Cybersecurity professionals and security agencies are keeping a close eye on Indian cyberspace to look for any infiltration from malicious actors in the wake of the Pahalgam terrorist assault, which has increased geopolitical tensions between India and Pakistan.
Cybersecurity professionals and authorities are actively scanning cyberspace to identify any new cyberattacks, especially those that might be funded by threat actors connected to Pakistan, government officials told a news outlet.
According to the report, the surveillance will seek to promptly detect and lessen any potential threats from cybercriminals in the future. This comes after a person on the social media site X going by the handle “Pakistan Cyber Force” claimed to have obtained private data from the Manohar Parrikar Institute of Defence Studies and Analysis (IDSA) and the Indian Military Engineering Service.
Bigger Threat to India’s Security
According to the Pakistani account, 10 GB of 1,600 defence personnel’s personal information, including login credentials, was hacked. The names, addresses, cellphone numbers, departments, designations, and “MES No.” of the defence personnel were listed in an image that was attached to the message. Additionally, the group vandalised the website of the Defence Ministry’s PSU, Armoured Vehicle Nigam Limited (AVNL).
“Your armoured factory is now owned by Pakistan, courtesy of Pakistan Cyber Force,” the group said, posting images of the AVNL website where the image of an Indian tank has purportedly been replaced by a Pakistani “Al Khalid” tank and Pakistani flag.
According to reports, the government responded by taking down the AVNL website so that an audit could determine whether there was any harm. The website of Armoured Vehicle Nigam Ltd has been pulled offline for a comprehensive and intentional audit as a preventive step, officials told the news agency, to determine the degree of any potential damage caused by the defacement effort and to protect the website’s integrity.
They went on to say that “appropriate and necessary measures” are being taken to fortify digital defences, reinforce the security infrastructure, and prevent additional infiltration attempts.
No Official Confirmation for the Government
According to a media house, senior IDSA management staff “categorically denied” that the agency’s website had been compromised, even though the government has not publicly acknowledged the events.
However, the cyberattack might have exposed private data connected to Indian army officials. This comes almost two weeks after a horrific terror incident in Pahalgam, Jammu and Kashmir, on April 22.
Cyberattacks against Indian entrepreneurs and organisations are increasing, in addition to geopolitical concerns. According to a survey by security firm CloudSEK, 95 companies experienced data theft in 2024, making India the second most targeted country in the world for cyberattacks.
KorinMi, India’s first Korean skin clinic, has successfully raised INR 3 crore (approximately $355,000) in a pre-seed funding round led by marquee angel investors and CXOs such as Vikas Agarwal (ex-CEO, Kaya Skin Clinic, UAE) and Vivek Kumar (CEO, Venture Garage), along with other notable investors. The funding will power Korinmi’s strategic growth, advancing its technology, expanding outreach, boosting marketing, and innovating science-backed Korean skincare tailored for Indian consumers.
Founded in 2024 by Reshbha Munjal and Jenovia Daun Jung, KorinMi blends Korean skincare expertise, technology, and products with treatments customised specifically for Indian skin. The brand name, “Korin” (Korea + India) and “Mi” (beauty in Korean), reflects its mission of merging global beauty standards with localised solutions.
KorinMi is redefining skincare in India with a cutting-edge, technology-led approach that sets it apart from conventional clinics. At the heart of its expertise is advanced Korean 3D skin analysis technology, which assesses over 15 parameters across the epidermis and dermis to deliver highly personalised and effective treatments. Backed by Korean skincare experts and dermatologist-approved protocols, KorinMi offers a full spectrum of non-invasive and invasive solutions for all skin types and ages. From precision 1:1 treatments and access to the latest in Korean dermatology to professional-grade homecare products, KorinMi is a game-changer in science-backed, results-driven skincare.
