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PE/VC funds, promoters pull out over $12 bn as equity market rallies

Markets

01 December, 2023

PE/VC funds, promoters pull out over $12 bn as equity market rallies

Large shareholders in Indian firms have sold 1.03 trillion rupees ($12.36 billion) in shares so far this year, double that ......

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Berkshire Hathaway signs off from India tech bet with a loss

TMT

24 November, 2023

Berkshire Hathaway signs off from India tech bet with a loss

Veteran American investor Warren Buffett’s Berkshire Hathaway, which that has made only a handful of deals in India, has signed ......

SoftBank's Vision Fund unit sees loss of $26.2 bn, tech portfolio slides

Finance

12 May, 2022

SoftBank's Vision Fund unit sees loss of $26.2 bn, tech portfolio slides

SoftBank Group Corp reported Thursday that it had recorded an annual loss of $26.2 billion at its Vision Fund unit ......

Citigroup looks to expand India retail banking business with Paytm tie-up

Finance

14 May, 2019

Citigroup looks to expand India retail banking business with Paytm tie-up

India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product base while ......

Berkshire may bet big on Kotak Bank; Jet in talks with NRI billionaire for funding

General

07 December, 2018

Berkshire may bet big on Kotak Bank; Jet in talks with NRI billionaire for funding

Kotak Mahindra Bank’s shares rose the most in nearly nine years on Friday following a CNBC-TV18 report that Berkshire Hathaway ......

Warren Buffett's Berkshire Hathaway picks up stake in Paytm parent

TMT

27 August, 2018

Warren Buffett's Berkshire Hathaway picks up stake in Paytm parent

Billionaire Warren Buffett-led multinational conglomerate Berkshire Hathaway has picked up a stake in One97 Communications Ltd, the parent company of ......

Berkshire Hathaway eyes stake in Paytm; Amazon may invest in Future Group

General

27 August, 2018

Berkshire Hathaway eyes stake in Paytm; Amazon may invest in Future Group

Warren Buffett’s Berkshire Hathaway is in talks to invest Rs 2,000-2,500 crore in One97 Communications in a deal that could ......

Berkshire's Warren Buffett elevates Ajit Jain, Greg Abel in move toward succession

People

11 January, 2018

Berkshire's Warren Buffett elevates Ajit Jain, Greg Abel in move toward succession

Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its ......

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Future Ventures' food vertical should generate Rs 1,000Cr in revenue by FY14: CEO KK Rathi

Consumer

12 March, 2013

Future Ventures' food vertical should generate Rs 1,000Cr in revenue by FY14: CEO KK Rathi

After a much bandied initial public offer in which shares were issued at par value, Future Ventures has had a ......