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Rajat Gupta gets new chance to void insider trading conviction| Reuters

Feb 05, 2016 at 04:45 | Source: FirstPost

NEW YORK Rajat Gupta, a former director of Goldman Sachs Group Inc (GS.N) and global managing director of McKinsey & Co, has persuaded a federal appeals court to take a fresh look at overturning his 2012 insider trading conviction.In an order on ...

Mukesh Ambani, Premji, Shanghvi among world's 50 wealthiest

Jan 28, 2016 at 13:40 | Source: FirstPost

New Delhi: Three Indians - Mukesh Ambani, Azim Premji and Dilip Shanghvi - have made it to a global list of 50 wealthiest people that is topped by Bill Gates.According to a new list by Wealth-X in collaboration with Business Insider, Mukesh Ambani wa...

Investor calls on Yahoo, Viacom to take on 'Buffett-like' partners| Reuters

Jan 28, 2016 at 07:15 | Source: FirstPost

A vocal investor in Yahoo Inc (YHOO.O) and Viacom Inc (VIAB.O) is calling for the boards of both companies to seek outside investments from strategic partners in the vein of legendary investor Warren Buffett to help boost the value of their stocks. I...

Startup India: The ecosystem has truly taken off; we are the youngest startup country now

Jan 16, 2016 at 10:16 | Source: FirstPost

By C P GurnaniA bourgeoning smartphone market bringing millions of people online, thousands of startups with excellent talent, and an improving environment for doing business are all driving a rush of venture capital into India over the last two yea...

Startup India: The ecosystem has taken off; we are the youngest startup country now

Jan 15, 2016 at 22:22 | Source: FirstPost

By C P GurnaniA bourgeoning smartphone market bringing millions of people online, thousands of startups with excellent talent, and an improving environment for doing business are all driving a rush of venture capital into India over the last two yea...

From Homeland to hair: Hillary Clinton emails give a glimpse into her private life

Dec 01, 2015 at 13:15 | Source: FirstPost

Washington: The latest release of Hillary Clinton's private emails show her, as secretary of state, dealing with the complicated politics of the Arab Spring, fending off questions about her role in the deadly 2012 Benghazi attacks and attempting to n...

Wall Street jumps 1 percent, looks beyond Paris attacks| Reuters

Nov 17, 2015 at 02:30 | Source: FirstPost

Wall Street surged over 1 percent on Monday as investors bet Friday's deadly attacks in Paris would have little long-term effect on the U.S. economy and corporate earnings.U.S. oil prices rose after French air strikes in Syria in reaction to multiple...

Wall St rises as little impact seen from Paris attacks| Reuters

Nov 16, 2015 at 23:45 | Source: FirstPost

U.S. stocks were higher in early afternoon trading on Monday after a choppy start as investors absorbed the impact of Friday's deadly attacks in Paris.Oil prices rose after French air strikes in Syria but soon reversed course amid concerns of an over...

InterGlobe Aviation IPO a top draw, over-subscribed 6.14 times

Oct 29, 2015 at 21:46 | Source: FirstPost

Mumbai: In the biggest IPO in nearly three years, the Rs 3,018-crore public offer of IndiGo's parent InterGlobe Aviation saw strong demand and was over-subscribed by 6.14 times on the last day of bidding today.The IPO generated demand worth about Rs ...

PM Modi 10th most admired personality globally, Mahatma Gandhi 4th: WEF survey

Oct 28, 2015 at 18:24 | Source: FirstPost

Geneva: Prime Minister Narendra Modi is the 10th most admired personality globally, as per a new survey by the World Economic Forum (WEF) that has ranked late South African President Nelson Mandela on the top.Mahatma Gandhi is ranked fourth most admi...

Goldman to release results on website, not BusinessWire - source| Reuters

Oct 09, 2015 at 00:15 | Source: FirstPost

Goldman Sachs Group Inc (GS.N) will release its third-quarter results next week through its website and Twitter, not through BusinessWire, as it seeks more control over the handling of sensitive information, a person familiar with the matter said.Gol...

Goldman to release results on website, drops BusinessWire - source| Reuters

Oct 08, 2015 at 23:45 | Source: FirstPost

Goldman Sachs Group Inc will not release its third-quarter earnings report next week through Warren Buffett's BusinessWire, a person familiar with the matter said.The bank will release its results on its website and on Twitter as it wants to have mor...

Bill Gates is America's richest man for 22nd straight year

Sep 30, 2015 at 09:34 | Source: FirstPost

WashingtonMicrosoft co-founder Bill Gates retains the top spot on the Forbes list of America's 400 richest people for the 22nd straight year with Republican presidential frontrunner Donald Trump ranked 121st with $4.5 billion.While Gates' worth is as...

China and Buffett fuel Wall Street rally, dollar steady| Reuters

Aug 10, 2015 at 23:30 | Source: FirstPost

SAN FRANCISCO Wall Street rallied on Monday after a major M&A deal and on weak data out of China that boosted hopes for fresh stimulus from Beijing, while expectations of a U.S. interest rate hike kept the dollar near a four-month high.All three ...

Berkshire profit falls 37 percent on investment, insurance slump| Reuters

Aug 08, 2015 at 03:45 | Source: FirstPost

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) said on Friday second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an underwriting loss from insurance.Net income for the Omaha, Nebraska-based insu...

CMOs, adopt the customer life cycle to accelerate your journey to customer obsession

Aug 04, 2015 at 12:12 | Source: FirstPost

By Sheryl PattekIn ancient Greek mythology, Cassandra, the beautiful daughter of the King of Troy, had the gift of prophecy with complete knowledge of future events. But the impact of Cassandras gift was stymied by her inability to alter the future o...

Prem Watsa's Fairfax buys 26% stake in brokerage IIFL for Rs 1621 cr: Key facts

Jul 14, 2015 at 11:39 | Source: FirstPost

Canadian investor Prem Watsa's Fairfax India Holdings Corp plans to increase its stake in Indian financial services firm IIFL Holdings IIFL to up to 26 percent for $225 million ( Rs 1600 crore) through a share tender offer.IIFL is a diversified finan...

India's 'most generous' man Azim Premji gives away nearly half his Wipro stake to charity

Jul 09, 2015 at 16:50 | Source: FirstPost

Bengaluru: IT czar Azim Premji has given away almost half of his shareholding in Wipro, India's third largest exporter of software services, towards philanthropy.Wipro's billionaire founder has given away an additional 18 per ent of his stake in the ...

Buffett donates record $2.84 billion to Gates, family charities| Reuters

Jul 06, 2015 at 23:31 | Source: FirstPost

REUTERS - Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc (BRKa.N) stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth.The 10...

Ex-Goldman director, Rajat Gupta, fails to void insider trading conviction| Reuters

Jul 02, 2015 at 23:30 | Source: FirstPost

NEW YORK Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a U.S. judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hatha...

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