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Warren Buffett stepped down as chief executive of Berkshire Hathaway today, bringing to an end one of the longest and most influential leadership runs in modern corporate history.The transition, announced earlier this year at Berkshire’s annual shareholders’ meeting, hands day-to-day control to vice-chairman Gregory Abel from January 1. Buffett, now 95, will remain chairman and…

BENGALURU: Third-party logistics company Shadowfax is planning to launch its IPO as soon as next week, with a post-money valuation of around Rs 7,400 crore—down from the Rs 8,500–9,000 crore it previously considered, sources said. The Bengaluru-based firm also slightly reduced the size of its public issue to Rs 1,900 crore. Source link