Warren Buffet to have major stake in Goldman Sachs

Last Updated: Wednesday, March 27, 2013, 00:18

Warren Buffett will become one of the largest shareholders in Goldman Sachs Group Inc. later this year.

'GIC says no loss due to buying cover from Berkshire'

Last Updated: Tuesday, March 12, 2013, 19:37

Government on Tuesday said it is examining the way in which the state-owned GIC entered into an arrangement with Berkshire Group of USA and its subsequent cancellation within a short period after payment of USD 15.2 million premium towards reinsurance business cover.

Warren Buffett reveals magic mantra behind spectacular investment success

Last Updated: Tuesday, March 5, 2013, 21:26

American tycoon Warren Buffett has said investors should focus on quality stock and ‘value’ does not necessarily mean ‘cheap’.

Bow deeply when you see Ajit Jain: Warren Buffett

Last Updated: Sunday, March 3, 2013, 11:59

Showering accolades, Buffett asked shareholders to "bow deeply" if they happen to see Jain at the annual meeting.

Pay $3.5 million for a lunch with Warren Buffet

Last Updated: Saturday, June 9, 2012, 22:38

The organization said yesterday's winning bidder wished to remain anonymous. Williams said 10 people actively engaged in bidding.

Rajaratnam swindled, cheated me: Gupta told Ajit Jain

Last Updated: Saturday, June 9, 2012, 14:42

Ex-McKinsey head Rajat Gupta had told his "close friend" Ajit Jain, chief of Berkshire Hathaway's reinsurance business, that he had been "swindled and cheated" by hedge fund founder Raj Rajaratnam when he lost his USD 10 million in an investment fund.

Berkshire's Ajit Jain to give video testimony in Gupta trial

Last Updated: Friday, June 8, 2012, 16:09

Berkshire Hathaway's India-born head of reinsurance business Ajit Jain, seen as a possible successor to billionaire investor Warren Buffett, will testify through a video deposition for his "close friend", former Goldman Sachs director Rajat Gupta in his insider trading trial.

Email, wiretaps try to link Rajat Gupta to Rajaratnam

Last Updated: Friday, May 25, 2012, 16:31

Indian-American former Goldman Sachs director Rajat Gupta tipped convicted hedge-fund manager Raj Rajaratnam about a mega deal that helped him make nearly a million dollars, prosecutors have claimed as jurors in his trial heard a series of key wiretapped phone conversations.

Warren Buffett diagnosed with prostate cancer; 'not' life-threatening

Last Updated: Wednesday, April 18, 2012, 08:51

Legendary investor Warren Buffett said he has been diagnosed with prostate cancer, but asserted that his condition is not "remotely" life-threatening and he feels "great" with "100 percent" energy level.

Buffett says stocks, homes are fairly cheap now

Last Updated: Monday, February 27, 2012, 21:41

Billionaire Warren Buffett says stocks remain relatively cheap compared to other investments right now, and the economy continues to improve slowly.

Indian-origin Ajit Jain to succeed Warren Buffet?

Last Updated: Sunday, February 26, 2012, 10:30

The name of Jain, who controls the group's major reinsurance business, and few others, has been doing the rounds as potential successors to Buffett.

Jain added many billion dollars to Berkshire value: Buffett

Last Updated: Saturday, February 25, 2012, 21:32

Showering praise on one of his most trusted people Ajit Jain, famed investor Warren Buffett on Saturday said the Indian-origin executive has added "a great many billions of dollars to the value of Berkshire Hathaway".