“While K-beauty has a strong following in India, there was a notable absence of professional Korean skin clinics offering science-backed, dermatologist-approved treatments tailored to Indian skin, underscoring the need for clinically validated, expert-led Korean skincare solutions in India,” said Reshbha Munjal, Co-founder & CEO of KorinMi. “With KorinMi, we are bridging that gap through authentic professional Korean products, cutting-edge technology, and personalized solutions.”
“We’re offering a whole new category of professional skincare precision-driven, results-oriented, backed by Korean dermatological science,” said Jenovia Daun Jung, Co-founder and COO of KorinMi.
“After years in the beauty and skincare space, I’m convinced that professional K-beauty will play a pivotal role in shaping innovations in skincare in the coming times. KorinMi has entered this space with rare authenticity, sharp intelligence, and remarkable precision. What stood out most wasn’t just the strength of the concept, but the founders’ clarity and confidence in bringing a bold, distinct vision to life. KorinMi is not just a clinic; it’s the foundation of a category-defining brand. I am proud to back them at this early stage, especially given the founders’ deep operational and industry expertise, which has already delivered profitability within just six months,” said Vikas Agarwal, Investor, Advisor, Ex-CEO of Kaya Skin Clinic (Middle East).
Within just six months of launching its flagship clinic at Worldmark Sector-65, Gurugram, KorinMi has become operationally profitable, marking a strong start for the brand’s vision of making professional Korean skincare accessible to Indian consumers. With two successful clinics already in Delhi-NCR, KorinMi is now poised for national expansion, with plans to launch 25 locations across key metropolitan cities, including Delhi, Mumbai, Chennai, and Hyderabad, over the next three years.
As part of this next phase of growth, the brand is also entering the direct-to-consumer (D2C) segment with a curated line of authentic, professional-grade Korean homecare skincare products expertly formulated for Indian skin. With five powerful products already in its portfolio, KorinMi is building a trusted ecosystem that brings the best of Korean skincare science to consumers across India.
About KorinMi
KorinMi is India’s first Korean skin clinic offering personalised skincare solutions rooted in Korean beauty principles. With a focus on advanced technology and holistic care, KorinMi aims to revolutionise the skincare landscape in India, providing clients with the tools they need to achieve their skincare goals.
According to LiveLaw, the Delhi High Court on 5 May denied an interim injunction petition that the IPL team Royal Challengers Bangalore (RCB) had brought against Uber Moto over a purportedly offensive YouTube ad that featured Travis Head of Sunrisers Hyderabad (SRH).
RCB’s request for an interim injunction was denied by Justice Saurabh Banerjee, who stated that the disputed advertising did not call for any action at this time. According to the Delhi High Court, which Livelaw cited, the contested advertising is about a game of sportsmanship called cricket, which does not, in this court’s view, require any kind of intervention at this time.
The HC said that the plaintiff could run on water with guarantees that they wouldn’t fall because, in a situation like this one, the court’s intervention at this point would equate to falling. Consequently, the current application is denied.
Why RCB went to HC?
Travis Head, a cricket player of Sunrisers Hyderabad, appears in the Uber YouTube promo as part of the “Hyderabaddie” campaign. As a humorous jab at the rival IPL club Royal Challengers Bangalore (RCB), Head is seen in the advertisement changing a banner to say “Royally Challenged Bengaluru”.
The ad, which was meant to advertise Uber’s bike taxi service, caused controversy since RCB claimed it violated their trademark and denigrated their brand. RCB claimed that this action, together with the use of their trademarked slogan “Ee Sala Cup Namde”, denigrated and diluted their corporate identity. There are currently 2 million views for the 0.59-second video.
RCB’s Allegations
Given that Uber Moto is a commercial sponsor of SRH, a rival IPL club, RCB said that Uber’s advertisement amounted to commercial ridicule and brand dilution due to its illegal use and distortion of their trademark.
The franchise requested a temporary injunction to prevent Uber from showing the commercial. The complaint was dismissed as unfounded by Uber, which defended the advertisement as a form of commercial free speech and marketing.
