To prevent a market collapse, India needs more equity investments according to top analyst Prahbat Awashti.
People
Loro Piana Brothers Emerge as Billionaires After Selling Italian Cashmere
LVMH Moet Hennessy Louis Vuitton SA bought 80% of Loro Piana SpA making the brothers who led the company billionaires.
Dell shareholder Yacktman supports Icahn buyout offer
Yacktman Asset Management expressed its support for Carl Icahn's buyout offer for Dell. Yacktman Asset Management, Dell Inc's stockholder gave its support for Carl Icahn and Southeastern Asset Management's buyout offer for the PC manufacturer.
Movable Ink names new vice president
Jason Valdina was named as Movable Ink's new vice president. Electronic mail marketing technology provider Movable Ink announced today that Jason Valdina is its new Vice President of Product.
Hokamp is Cosentry's new CEO
TA Associate's Cosentry announced that Brad Hokamp is its new chief executive officer. Cosentry, a portfolio company of TA Associates based in Omaha, Nebraska, announced on Tuesday that Brad Hokamp will lead the company as its new chief executive officer.
Latest News
Argex planned for a non-Brokered private placement of Can$10 million to two subscribers. Argex Titanium Inc. announced its plan for a non-brokered private placement of Can$10 million.
Contact Solutions has named its new CEO to be Michael Boustridge. Contact Solutions named Michael Boustridge as its new Chief Executive Officer. As the new CEO, Boustridge would be focusing on accelerating Contact Solutions' growth trajectory.
Beurden was named as Shell's new CEO. Ben van Beurden, Downstream Director of Royal Dutch Shell, would be taking over Peter Voser position as Chief Executive Officer.
Eli Lilly Chairman, John Lechleiter has returned to work after heart surgery. Chairman and Chief Executive Officer of Eli Lilly & Co. , John Lechleiter returned to his positions full-time after undergoing a heart surgery to fix a heart defect in May.
Michael Dell has received support from Institutional Shareholder Services Inc. for the $24.4 billion acquisition of his company.
The U.K. Chancellor of the Exchequer has supported tougher rules for the banking industry George Osborne, U. K. Chancellor of the Exchequer, has supported tougher rules for the banking industry.
Buffet gave around 17.5 million Class B shares to the Bill and Melinda Gates Foundation. Warren Buffett has contributed a record US$2 billion to the Bill and Melinda Gates Foundation.
Chief Executive Officer for Barnes & Noble William Lynch resigned on Monday after failure to lead the US bookstore chain to compete against Amazon.com and Google Inc in the online market.
Edward (Ted) Marple takes the lead of the research organization as its founder Paul Wengender focus on the business aspect.
