Greg Abel didn’t take long to address the elephant in the room. In his first few minutes addressing Berkshire Hathaway Inc. shareholders on Saturday — the first annual meeting without Warren Buffett leading the festivities — Abel took investors back to one year earlier, when Buffett shocked the room and anointed him as its next … Read more
The next 20-25 years will be the era of India, which over the next decade or more is going to grow at 8-10 per cent, BlackRock CEO Larry Fink said on Wednesday. Speaking at a fireside chat with billionaire Mukesh Ambani on ‘Investing For a New Era’, the CEO of the US multinational investment management … Read more
The joint venture between Jio Financial Services and BlackRock has also seen strong participation from investors beyond major metros, with 40% of its retail investors coming from B-30 cities. Photo Credit: Jio BlackRock Mutual Funds Instagram Jio BlackRock Asset Management, which launched its services in May, has built an investor base of 10 lakh, with … Read more
Godrej Industries (GL) has incorporated a new subsidiary Godrej Investment Ltd (GIL). The new Company will serve as the umbrella holding company for group’s financial services businesses. The group’s current lending operations, housed under Godrej Capital Ltd., include Godrej Housing Finance Ltd. and Godrej Finance Ltd., a Non-Banking Financial Company (NBFC). Godrej Capital under the … Read more
Big-name hedge funds mostly had strong years, led by managers such as Michael Gelband’s ExodusPoint and D.E. Shaw. It was a choppy year for funds, which battled markets strained by geopolitical stress from tariffs and international conflicts. Most funds still trailed the S&P 500’s 16.4% return on the year, however. Artificial intelligence spikes and sell-offs, … Read more
Billionaire Warren Buffett said Berkshire Hathaway is stronger than any other company to weather the long run, following the handover of leadership to Greg Abel after six decades under the famed “Oracle of Omaha.” Buffett noted that he would prefer Abel to manage his own money, according to CNBC. Here’s what Warren Buffett said about … Read more
Japanese investment bank Mizuho Securities on Wednesday (December 17, 2025) said it is acquiring over 60% stake in Avendus Capital from U.S.-based investment firm KKR. Mizuho Securities, an arm of Mizuho Financial Group, aims to further strengthen its business foundation in India’s rapidly developing and maturing capital markets. In a statement, Mizuho Securities said it … Read more
At 9:01am this Monday, something quietly historic happened on the National Stock Exchange. For the first time, options-crazed traders didn’t dive straight into live futures prices at the opening bell – they had to watch a call auction screen instead.NSE’s new 15-minute pre-open session for equity derivatives went live on December 8, in what traders … Read more
India’s affluent investors are increasingly gravitating toward specialised wealth products, according to online brokerage firm Groww’s Q2FY26 results. The brokerage noted a sharp rise in its affluent user base, which now constitutes a growing share of total customer assets. According to Groww, the segment is expanding rapidly, showing 52% year-on-year growth compared to 20% for … Read more