The court ruled that the complainant had not established a prima facie case of trademark infringement or disparagement against the defendants.
According to the court, there is currently nothing in the advertising that might incite or inspire anyone in the general public, much less any RCB or SRH cricket players, fans, or watchers.
The court pointed out that there cannot be a one-sided impression or version of the contested advertisement, especially when what the plaintiff believes to be “right” may be “wrong” in the defendants’ eyes, and vice versa.
Since there are always two sides to a story, it is impossible to draw conclusions about the act or acts of disparagement based solely on the opinions, remarks, or statements of a small number of viewers or followers. In any case, that cannot serve as the standard by which the act of disparagement and/or infringement is judged.
According to a media outlet, Tata Consultancy Services (TCS) has cut top staff’ variable pay for the January–March quarter. The top software exporter in the nation has reduced variable pay for some employees for the third consecutive quarter.
As per a TCS employee cited in the paper, variable pay accounts for 15–25% of the CTC (cost to the company) for top personnel. For more than a year, the business has been deducting the QVA. Employees received roughly 20% of their variable payout in the most recent quarter.
Junior-level employees’ pay either has no variable component at all or the percentage and associated sum are very low. Senior employees’ variable pay was already reduced by the corporation for the quarters of July–September and October–December in 2024. Only 20–40% of their quarterly variable allowances (QVA) were then paid to certain employees.
Pay-out Based on the Attendance
Last year, TCS modified its variable pay policy to tie it to how frequently workers visit the office. Starting in April 2024, the new rule establishes varying compensation levels according to attendance.
Variable compensation will not be available to employees who visit the office less than 60% of the time. 50% of their variable pay will be paid to those whose attendance falls between 60% and 75%. 75% will be given to workers that show up between 75% and 85% of the time.
The rule then stated that full variable pay would only be paid to employees who attended work more than 85% of the time. TCS said last month that it would postpone staff pay increases that were supposed to start in April 2025 due to concerns about tariffs and the state of the world economy.
Milind Lakkad, Chief Human Resources Officer, stated during the business’s post-Q4 earnings news conference in Mumbai last month that the company will make a decision regarding wage raises during the year due to the unpredictable environment. Depending on the business, it could happen at any time.
Reason Behind the Decision
With a total workforce of about 6.8 lakh, TCS added 625 workers between January and March and 6,433 during the whole year beginning in April 2024. The company’s and the industry’s performance, particularly the first quarter’s decline brought on by the impact of tariffs that slowed anticipated business demand, is consistent with the lower QVA.
The IT powerhouse announced a lower-than-expected fourth quarter, with net profit dropping 1.68% year-over-year (YoY) and 1.26% sequentially to INR 12,224 crore. The quarter ended in March. At INR 64,479 crore, operating revenue increased 0.8% from quarter to quarter and 5.3% year over year.
A significant portion of corporate demand slowed in important industries like media, manufacturing, communications, life sciences & healthcare, and consumers.
Nawgati, India’s pioneering fuel-tech platform, has raised $2.5 million in its pre-series A funding round led by renowned stock market investor Ajay Upadhyaya, with participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and prominent angels including Sanjay Sharma (former MD, Accenture), Ashish Sharma and Prithvijit Roy (founders, BRIDGEi2i), and Vivek Mathur (former Partner & COO, Elevation Capital).
The funds will drive Nawgati’s ambitious global expansion and strengthen its regional presence across India. The company is also scaling its fleet offering, which is already live with Mahanagar Gas, to other major fuel companies, advancing its mission to deliver smarter, more connected solutions for fleet operators and fuel stations.
Vaibhav Kaushik, CEO and Co-founder of Nawgati said, “We are grateful to have the backing of such a distinguished group of investors who share our belief in transforming how fuel operations are managed and experienced. With this round, we are focused on deepening our presence in India and accelerating our entry into global markets. Our goal remains to deliver real, measurable value to both businesses and end users as we scale our partnerships and technology offerings.”
