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 |
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 |
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 |
Obama bestows George Bush with America’s highest civilian honour
February 16th, 2011 - 3:48 pm ICT by ANI
Washington, Feb.16 (ANI): US President Barack Obama honoured 41st president George H W Bush with America's highest civilian honour on Tuesday.Obama praised Bush, as a "diplomatic hand" who made possible what ... Read more...
Posted in World |
Missing Google executive in Egypt to be released
February 7th, 2011 - 12:23 pm ICT by IANS
Cairo/Washington, Feb 7 (IANS) A senior Google executive, who mysteriously went missing over a week ago after emerging as a key figure in the Egypt protests against the 30-year rule of ... Read more...
Posted in Sci-Tech |
Comedian claims request for $1m on YouTube has been answered
January 21st, 2011 - 5:37 pm ICT by ANI
London, Jan 21 (ANI): A man in US, who made an appeal on YouTube for 1 million dollars, has claimed that a mystery benefactor has answered his request.Craig Rowin, 27, said ... Read more...
Posted in World |
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 |
WikiLeaks: British businessmen overeducated, says Branson
December 21st, 2010 - 12:48 pm ICT by IANS
London, Dec 21 (IANS) Virgin group owner Richard Branson, who left school at 15 and ran his own business when others his age were studying, believes that "British entrepreneurs are overeducated", ... Read more...
Posted in Business |
Time Person Of The Year 2010 Award Goes To Marc Zuckerberg!
December 16th, 2010 - 8:39 pm ICT by GD
By Ranjan Bhaduri
Dec 16, (THAINDIAN NEWS) The CEO of popular social networking site Facebook has added yet another feather to his cap of achievements. Marc Zuckerberg who shot to global fame after ... Read more...
Posted in Technology Industry News |
