Posted in Business |
Greg Abel Represents A New Contender For The Post Of The Billionaire, Warren Buffett
January 19th, 2011 - 6:42 pm ICT by Pen Men At Work
January 19, 2011 (Pen Men at Work): The billionaire, Warren Buffett, possesses a succession strategy that has still not been divulged. However, this plan is turning out to be a topic of ... Read more...
Posted in Entertainment |
Warren Buffett Vends Stakes In Carmax, Home Depot And Republic As Per His 2010 Regulatory Filing
November 16th, 2010 - 8:47 pm ICT by Pen Men At Work
November 16, 2010 (Pen Men at Work): The 80-year-old Warren Buffett, one of the world’s most renowned stock pickers, is referred to as the ‘Oracle of Omaha’, whose decisions are analyzed ... Read more...
Posted in Business |
Warren Buffett Reduces Stock In Capital Goods Entities, Shows 2010 Regulatory Filing
November 16th, 2010 - 8:17 pm ICT by GD
By Ranjan Bhaduri
Nov 16, (THAINDIAN NEWS) Warren Buffett led Berkshire Hathaway has sold its shares in capital goods, consumer durables and industrial sector in the third quarter of this year. A regulatory ... Read more...
Posted in Business |
Todd Anthony Combs: Warren Buffett’s Berkshire Successor
October 26th, 2010 - 7:19 pm ICT by GD
By Meena Kar
Oct 26, (THAINDIAN NEWS) Warren Buffett is now counting upon the potential of a young soul to be the new leader of his revered conglomerate Berkshire Hathaway, Oracle of Omaha ... Read more...
Posted in Business |
New Recruit At Berkshire Likely To Be Buffett’s Successor
October 26th, 2010 - 7:03 pm ICT by Pen Men At Work
October 26, 2010 (Pen Men at Work): Berkshire Hathaway known as BRK.A in short was rife with the rumors of Warren Buffett grooming his successor. The rumors started circulating after a ... Read more...
Posted in Business |
According to Warren Buffet the recession is not yet over
September 24th, 2010 - 8:18 pm ICT by Aishwarya Bhatt
Sep 24 (THAINDIAN NEWS) US billionaire Warren Buffett says that the United States economy is still in crisis because Americans are not doing as much as they did before the recession hit ... Read more...
Posted in Business |
Warren Buffett’s Cartoon That Features Economic Lessons To Premiere
April 29th, 2010 - 8:28 pm ICT by Pen Men At Work
April 29, 2010 (Pen Men at Work): The long-delayed cartoon that consists of fiscal tutorials from the billionaire Warren Buffett will, at last, debut this weekend at Berkshire Hathaway's yearly meeting and ... Read more...
Posted in Business, Entertainment |
Warren Buffett Cartoon To Go Online Soon
April 29th, 2010 - 8:01 pm ICT by GD
By Ranjan Bhaduri
Apr 29, (THAINDIAN NEWS) A cartoon series that was planned for long featuring financial tips from Warren Buffett will be unveiled finally at the yearly meeting of Berkshire Hathaway and ... Read more...
Posted in Business, Entertainment |
Rajat Gupta may have tipped off Rajaratnam on deal: WSJ
April 23rd, 2010 - 8:14 pm ICT by IANS
Washington, April 23 (IANS) Rajat Gupta, Indian-American director of Goldman Sachs, may have tipped off hedge-fund billionaire Raj Rajaratnam about a $5 billion investment in Goldman by Warren Buffett's Berkshire Hathaway before ... Read more...
Posted in Business |
Rajaratnam faces new charges in Goldman Sachs ‘fraud’
April 17th, 2010 - 10:48 am ICT by IANS
New York, April 17 (IANS) As US authorities charged Goldman Sachs with defrauding investors in a sale of securities tied to sub-prime mortgages, prosecutors alleged Galleon Group founder Raj Rajaratnam had received ... Read more...
Posted in Business |
Warren Buffett imitates Axl Rose in a rock star video
March 19th, 2010 - 8:25 pm ICT by Aishwarya Bhatt
New York, Mar 19 (THAINDIAN NEWS) One of the richest men in the world – Warren Buffett is now to be seen in a music video, in which he is impersonating ... Read more...
Posted in Business, Entertainment |
Warren Buffett Turns Rockstar In Geico Video
March 19th, 2010 - 7:33 pm ICT by GD
By Ranjan Bhaduri
Mar 19, (THAINDIAN NEWS) It is quite hard to visualize billionaire Warren Buffett as a rock star. He has closely followed Bill gates in the Forbes yearly list of the ... Read more...
Posted in Entertainment |