Founded with the vision of transforming the energy and mobility space, Nawgati has developed cutting-edge solutions that connect fuel stations, fleet operators, and consumers on a single platform, Aaveg. The platform enables better utilisation of fuel networks, streamlines refuelling operations, reduces wait times, and offers real-time visibility into fuel availability and fleet movement for the general public.
Additionally, it enables real-time oversight of critical station operations, allowing for better forecasting, smarter resource allocation, congestion management, powerful compliance enforcement, and strategic decision-making on the go.
Ajay Upadhyaya, the marquee stock investor who led this round for Nawgati, added, “Nawgati is solving a critical challenge in a space that touches millions every day but has seen little innovation. I am excited to support the team as they bring efficiency, transparency, and scalability to fuel and fleet management, not just in India but globally. Their vision and execution make them a standout in this sector.”
This pre-series A round builds on Nawgati’s earlier backing from notable investors, including Maharatna PSU GAIL, the Department of Science and Technology (DST), MeitY Startup Hub, Sharks on Shark Tank India, BITS Spark, BITS Pilani’s angel network, and Girnar Growth Ventures, signalling continued investor confidence in Nawgati’s innovation and growth.
About Nawgati
Nawgati is India’s first fuel-tech platform, providing technology-driven solutions to optimise fuel station operations, improve fleet management, and enhance the refuelling experience with India’s largest fuelling app. Collaborating with major fuel companies and fleet operators, Nawgati enables smart, seamless, and efficient refuelling across the country and beyond.
The massive Japanese bank Sumitomo Mitsui Banking Corp. (SMBC) is in advanced negotiations to purchase a sizeable portion of YES Bank. The State Bank of India (SBI), which owns 24% of YES Bank and has been looking for a long-term buyer since the bank’s turnaround since its bailout in 2020, is coordinating the deal.
After months of discussion, the talks are now nearing their conclusion. According to reports, SMBC’s top executives met with SBI representatives and other important parties in Mumbai last week to negotiate the terms.
The deal, if finalised, will surpass SMBC’s $2 billion acquisition of Fullerton India Credit (74.9%) in 2021 as the company’s largest investment in India. The Reserve Bank of India (RBI) has not yet received any applications from Sumitomo to purchase stock in YES Bank, according to a media source.
SMBC to Acquire Controlling Stakes
According to Indian regulatory standards, SMBC is anticipated to purchase a majority stake, maybe 51%, which would necessitate an open bid for up to 26% of the bank’s ownership. Subject to regulatory approvals, SMBC would gain effective control of YES Bank through the sale of a 51% interest. A media report claims that SBI and SMBC are adjusting the deal structure.
News is on the horizon, though, as the RBI has offered consolation. According to reports, SMBC was “verbally assured” by the Reserve Bank of India (RBI) that it would be permitted to keep the majority of YES Bank. However, the RBI’s current standards will continue to cap voting rights at 26%.
Nevertheless, Sumitomo does not currently have an application pending with the RBI to purchase stock in Yes Bank. Previous instances of such exceptions include DBS’s purchase of Lakshmi Vilas Bank and Fairfax’s acquisition of Catholic Syrian Bank.
If the purchase goes through, SMBC will become the bank’s biggest shareholder. Other institutional holders, including HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, LIC, Carlyle, and Advent International, may or may not leave, though.
Change in Operations
In October, Prashant Kumar, the bank’s CEO, will finish his tenure. SMBC will suggest applicants for the position to the central bank if the deal closes. In anticipation of the transaction, SMBC has already established India as a distinct operating zone.
The co-head of SMBC for Asia Pacific, Rajeev Kannan, will now be reporting directly to Tokyo. The goal is to eventually combine SMBC India with YES Bank, but that is still a long way off.
In FY25, YES Bank’s deposits reached INR 2.85 trillion, a 2.7-fold increase since March 2020. Future growth is anticipated to be driven by retail and SME loans. We would like to maintain the percentage of retail and SME at about 60%, Kumar stated on the most recent earnings call.
