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 |
Mukesh Ambani, Lakshmi Mittal among world’s top ten billionaires
March 11th, 2010 - 10:35 am ICT by IANS
By Arun Kumar
Washington, March 11 (IANS) Indians Mukesh Ambani and Lakshmi Mittal figured among world's top ten billionaires as Mexican tycoon Carlo Slim Helu beat Americans Bill Gates and Warren Buffett ... Read more...
Posted in Business |
Warren Buffet reveals in his annual letter what’s in the future for the investors
March 3rd, 2010 - 12:00 am ICT by Aishwarya Bhatt
New York, Mar 2 (THAINDIAN NEWS) Warren Buffets annual letter to the Berkshire Hathaway’s shareholders, gave an idea of what the future holds for all the investors. In the letter, he ... Read more...
Posted in Business |
Warren Buffett’s Annual Letter To The Shareholders Released
March 2nd, 2010 - 9:33 pm ICT by GD
By Meena Kar
Washington, Mar 2, (THAINDIAN NEWS) Warren Buffett's 20 page annual letter addressed to the new shareholders of Berkshire Hathaway was released on Saturday. In this letter apart from his use ... Read more...
Posted in Business |
Warren Buffett Says Taxpayers May Profit From Bank Bailout
February 10th, 2010 - 8:42 pm ICT by GD
By Ranjan Bhaduri
Feb 10, (THAINDIAN NEWS) Billionaire Warren Buffet and former Treasury chief Henry Paulson affirmed that the taxpayers of USA will get back the money taken from them during the bank ... Read more...
Posted in Business |
Berkshire Hathaway Gives Nod For Stock Split
January 21st, 2010 - 7:39 pm ICT by GD
By Ranjan Bhaduri
Jan 21, (THAINDIAN NEWS) In a recent development, the shareholders of Berkshire Hathaway Inc. have given their nod for splitting the class B shares of the company. This development comes ... Read more...
Posted in Business |
Kraft and Cadbury confirm ‘finalising’ takeover
January 19th, 2010 - 4:39 pm ICT by IANS
London, Jan 19 (DPA) Britain's oldest chocolate maker Cadbury and US food giant Kraft Foods confirmed Tuesday that they were "finalising" the terms of a takeover deal reported to be worth 11.5 ... Read more...
Posted in Business |
Car battery tycoon tops China’s rich list
November 5th, 2009 - 6:24 pm ICT by IANS
Shanghai, Nov 5 (IANS) Wang Chuanfu, chairman of electric car and battery maker BYD, has become China's richest person, according to an annual rich list released by Forbes Thursday.
Wang leapt 23 places ... Read more...
Posted in Business |
Warren’s Berkshire Hathaway buys BNSF
November 4th, 2009 - 1:53 am ICT by Aishwarya Bhatt
Omaha, Nov 3 (THAINDIAN NEWS) The boards of directors of Omaha, Neb.-based Berkshire Hathaway Inc. and Fort Worth, Texas-based Burlington Northern Santa Fe Corp. announced today that Berkshire Hathaway is increasing ... Read more...
Posted in Business |
Berkshire Hathaway buys Burlington Northern for $44 billion
November 4th, 2009 - 1:07 am ICT by Aishwarya Bhatt
Fort worth, Nov 3 (THAINDIAN NEWS) Warren Buffett’s Berkshire Hathaway(NYSE:BRK.A) announced that it would buy the remaining 80% stake in railroad giant Burlington Northern Santa Fe(NYSE:BNI). Berkshire already had a 20% ... Read more...
Posted in Business |
US investor Warren Buffett makes record rail investment
November 4th, 2009 - 12:12 am ICT by IANS
New York, Nov 3 (DPA) Legendary US investor Warren Buffett has spent a record $44 billion buying an American rail freight company, in the largest transaction in the history of his Berkshire ... Read more...
Posted in Business |
Buffet’s Berkshire Hathaway to buy Burlington Northern
November 3rd, 2009 - 9:55 pm ICT by Aishwarya Bhatt
Fort Worth, Nov 3 (THAINDIAN NEWS) Warren Buffett's Berkshire Hathaway(NYSE:BRK.A) announced that it would buy the remaining stake in railroad giant Burlington Northern Santa Fe(NYSE:BNI). This particular deal is estimated at approximately ... Read more...
Posted in Business |
I won’t buy newspapers ‘at any price’ today: Warren Buffett
May 5th, 2009 - 11:46 am ICT by IANS
New York, May 5 (IANS) Warren Buffett may have sagely advice on investment in any number of fields, but one area he says he won't touch these days is the newspaper industry.
'The ... Read more...
Posted in Business |
Bill Gates is the world’’s richest man again
March 12th, 2009 - 4:50 pm ICT by ANI
New York, Mar 12 (ANI): Forbes magazine study has revealed that Microsoft Corporation co-founder Bill Gates has reclaimed the title of the richest man in the world, with a total net ... Read more...
