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Forbes India Rich list: Rupee struggles under peer pressure, but country's wealthy are getting wealthier
India

Forbes India Rich list: Rupee struggles under peer pressure, but country's wealthy are getting wealthier

A weaker rupee impacted the majority of the richest but that was offset by Gautam Adani's record gain, which made him the new No 1

Warren Buffet’s Berkshire Hathaway gets nod to buy up to 50% of Occidental Petroleum
Business

Warren Buffet’s Berkshire Hathaway gets nod to buy up to 50% of Occidental Petroleum

Currently, Berkshire reportedly holds 188.5 million shares of the oil giant, which is equivalent to 20.2 per cent of the position

Inside Bill's Brain review: Netflix docu series focuses more on Gates Foundation and less on Microsoft co-founder
Entertainment

Inside Bill's Brain review: Netflix docu series focuses more on Gates Foundation and less on Microsoft co-founder

Netflix docu-series Inside Bill's Brain does more than enough justice to the trajectory of Gates' life following his exit from Microsoft in 2008.

Mukesh Ambani is 13th richest on Forbes World's Billionaire list; Amazon founder Jeff Bezos retains top spot
Business

Mukesh Ambani is 13th richest on Forbes World's Billionaire list; Amazon founder Jeff Bezos retains top spot

Mukesh Ambani, 61, saw wealth soar from $40.1 billion in 2018 when he was placed 19th richest in the world, to $50 billion to be rank at 13th in 2019.

Mukesh Ambani breaks into top 10 global rich list with a net worth of $54 bn; Amazon chief Jeff Bezos retains top rank
Business

Mukesh Ambani breaks into top 10 global rich list with a net worth of $54 bn; Amazon chief Jeff Bezos retains top rank

The Hurun Global Rich List 2019 is topped by Amazon chief Jeff Bezos for the second year in a row, while Mukesh Ambani is placed 10th with a network of Rs 3.83 lakh crore, thanks to a rally in RIL shares.

Paytm bets on local expertise to fend off rivals, aims to increase offline merchants to 15 million by March 2019
Business

Paytm bets on local expertise to fend off rivals, aims to increase offline merchants to 15 million by March 2019

Paytm is transforming into a financial services start-up with forays in banking, mutual funds and later insurance.

Ravi Shankar Prasad's digital nationalism sends out mixed messages, may inhibit glorious technology revolution
India

Ravi Shankar Prasad's digital nationalism sends out mixed messages, may inhibit glorious technology revolution

Prasad's latest statement that internet giants should reinvest their profits in India to create jobs, is bound to be seen in a suspicious light for more reasons than one

Warren Buffett set to invest over Rs 2,000 cr in Vijay Shekhar Sharma's Paytm: Reports
Business

Warren Buffett set to invest over Rs 2,000 cr in Vijay Shekhar Sharma's Paytm: Reports

Berkshire’s investment could be clinched in the coming weeks, valuing Paytm at over $10 billion, reports said

Berkshire Hathaway may invest over Rs 20 billion in Paytm's parent firm: Report
News & Analysis

Berkshire Hathaway may invest over Rs 20 billion in Paytm's parent firm: Report

Berkshire’s investment could be clinched in the coming weeks, valuing Paytm at over $10 billion.

Amazon CEO Jeff Bezos' net worth crosses $150 billion, becomes richest person in modern history
Business

Amazon CEO Jeff Bezos' net worth crosses $150 billion, becomes richest person in modern history

Jeff Bezos’ net worth is $55 billion more than that of Microsoft co-founder Bill Gates

Cybersecurity risks will get worse in the years to come, says Berkshire Hathaway CEO Warren Buffet
News & Analysis

Cybersecurity risks will get worse in the years to come, says Berkshire Hathaway CEO Warren Buffet

Warren Buffet said he believed that cybersecurity incidents would rise and with it the potential to significantly harm the insurance industry

Amazon founder Jeff Bezos is world's richest man with $112 bn: Forbes billionaire 2018 list
World

Amazon founder Jeff Bezos is world's richest man with $112 bn: Forbes billionaire 2018 list

Amazon founder Jeff Bezos tops this year's Forbes World's Billionaires list with a record fortune of $112 billion

Renowned investor Warren Buffet states that he will never invest in cryptocurrencies
News & Analysis

Renowned investor Warren Buffet states that he will never invest in cryptocurrencies

Buffett’s comments come a day after JPMorgan & Chase Chief Executive Jamie Dimon said he regrets calling bitcoin a fraud.

Warren Buffett's successors emerge as Berkshire Hathaway promotes Gregory Abel and Ajit Jain
Business

Warren Buffett's successors emerge as Berkshire Hathaway promotes Gregory Abel and Ajit Jain

Buffett called Abel’s and Jain’s new roles “part of the movement toward succession” at Berkshire.

Rakesh Jhunjhunwala exclusive: 'Trading is mother of all my wealth… I only make mistakes I can afford… computer-based trading is like programmed sex'
Business

Rakesh Jhunjhunwala exclusive: 'Trading is mother of all my wealth… I only make mistakes I can afford… computer-based trading is like programmed sex'

Rakesh Jhunjhunwala is the renowned investor who has made billions from an initial capital of only Rs 5,000.

Bitcoin breaches $10,000 mark; should you still bother to invest in it?
Business

Bitcoin breaches $10,000 mark; should you still bother to invest in it?

Now there are three kinds of people in the world. Those who invest in bitcoins, those who are totally against investing in it, and those who have no idea what is happening.

Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs
Business

Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs

Rakesh Jhunjhunwala said that the recent tepid listings could lead to a “lull” in the IPO pipeline, and companies coming to market might readjust their pricing.

Forbes rich list: India home to 101 billionaires, Mukesh Ambani wealthiest
Business

Forbes rich list: India home to 101 billionaires, Mukesh Ambani wealthiest

The Forbes list of the 'World's Billionaires' 2017 consists of 2,043 of the richest people in the world who have a combined net worth of US $7.67 trillion, a record 18-percent increase over the past year.

Oxfam study: 8 billionaires hold half the world's wealth; rich-poor gap 'obscene'
Business

Oxfam study: 8 billionaires hold half the world's wealth; rich-poor gap 'obscene'

It's because of this kind of inequality that trust in institutions has fallen sharply since the global financial crisis of 2008, according to Edelman, one of the world's biggest marketing firms.

Warren Buffett hits back at Donald Trump's tax deduction claims; releases tax details
World

Warren Buffett hits back at Donald Trump's tax deduction claims; releases tax details

Investor Warren Buffett says he's never used the kind of tax deduction that Republican presidential candidate Donald Trump did