• NEWS
    Berkshire reports record full-year profit of $24.08 billion

    Warren Buffett, who is backing Democratic candidate Hillary Clinton, raised a political issue dear to Democrats in his widely-read letter by calling climate change a ‘major problem for the planet’. Photo: Bloomberg Warren Buffett on Saturday used his annual letter to Berkshire Hathaway Inc shareholders to launch vigorous defence of an aggressive private equity partner […]

  • NEWS
    LIC’s profit seen slumping as choppy markets take a toll

    Photo: Rituparna Banerjee/Mint Mumbai: Life Insurance Corp. of India (LIC) is expected to post a year-on-year decline of 40% in profit-booking on equity investments in 2015-16, as choppy markets take their toll on the country’s largest investor. LIC is expected to book a profit of Rs.15,000 crore on equities in the year to 31 March, […]

  • ALL DEALS
    Step 4: Profit. Will you make money?

    Profit may be made by generating revenue from sales or building an asset that can be leveraged to make money at a later stage. Photo: iStockphoto We are seeing a new trend in the market where start-ups are more interested in free sign-ups, number of app downloads and building online communities. Upon asking or trying […]