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Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake By Reuters
By Jonathan Stempel (Reuters) -Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway (NYSE:), sold more than half of his Class A shares in the conglomerate this week. According to a Wednesday night regulatory filing, the 73-year-old Jain sold 200 Berkshire Class A shares on Sept. 9 for about $139.1 million, at…
Trump earned over $600 million in 2024
Donald Trump has reported revenue of over $600 million generated from various businesses, including cryptocurrency, golf clubs, and licensing deals. The financial statements, signed on June 13, disclose data for the period up to the end of 2024. This period does not take into account a significant portion of the profits from the family’s cryptocurrency…
Ahead of Market: 10 things that will decide stock market action on Friday
The Indian market ended in the red on Thursday, dragged down by IT and financial stocks, as hawkish signals from the U.S. Federal Reserve and persistent Middle East tensions weighed on sentiment. Heavy selling was seen across midcap and smallcap stocks, reflecting broad-based weakness in the market. The BSE Sensex shed 82.79 points, or 0.1%,…
Ola, Paytm, Swiggy tumble up to 50% in 2025: Are your loss-making tech bets still worth it?
India’s new-age tech stocks saw a sharp divergence in performance in the first half of 2025, as investors recalibrated their expectations and began pricing in execution risk, capital discipline, and earnings visibility. Shares of Ola Electric crashed nearly 50%, Swiggy fell 26%, and Paytm declined 9%, as execution concerns and cash burn drove investors away….
Where’s the Indian mutual fund sector going ahead? 6 big trends to watch out for
Large Cap’s five-year decline – a structural re-rating of where Indian investors want their money Large Cap’s share of total equity AUM has fallen in a straight line – 18.2% (Mar-21) → 16.6% (Mar-22) → 15.5% (Mar-23) → 13.4% (Mar-24) → 12.2% (Mar-25) → 11.4% (Mar-26). In absolute rupees, Large Cap AUM grew from ₹1,78,324…