Posted in World |
Gates is world’s richest man; 355 drop off billionaires’ list
March 12th, 2009 - 1:06 pm ICT by IANS
By Arun Kumar
Washington, March 12 (IANS) Despite losing $18 billion over the last 12 months, Bill Gates has reclaimed his title as the richest man in the world with a total net ... Read more...
Posted in Business |
Steel baron Mittal, Ambani brothers among Forbes top-ten super-rich
March 11th, 2009 - 2:32 pm ICT by ANI
Washington, Mar 10 (ANI): Twenty-four Indians have made it into the Forbes magazines list of Worlds Richest with Steel tycoon Lakshmi Mittal in fourth place.Four Indians made it to the top ... Read more...
Posted in World |
Buffett likens meltdown to an economic Pearl Harbour
March 10th, 2009 - 5:37 pm ICT by ANI
New york, Mar. 10 (ANI): Americas billionaire investor Warren Buffett has likened the current global meltdown to an economic Pearl Harbor, and doesn''t expect the US economy to recover anytime soon. ... Read more...
Posted in World |
US stocks drop on World Bank forecast, Buffett warning
March 10th, 2009 - 11:30 am ICT by IANS
New York, March 10 (DPA) Major US stock indices closed lower Monday, after the World Bank said it expects the global economy to shrink this year and billionaire Warren Buffett offered another ... Read more...
Posted in World |
President of Berkshire Hathaway Ajit Jain
March 2nd, 2009 - 10:49 am ICT by Amrit Rashmisrisethi
Ajit Jain, the president of Berkshire Hathaway’s re-insurance group in Stamford, Connecticut, has long been on industry watchers list of successors to Warren Buffett before the legendary investor praised him in a ... Read more...
Posted in Business |
Multi-millionaires also back Obama ahead of election
November 3rd, 2008 - 10:23 am ICT by IANS
By Liliana Martinez-Scarpellini Los Angeles, Nov 3 (DPA) Barack Obama has promised to increase taxes if he becomes president of the United States. But the really rich want change and many of ... Read more...
Posted in Uncategorized |
Buffett moves ahead of Gates to top of Forbes 400 American rich list
October 11th, 2008 - 4:50 pm ICT by ANI
New York, Oct.11 (ANI): Berkshire Hathaway owner Warren Buffet has overtaken close friend Bill Gates to become the richest individual as per the Forbes 400 Richest Americans list.
Forbes reports that in ... Read more...
Posted in National |
Over-dependence on derivatives hit AIG (With ‘Inside the financial tsunami’)
October 3rd, 2008 - 5:35 pm ICT by IANS
New Delhi, Oct 3 (IANS) The US financial tsunami has washed out giant investment banks of the US and has led to many commercial banks being bought over or nationalised. But what ... Read more...
Posted in World |
Berkshire to invest at least 5 billion dollars in Goldman Sachs
September 24th, 2008 - 5:30 pm ICT by ANI
Washington, Se4p 25 (ANI): Berkshire Hathaway has agreed to invest at least 5 billion dollars in Goldman Sachs Group, with billionaire investor Warren Buffett backing a Wall Street firm thats begun ... Read more...
Posted in National |
US insurer AIG mulls sale of its assets
September 18th, 2008 - 8:44 pm ICT by IANS
New York, Sep 18 (DPA) US insurance firm AIG is beginning to consider the sell-off of its assets after the Federal Reserve's $85 billion rescue loan, the New York Times reported Thursday.The ... Read more...
Posted in World |
ArcelorMittal, RIL in WSJ’s respected companies list
September 6th, 2008 - 7:08 pm ICT by IANS
New York, Sep 6 (IANS) PepsiCo, headed by India-born Indra Nooyi, is the ninth most respected company in the world, NRI Lakshmi Mittal led ArcelorMittal is ranked 60th and Reliance Industries, India's ... Read more...
Posted in Uncategorized |
Three Indian Americans among top drawing 200 CEOs in US
April 6th, 2008 - 10:14 pm ICT by admin
New York, April 6 (IANS) Three Indian Americans are among the 200 CEOs of large public companies who received an average of over $11 million compensation in 2007. Besides Indra Nooyi and ... Read more...
Posted in Business |
Apple most admired global company, says Fortune survey
March 9th, 2008 - 11:33 pm ICT by admin
New York, March 9 (IANS) Apple Computer, the maker of iPhone, iPod and Mac PCs, has topped 20 most admired global companies in a list prepared by Fortune magazine. PepsiCo, headed by ... Read more...
Posted in World |
Four Indians among top 10 billionaires of world
March 6th, 2008 - 12:19 pm ICT by admin
New York , Mar 6 (ANI): India is home to the largest number of billionaires in Asia, and four of them figure in top 10 billionaires of the world, according to the ... Read more...
Posted in World |
Ambani brothers, Mittal among worlds wealthiest CEOs: Forbes
January 29th, 2008 - 6:22 pm ICT by admin
New York, Jan 29 (ANI): Steel baron L N Mittal and Ambani brothers, Mukesh and Anil, are among the top 10 wealthiest Chief Executive Officers (CEO) in the world, the Forbes magazine ... Read more...
Posted in Business |