Berkshire buys back record $25bn of stock
NEW DELHI: Warren Buffett’s Berkshire Hathaway bought back a record $24.7 billion of its own stock last year and said there’s more to come, as the conglomerate struggled to find … Read More
Category: Business
Dalal-Street fret not, bond tantrum will pass
Historical data show that equity peaks have followed a yield rise and a lot more is in store for equities
We must continue to trade with China: Bajaj Auto MD Rajiv Bajaj
MUMBAI: Favouring continuation of trade with China, Bajaj Auto managing director Rajiv Bajaj on Saturday said goods should be procured from wherever they are most competitively available. He was speaking … Read More
Stock gains power Buffett’s Berkshire Hathaway to higher profit
For all of 2020, Berkshire said it bought back $24.7 billion of its own stock, topping its old record $5 billion in 2019.
‘Q3 growth shows eco returned to pre-pandemic times’
NEW DELHI: The GDP growth of 0.4 per cent in the December quarter shows that the economy has returned to pre-pandemic times and reflects further strengthening of a V-shaped recovery, … Read More
Bond sale rescued by India dealers as rout sweeps across globe
Underwriters bought about 20% of the 240 billion rupees ($3.3 billion) of bonds on offer at a weekly sale, the Reserve Bank of India said in a statement Friday.
NSE’s tech spending hasn’t kept up with rising volumes
NSE’s volumes in the cash segment have risen by 205% in the past five years. In its equity derivatives segment, volumes have surged 670%.
UK court orders extradition: What’s next for Nirav Modi
NEW DELHI: A London court on Thursday ruled that fugitive diamond merchant Nirav Modi could be extradited to India in connection with the Punjab National Bank (PNB) scam case. Once … Read More
Consult us before notifying OTT norms: Industry body
NEW DELHI: The Internet and Mobile Association of India has sought public consultations with the government on guidelines for OTT streaming platforms before they are notified. In a statement on … Read More
What does Tata Consumer’s entry into Nifty50 imply?
A new outsider CEO, restructuring of operations and portfolio and new product launches amid the pandemic worked well to enable the stock to scale new heights.