New Delhi | June 17, 2013 20:50 (IST)
Mr Roy, who at present a Managing Director in the organisation, would be succeeding D K Mehrotra, whose term as LIC chief ended on May 31.
Omaha | June 08, 2013 15:06 (IST)
A private lunch with billionaire investor Warren Buffett has been sold for more than $1 million at auction.
Kalpetta, Kerala | May 28, 2013 20:04 (IST)
Kalpetta Judicial first Class Magistrate N Ravishankar, who remanded the three to judicial custody yesterday,granted them bail with conditions including that the accused should report to the investigating official as and when directed.
May 23, 2013 12:45 (IST)
The California-based law firm, Aiman-Smith & Marcy, said that iGate's head of investor relations Araceli Roiz was pregnant with Murthy's child.
May 13, 2013 13:01 (IST)
Offshore-centric IT services major Cognizant has paid its India-origin CEO Francisco D'Souza a pay package of $10.61 million in cash, stocks and other benefits.
May 12, 2013 12:47 (IST)
Reliance Industries' billionaire chief Mukesh Ambani has kept his annual salary capped at Rs 15 crore for the fifth year in a row, while foregoing nearly Rs 24 crore from the remuneration approved for him by shareholders.
May 07, 2013 08:25 (IST)
Warren Buffett said the U.S. economy is gradually improving, but low interest rates have made bonds "terrible investments" while stocks remain "reasonably priced." Speaking on CNBC television on Monday, the chairman and chief executive of Berkshire Hathaway Inc said the economy is benefiting from an upturn in areas that had not previously performed well, particularly homebuilding.
May 05, 2013 11:23 (IST)
More than 35,000 people descended on Omaha, Nebraska, on Saturday for the annual shareholder meeting of Warren Buffett's ice cream-to-insurance conglomerate, Berkshire Hathaway Inc. Following are selected comments by Buffett, Vice Chairman Charlie Munger and other Berkshire executives on a broad range of topics:
Omaha, Nebraska | May 05, 2013 11:14 (IST)
Warren Buffett on Saturday gave the most extensive comments to date about the future of Berkshire Hathaway Inc after he is gone, saying he still expects the conglomerate to be a partner of choice for distressed companies.
San Francisco/New York, United States | May 03, 2013 08:10 (IST)
Intel Corp chose veteran insider Brian Krzanich as chief executive, disappointing some investors who hoped an outsider would push for aggressive changes to help the world's largest chipmaker catch up in the mobile revolution.
May 02, 2013 22:45 (IST)
Warren Buffett is an avowed avoider of high technology, but even the world's most famous investor cannot dodge Twitter.
May 01, 2013 09:00 (IST)
Cyrus Pallonji Mistry, 44, will formally take over the reins of the $100 billion Tata Sons on Friday. Tata Sons is the holding company for all Tata group firms, which have diversified interest in software, automobile, steel, hospitality and retail sectors.
New Delhi, India | May 01, 2013 08:34 (IST)
In his first major strategic management initiative after taking over as the chairman of Tata Sons, Cyrus P. Mistry has set up a "group executive council (GEC)" to provide the salt-to-steel Tata group strategic and operational direction.
New Delhi | April 24, 2013 14:52 (IST)
GMR said Amarthaluru would continue to be in the services of the company till July, 2013 to ensure smooth transition.
April 23, 2013 23:23 (IST)
US President Barack Obama is fine, a presidential spokesman said today after a hacked AP Twitter account sent out fake news about two bomb blasts at the White House and that the President was injured.
New Delhi | April 22, 2013 13:42 (IST)
Prior to Mr Mittal, Late Bharat Ram (1969-1971), who was also the first Indian to be appointed as the chairman of the ICC executive board and Late Hari Shankar Singhania (1993-1994) were appointed to ICC.
April 21, 2013 20:23 (IST)
India's leading industrialist brothers, Mukesh and Anil Ambani, have been together listed as 20th richest in the world in the Sunday Times Rich List 2013.
April 21, 2013 20:19 (IST)
Billionaire Tory Peer Lord Ashcroft is to pledge at least half of his 1.2 billion pounds fortune to charity as he joins a philanthropic movement led by Warren Buffett and Bill Gates, according to a media report today.
London | April 21, 2013 11:49 (IST)
Indian-origin steel tycoon Lakshmi Mittal, who spent eight years at the top of the Sunday Times Rich List, has dropped down to fourth position this year, while leading NRI industrialist Lord Swraj Paul has emerged as the wealthiest Peer in the House of Lords.
Bangalore | April 19, 2013 16:41 (IST)
Wipro chairman Azim Premji today said he has already given more than 25 per cent of his personal wealth to charity, but acknowledged it's not easy to use money well in philanthropy.