Howard “Howie” Graham Buffett, the middle child of business tycoon Warren Buffett, has managed to make a niche for himself in philanthropy, agriculture, and international development. Howie Buffett-a farmer, writer, conservationist, and philanthropist-circles the globe visiting with some critical solutions to the crises of food insecurity, conserving wildlife, and social inequality. He has given vision and leadership to the Howard G. Buffett Foundation as president to implement innovative programs in over 135 countries, shaping and changing the face of millions of lives.
Warren Buffett has named his son, Howard Buffett, as successor and non-executive chairman of Berkshire Hathaway’s $1 trillion empire on January 14, 2025.
In this StartupTalky article, we will explore Howard Buffet’s success story, including his early life, childhood, personal life, education, philanthropy, and more.
Howard “Howie” Buffett – Biography
Full Name
Howard Graham Buffett
Birthplace
Omaha, Nebraska, USA
Born
16 December, 1954
Nationality
American
Education
Augustana College, Illinois
Occupation
Philanthropist, Farmer, Author
Known For
Chairman and CEO of the Howard G. Buffett Foundation
Philanthropic Focus
Food Security, Conservation, Conflict Resolution
Spouse
Devon Goss
Children
Howard Warren Buffett (son)
Parents
Warren Buffett Susan Thompson
Relatives
Howard Buffett (grandfather) William Hertzog Thompson (grandfather) Susan Alice Buffett (sister) Peter Buffett (brother) Doris Buffett (aunt)
Howard Buffett was born in Omaha, Nebraska on 16th December 1954. He was named after Warren Buffett’s mentor Benjamin Graham. Howard or Howie grew up in a house where giving back to the community, humanity, and education were the pillars of the foundation. Being raised by the richest man in the world taught him humility and working hard.
Buffett continued with higher education at Augustana College in Illinois, where his interests gradually turned more toward agriculture and environmental science. His love for farming stems from being raised on the family farm in Decatur, Illinois. This helped cement his philanthropic activities in sustainable agriculture and food security.
Howard G. Buffett has had a remarkable career committed to solving some of the most critical problems facing the world through innovative and sustainable solutions. His contribution to agriculture, philanthropy, conservation, public service, and thought leadership has been telling most with very strong marks around the world.
Warren Buffett, billionaire investor and co-founder of Berkshire Hathaway, has chosen his middle child, Howard “Howie” Buffett, as his successor. The 70-year-old will become the non-executive chairman of the $1 trillion (approximately Rs 86.55 lakh crore) business empire.
Agricultural Expertise and Innovation
Agriculture has formed the backbone of Howard Buffett’s career. Being the operator of a 1,500-acre farm in Illinois and other farmlands in Nebraska and Arizona, he has been an outspoken advocate for sustainable farming practices that enhance soil health and optimize efficient water application. By introducing methods such as conservation tillage, crop rotation, and precision farming, Buffett proves that agriculture can indeed balance productivity with environmental stewardship. His international work focuses on empowering smallholder farmers in developing nations with access to modern tools, education, and technology, ensuring long-term food security in regions facing poverty and climate challenges.
Leadership of the Howard G. Buffett Foundation
As the chairman and CEO of the Howard G. Buffett Foundation, he has charged that organization with addressing a tangle of crucial global ills: food security, poverty, and degradation of the environment. Over $1 billion from his foundation has been invested in projects in hotspots that cut across 135 countries, such as Sudan and the Democratic Republic of Congo. These include rebuilding agricultural infrastructure, creating irrigation systems, and funding local cooperatives to create self-reliance and sustainable development.
Contributions to Conservation
Howard Buffett is a great campaigner for the protection of wildlife; most especially in Africa, where he has been able to finance so many anti-poaching units and protection programs against wildlife. His foundation supported the creation of protected reserves, the restoration of degraded lands, and coexistence with human communities. Through him, many of the endangered species such as elephants and rhinos have been protected while giving a means of livelihood to the local people in a very sustainable manner.
