Real estate major Macrotech Developers Ltd, known for its ‘Lodha’ brand, is set to launch residential projects worth Rs 19,000 crore during the current financial year across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, in a move to capitalise on the strong demand in the housing sector.In an interview with PTI, Macrotech Developers Executive…
State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise in sales for the month of April. In a statement issued on Sunday, the company said it produced 4 million tonnes (MnT) of iron ore during April, up from 3.48 MnT in the same…
(left to right) Tim Cook, Warren Buffett, Jamie Dimon Apple CEOTim Cook, JPMorgan Chase’s Jamie Dimon and other industry leaders paid glowing tributes to Warren Buffett following shock announcement by the Berkshire Hathaway chief executive he will retire at the end of the year, having led the conglomerate for over 60 years.Cook said, “There’s never…
“I think the time has arrived where Greg should become the Chief Executive office of the company at year end,” Buffett said. Warren Buffett, the world’s most famous investor, has revealed his decision to step down as Berkshire Hathaway‘s CEO by year-end, appointing Greg Abel, a 62-year-old low-key Canadian executive and one of his trusted…
AI-generated representative image Declining travel demand, evidenced by disappointing earnings projections from major travel companies, could lead to significant economic losses for the US this year. Analysts point to the impact of the Trump administration’s trade policies on consumer confidence, as reported by Reuters.JP Morgan claimed in a recent note that rising anti-American sentiment may…
United States Trade Representative The United States on Saturday called out multiple countries, among them China and India, over their “unfair trade practices” which it alleged were “harming” America’s textiles and apparels sector.In a social media post, the United States Trade Representative (USTR) said that China’s domestic manufacturers were enjoying “unfair competitive advantages” due to…
The inaugural edition of WAVES Bazaar concluded on Saturday, with the marketplace recording business transactions exceeding Rs 800 crore over its three-day period. According to an official statement, the total valuation is projected to surpass ₹1000 crore in a few days as deal-making was still underway.The deals struck during the event were across the film,…
Warren Buffett’s six-decade reign at Berkshire Hathaway is filled with stories of staggering profits, philosophical pivots, and a few painful lessons. As the 94-year-old “Oracle of Omaha” announces plans to retire as CEO by the end of 2025, the spotlight is once again on the investments that made, and occasionally unmade, his fortune. The genius…
Warren Buffett on Saturday announced his plans to retire by the end of the year recommending Greg Abel as his successor to lead Berkshire Hathaway.“I think the time has arrived where Greg should become the Chief Executive office of the company at year end,” Buffett said.He announced his retirement at the close of a five-hour…
NEW DELHI: Govt has told industry that current discussions for the proposed trade deal with the US are focusing on products or tariffs lines, and has sensitised it about the possible rules of origin that will determine if an item qualifies for duty concessions or not.During a meeting on Friday, businesses were also asked to…