Warren Buffett denies that Berkshire Hathaway 'too big to fail'

The focus on Berkshire's size has grown over the years as it has amassed more than 80 businesses Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc , a sprawling conglomerate......

Indian Max New York sees rise in insurance premium

Max New York Life Insurance Co Ltd, 26 per cent owned by New York Life, expects the premium income of private life insurers in India to grow at a compounded annual rate of 75 per cent over the next......

Budget: What it has for middle class tax payers

Giving with one hand and taking with the other, Finance Minister Arun Jaitley on Saturday hiked tax deduction limit for individuals to Rs 4.44 lakh, but slapped an extra surcharge on super-rich......

AIG repays $6.9 bn of US bailout funds

American International Group Inc has repaid another $6.9 billion to the US government, using proceeds from the sale of the insurance firm's stake in MetLife. AIG had received over $180 billion from......