Public Service
Aside from philanthropy, Buffett is committed to community service. In 2017, Buffett was appointed Sheriff of Macon County, Illinois, where he instituted several programs to help reduce rural crime, drug addiction, and mental health problems. This kind of governance says a lot about the practicality of his leadership. Buffett has also advised policymakers on global food security and environmental sustainability, influencing policy decisions at both national and international levels.
Author and Thought Leader
Howard Buffett is an accomplished author whose works focus on food security, conservation, and social justice. He summarized the main theme of this philosophy in a bestselling book: that everybody has 40 chances throughout their life until old age probably hits them around their eightieth year. Buffett frequently writes and speaks to share practical strategies to solve many of the worst global problems with collaborative governments, NGOs, and private sectors.
Photography for Advocacy
Buffett is an accomplished photographer who has captured the realities of poverty, hunger, and environmental destruction through the lens. His powerful images have been featured in some leading publications like National Geographic and Smithsonian, raising awareness about humanitarian crises that require urgent attention. His photography forms another window through which to view his philanthropy, with visual storytelling providing a different take on many of the challenges faced by communities worldwide.
Key Partnerships and Collaborations
Buffett has forged strong partnerships with international organizations, governments, and private businesses to leverage the reach of his efforts. Partnerships with the United Nations have enabled programs on food security and rural development, while work with private companies has catalyzed innovation in agriculture and conservation technologies. These collaborations underline Buffett’s belief in collective efforts to address complex global issues.
Philanthropic Approach to Global Hunger
This is the work of Buffett in philanthropy: He looks at hunger as a solvable problem. Rather than having communities rely on handouts from the outside, Buffett’s focus has been to strengthen them towards self-sufficiency. His efforts have seen improved agricultural productivity and incomes because he gives training, resources, and access to markets to farmers. In post-conflict areas, Buffett has also played a vital role in reconstructing farming systems and re-instituting value for food supply chains. He also empowers women in agriculture by providing them with educational programs and opportunities for their betterment.
Advocacy for Bi-Partisan Agricultural Policy
Buffett has been a staunch advocate for policies that benefit small-scale farmers and promote environmental sustainability. He has helped shape U.S. agricultural policies on conservation programs and international food aid, continuing to push for equity and fair trade in global agricultural reforms. His advocacy reflects a long-term vision of a world where farming is both profitable and sustainable.
Warren Buffett, has announced he will retire as chief executive of Berkshire Hathaway at the end of the year, 2025, marking the end of an era in global finance.
At 94, Warren Buffett shared at the company’s annual meeting that he will hand over leadership to Vice Chairman Greg Abel, saying, “I think the time has arrived where Greg should become the chief executive of the company at year end.”
Howie Buffett, will become non-executive chairman.
Howard Buffett – Philanthropy and the Howard G. Buffett Foundation
The Howard G. Buffett Foundation, founded in 1999, is among the largest private charitable foundations in the world. It aims to work toward food security, conflict resolution, and conservation. As a sign of his commitment to the challenges of the world, he has personally pledged huge sums to the foundation.
Major Initiatives
Food Security: Buffett’s undertakings in agriculture seek the sustainable development of farming by local farmers in third-world countries; hence, similar projects were released in areas covering Sub-Saharan Africa, Latin America, and Asia, such as “diversified crops, drip irrigation, crop rotation, agroecology practices or education in adaptation-related behaviors.”
Conservation: Buffett is a committed conservationist who has striven to protect wildlife and its natural habitats. His foundation has participated in anti-poaching efforts in Africa and underwritten projects to save endangered species such as elephants, rhinos, and cheetahs.
