Omaha (Nebraska): Warren Buffett will command centrestage at Berkshire Hathaway's annual meeting on Saturday, but someone who won't be there is his influential sidekick Charlie Munger. The meeting is Buffett's 60th since he took over Berkshire in 1965 and the first since the death of his longtime friend, business partner and foil Munger at age 99 in November.
Open FlipMumbai: The Reserve Bank of India (RBI) has proposed to overhaul rules governing project lending to enable the flow of funds to infrastructure and, at the same time, ensure that the risk metrics are under control. It has stipulated minimum exposure of banks in consortium lending and prescribed norms to defile credit events. The regulator issued draft guidelines pertaining to the prudential frame.
Open FlipStocks to buy: INOX India shares have been in an uptrend since they bottomed out at around ₹810 apiece at the beginning of the last week of January 2024. After that, INOX India share price has remained an idea 'buy-on-dips' stock for positional investors. In YTD time, INOX India share price has surged from nearly ₹880 to ₹1395 apiece on NSE, logging almost 60 percent rise in 2024.
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