warren buffett

Five Indian Americans among Forbes 400 richest


September 20th, 2012 - 10:29 am ICT by IANS
Washington, Sep 20 (IANS) Five Indian-Americans figure in the Forbes magazine's annual list of the richest people in America with Microsoft Corp chairman Bill Gates retaining his top spot with ... Read more...

Posted in Business |

Slim chance of US slipping back into recession: Buffett


June 6th, 2012 - 3:55 pm ICT by IANS
Washington, June 6 (IANS) The possibility of the US economy sliding back to recession is very small despite the fragile economic recovery, US billionaire investor Warren Buffett said here.The US ... Read more...

Posted in Business |

Billionaire philanthropists to focus on societal development


June 2nd, 2012 - 12:12 am ICT by IANS
Bangalore, June 1 (IANS) Billionaires Bill Gates, Ratan Tata and Azim Premji Friday held a brain-storming session here with other billionaires and millionaires on the need to integrate philanthropy and ... Read more...

Posted in Business |

Rajat Gupta’s trial: Prosecutors play FBI wiretaps


May 25th, 2012 - 10:25 am ICT by IANS
New York, May 25 (IANS) Prosecutors played a series of FBI wiretapped phone conversations in a bid to show that Goldman Sachs' former Indian-American director Rajat Gupta shared confidential information ... Read more...

Posted in World |

Rajat Gupta was on Rajaratnam’s ‘Important People’ list: Witness


May 23rd, 2012 - 11:56 am ICT by IANS
New York, May 23 (IANS) Former Indian-American director of Goldman Sachs director Rajat Gupta was once on convicted hedge fund billionaire Raj Rajaratnam's "important people" list, according to a prosecution ... Read more...

Posted in Business |

Rajat Gupta threw away his duties: Prosecution


May 22nd, 2012 - 11:05 am ICT by IANS
New York, May 22 (IANS) Prosecutors accused Indian American Rajat Gupta with throwing away his duties as the high-profile trial of the former director at Goldman Sachs on insider trading ... Read more...

Posted in Business |

‘Rajat Gupta cannot take a Mother Teresa defence’


May 18th, 2012 - 10:45 am ICT by IANS
New York, May 18 (IANS) Rajat Gupta has been forewarned that he cannot beat insider trading charges by trumpeting his philanthropy history any more than Mother Teresa could use ... Read more...

Posted in Uncategorized |

Warren Buffett diagnosed with prostate cancer


April 18th, 2012 - 6:41 pm ICT by IANS
Washington, April 18 (IANS) American billionaire investor Warren Buffett has been diagnosed with stage I prostate cancer, the CNN reported Wednesday.In a letter to shareholders of his firm Berkshire Hathaway, ... Read more...

Posted in Health |

US Senate rejects Obama’s wealth tax proposal


April 17th, 2012 - 10:47 am ICT by IANS
Washington, April 17 (IANS/RIA Novosti) The US Senate has blocked President Barack Obama's proposal to raise tax rate on those earning over one million dollars a year.The wealth tax ... Read more...

Posted in Politics |

Obama urges Congress to pass ‘Buffett Rule’ for higher tax on rich


March 31st, 2012 - 11:49 pm ICT by IANS
Washington, March 31 (IANS) US President Barack Obama urged Congress Saturday to pass the "Buffett Rule" tax plan, which is designed to increase the tax rate on the wealthiest ... Read more...

Posted in Politics |

Mukesh Ambani richest among 48 Indian billionaires


March 8th, 2012 - 1:50 pm ICT by IANS
Washington, March 8 (IANS) Reliance India chairman Mukesh Ambani with a net worth of $22.3 billion emerged as the world's richest Indian in the Forbes list of billionaires featuring ... Read more...

Posted in Business |

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 |

Obama, Hillary Clinton again top most admired list


December 28th, 2011 - 11:53 am ICT by IANS
Washington, Dec 28 (IANS) President Barack Obama and Secretary of State Hillary Clinton continue to be named by Americans as the Most Admired Man and Most Admired Woman living ... Read more...

Posted in Politics |

Richest 1 percent in US saw incomes triple


October 28th, 2011 - 12:32 pm ICT by IANS
Washington, Oct 28 (IANS/EFE) After-tax incomes for the richest 1 percent of the US population soared by 275 percent on average between 1979 and 2007, while the poorest fifth ... Read more...

