In 2016, Buffett made perhaps the most surprising bet of his career. That year, Berkshire Hathaway, the company he runs, began buying up shares of Apple—the exact kind of stock Buffett and his longtime partner, Charlie Munger, had long avoided. Keep scrolling for the full story.
Adani Group faces Sebi scrutiny; show-cause notices issued to 6 firms
Six Adani Group firms have come under the Securities and Exchange Board of India (Sebi) lens and have received show-cause notices for alleged breaches in related party transactions and non-compliance with listing regulations, said the companies in their regulatory filings to the stock exchanges.
ICICI market cap tops Rs 8 trillion, bank storms into the top five
ICICI Bank’s market capitalisation reached Rs 8.14 trillion after its shares touched an all-time high of Rs 1,163 apiece, before ending the session with a gain of 4.72%.
SME IPO frenzy could continue in 2024
The SME IPO frenzy, which had surprised many in the past couple of years, has caught further wind this year with the total fundraising in the first four months already half of what was seen in 2023. The number of issues and the overall fund activity this year is set to surpass 2023 levels, according to market participants.
