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Berkshire Hathaway is trailing the S&P 500 by its widest gap this year, as Warren Buffetts move to significantly trim the conglomerates Apple holdings continues to pressure performance, even as Berkshires shares rebound from summer lows. Class B shares have climbed 7.2% since their August 4 low of $459.11, partially recovering a nearly 15% drop. Year to date, Class B and A shares are up 8.6% and 8.5%, respectively.
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Anil Agarwal-led Vedanta Resources Ltd (VRL) has raised 500 million dollars through bonds in October and will use the proceeds to repay near-term obligations.
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News and Media
Rekha Jhunjhunwala increased her Titan stake by 15 lakh shares, raising total ownership to 5.3%. Titans Q2 saw broad growth: domestic business up 18%, international up 86%, jewellery and emerging segments leading. With a five-year return of 200%, Titan remains a cornerstone of the Jhunjhunwala familys investment portfolio.
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News and Media
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