Posted in Business |

Rajat Gupta’s trial set for April 9


October 27th, 2011 - 11:37 am ICT by IANS
New York, Oct 27 (IANS) A New York court has set April 9 as the tentative date for the trial of Rajat Gupta, former Indian American director of Goldman Sachs ... Read more...

Posted in Business |

China launches first electric car for public


October 27th, 2011 - 10:19 am ICT by IANS
Beijing, Oct 27 (IANS) Chinese car-maker BYD, which is backed by famous US investor Warren Buffett, has made its first all-electric car available to private buyers in the country.The BYD ... 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 |

Defiant Obama seeks new taxes on wealthy to cut debt


September 20th, 2011 - 12:31 pm ICT by IANS
Washington, Sep 20 (IANS) Striking a confrontationist posture, President Barack Obama has proposed $1.5 trillion in new taxes for the wealthy to cut the national debt by $3.2 ... Read more...

Posted in Business |

Bank of America to eliminate 30,000 jobs


September 13th, 2011 - 11:51 am ICT by IANS
New York, Sep 13 (IANS/EFE) Bank of America Corp., the largest US financial institution by assets, announced Monday a restructuring plan that calls for $5 billion in annual cost reductions ... 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 |

Indian-born Canadian buying major stake in Bank of Ireland


July 28th, 2011 - 12:33 pm ICT by IANS
Toronto, July 28 (IANS) Toronto-based Fairfax Financial Holdings Ltd, which has assets worth about $32 billion and iscontrolled by Hyderabad-born Prem Watsa, is buying a big stake in the troubled ... Read more...

Posted in Business |

Warren Buffett to star in ‘The Office’ season finale


May 11th, 2011 - 12:03 am ICT by Aishwarya Bhatt
New York City, May 10 (THAINDIAN NEWS) NBC’s hit show “The Office” current season will come to an end on Thursday and reports on the Internet suggest that investor billionaire Warren Buffett ... Read more...

Posted in Entertainment |

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 |

India’s rich keen to give back to society: Buffet, Gates


March 25th, 2011 - 12:19 am ICT by IANS
New Delhi, March 24 (IANS) India's rich, with at least 50 dollar-billionaires, are more than willing to give back to the society in philanthropy, Microsoft co-founder Bill Gates and ... Read more...

Posted in Business |

First generation entrepreneurs give more than traditional rich: Gates


March 24th, 2011 - 11:31 pm ICT by IANS
New Delhi, March 24 (IANS) Self-made billionaire Bill Gates Thursday said it is the dynastic rich, and not first-generation entrepreneurs, who have reservations about parting with their wealth for charitable ... Read more...

Posted in Business |

Making, giving money similar tasks to me: Bill Gates (Lead)


March 24th, 2011 - 7:49 pm ICT by IANS
New Delhi, March 24 (IANS) Microsoft co-founder Bill Gates has created enough wealth to rank him the second richest person in the world with a net worth of $55 billion, ... Read more...

Posted in Business |

Gates, Buffet in Indian capital with their ‘Giving Pledge’


March 24th, 2011 - 12:17 pm ICT by IANS
New Delhi, March 24 (IANS) Two of the world's richest people, Microsoft co-founder Bill Gates and legendary investor Warren Buffett, arrived in the Indian capital Thursday to a packed ... Read more...

Posted in Business |

Buffett to invest more in India, look for acquisitions (Lead)


March 24th, 2011 - 1:04 am ICT by IANS
Bangalore, March 23 (IANS) Warren Buffett, the world's third richest billionaire, said Wednesday India is a country on the move and he will look at acquisitions when opportunities come ... Read more...

Posted in Business |

Buffett to invest more in India


March 23rd, 2011 - 7:09 pm ICT by IANS
Bangalore, March 23 (IANS) World's third richest billionaire Warren Buffett Wednesday expressed readiness to do business in India and hailed Karnataka for attracting global investments in the southern state."I look ... 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 |

When India prospers, US will prosper better: Warren Buffett


March 22nd, 2011 - 8:51 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 ... Read more...

Posted in Business |

Carlos Slim remains world’s richest person


March 11th, 2011 - 10:08 am ICT by IANS
New York, March 11 (IANS/EFE) Mexican telecommunications mogul Carlos Slim maintained his position as the world's richest person, beating Microsoft founder Bill Gates and investor Warren Buffett for the second ... Read more...

Posted in World |

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 |

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