Berkshire Hathaway is trailing the S&P 500 by its widest gap this year, as Warren Buffett’s move to significantly trim the conglomerate’s Apple holdings continues to pressure performance, even as Berkshire’s 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.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an