In a surprise announcement, Warren Buffett, the renowned 'Oracle of Omaha', revealed that he will be stepping down as CEO of Berkshire Hathaway and passing the reins to Greg Abel at the end of 2025. The decision, made during the company's annual shareholders meeting, sent shockwaves through the business world, with many global leaders expressing their admiration and well-wishes for Buffett's retirement. However, they also have confidence in Abel to continue the success of the renowned investment company.
After an illustrious 60-year career as the leader of Berkshire Hathaway, Warren Buffett announced his retirement as CEO and announced Greg Abel as his successor at the annual shareholders' meeting. The move has been praised by top CEOs and investors, with Apple's Tim Cook calling it a privilege to know Buffett. Abel, who has been identified as Buffett's successor for years, is expected to maintain the culture of the company while taking it into the future. Buffett has also announced his decision to keep all his shares in Berkshire and has full confidence in Abel's leadership.
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The Maharashtra government has appointed Deven Bharti, a 1994-batch IPS officer, as the new Commissioner of Mumbai Police. Bharti has previously served at important postings in Mumbai, including as the Special Commissioner of Police. This decision comes after the retirement of former commissioner Vivek Phansalkar, with possible contenders including NIA chief Sadanand Date and Archana Tyagi. Bharti's appointment also marks the first time a woman has headed the Mumbai Police.
Justice Bhushan Gavai, a noted Supreme Court judge, has been recommended for the position of next Chief Justice of India by current CJI Sanjiv Khanna. Gavai is set to become the second Dalit to hold this prestigious position, after Justice KG Balakrishnan in 2007. With notable judgements such as the abrogation of Article 370 and being a native of Maharashtra, Gavai is poised to make a mark during his approximately six-month term as CJI before his retirement in November.
After leading the Indian cricket team to victory in the ICC Champions Trophy, Virat Kohli has announced his next big goal - winning the ODI World Cup in 2027. Amid speculation about his potential retirement, Kohli made it clear that he is not looking to slow down anytime soon. Meanwhile, other Indian players, including Rohit Sharma and Shreyas Iyer, are set to retain their A+ grade contracts.
Aditya Birla Sun Life Mutual Fund aims to promote the significance of starting a Systematic Investment Plan (SIP) through their new campaign Sabse Important Plan (SIP). The ad films showcase the dreams and ambitions of two individuals and highlight the importance of having a long-term investment plan to fulfill them. The campaign targets millennials looking for stable and reliable investment solutions for major life goals such as starting a business, traveling, or planning for retirement.
The Bombay High Court has granted pension benefits to former Additional Judge, Pushpa Ganediwala, who resigned before completing her tenure. This comes after the court observed that resignation is one of the modes of retirement and does not disqualify one from receiving pension. The decision was made after the petitioner approached the court when her claim for pension was denied by the High Court Registry. The court also noted that the Supreme Court has previously ruled that the right to pension is an essential part of the right to life.
Indian cricket team captain Rohit Sharma has brushed aside retirement rumors and stated that he is keeping his options open for his future in the sport after winning the Champions Trophy 2025. Meanwhile, former India cricketer Aakash Chopra has given his opinion on whether Sharma will be able to play in the ODI World Cup 2027 or not, stating that he and Virat Kohli will have to maintain a strict and disciplined fitness routine for the next two years if they want to play in the tournament.
Captain Suryakumar Yadav shares his praise for ODI and Test captain Rohit Sharma after India defeats New Zealand in a nail-biting final to win the Champions Trophy 2025. Rohit's instrumental 76 from 83 balls helped India maintain control over the required run rate. Despite a comeback attempt from the Kiwis, India's in-form middle order ensured a calm and collected victory. Amidst rumors of retirement, Rohit confidently states that he has no plans to retire from the 50-over format and is focused on continuing India's success in future tournaments.