Conflict Zones: The foundation has a unique focus on regions affected by conflict, such as Sudan, the Democratic Republic of Congo (DRC), and Colombia. Buffett’s approach involves integrating food security, infrastructure rebuilding, and conflict resolution to stabilize these areas.
United States Initiatives: Beyond international work, he has also dealt with poverty, addiction, and hunger issues in the United States, especially in rural and underserved communities.
Howard Buffett – Awards and Recognitions
Howard Buffett’s work in agriculture, conservation, and philanthropy over the years has garnered several awards and recognition, which include but are not limited to the following.
Order of the Aztec Eagle, 2011: The highest honor that Mexico bestows upon foreigners for their work, so valuable in contribution to agriculture and rural development in the country.
Order of Colombian Civil Merit, 2017: He was awarded by the Government for his contribution to the agricultural development of building peace in Colombia, most especially in the areas of post-conflict.
Laureate of the World Food Prize in 2020: Buffett received this for his leading contribution to the assurance of world food through the promotion of sustainable agriculture.
Partners in Conservation Award from the U.S. Department of Interior: For contribution to wildlife conservation and anti-poaching in Africa.
National Geographic Society Recognition: Honored for documenting and raising awareness of humanitarian and environmental issues through photography.
UN Global Humanitarian Award: Honored for impact on poverty reduction, food security, and work in environmental sustainability.
Midwest Conservation Leadership Award: Because he promoted conservation tillage and sustainable farming practices in the United States.
Wealth and Philanthropy: Despite being Warren Buffett’s son, Howard has made a name for himself as a staunchly independent philanthropist. His foundation’s endowment tops $3 billion, much of it his own money.
Global Reach: The Howard G. Buffett Foundation operates in over 135 countries, implementing projects that benefit millions of people annually.
Photography and Advocacy: His photographs, on subjects ranging from famine and war to wildlife conservation, have appeared in National Geographic and Smithsonian, among international exhibitions.
Forty Chances: Forty Chances” represents the number of farming seasons one has in his lifetime. This name motivates Buffett’s philosophy of maximizing every limited opportunity to affect change.
Support for Women Farmers: Buffett recognized the crucial role that women played in agriculture and initiated programs to train, give credit, and provide market opportunities to female farmers in Africa and Asia.
Innovator in Farming: On his Illinois farm, Buffett has introduced advanced irrigation technologies and conservation methods that serve as models for smallholder farmers worldwide.
Passion for Wildlife: Buffett’s conservation efforts have helped protect endangered species like elephants, rhinos, and cheetahs through anti-poaching initiatives and habitat preservation.
Political Involvement: Buffett has supported bipartisan agricultural policies and served on advisory committees to shape U.S. food security and conservation strategies.
Community Development: In rural America, Buffett has invested in addiction recovery programs, mental health services, and local infrastructure improvements.
Howard Buffett – Personal Life
Warren Buffett (left), Howard G. Buffett (center) and grandson Howard W. Buffett
Howard Buffett maintains a relatively low-profile personal life compared to his philanthropic achievements. Buffett is married to Devon Goss, who is very involved with the Howard G. Buffett Foundation. They are based in Decatur, Illinois, where they run their farms and foundation work.
Buffett enjoys photography, writing, and travel. His photography has captured the faces of war zones, wild lands, and inner-city ghettos, carrying storytellers who work to inspire action. But despite his global impact, Buffett has deep roots in farming. He sees farming as part of the solution to some of humanity’s most serious problems, such as hunger and climate change. He counts his father, Warren Buffett, as the guiding influence in his life. Yet, his brand of philanthropy and problem-solving carries its own stamp, marrying hard-nosed realism to a far-reaching vision.
Howard Buffett – Legacy and Vision
Howard Buffett’s vision extends over his lifetime to build systems and practices that can carry change for many, many years into the future. He empowers people and communities with education, resources, and self-sufficiency. Bridging gaps between agriculture, conservation, and conflict resolution, Buffett’s legacy is a mirror image of his deep commitment to making the world fairer and more sustainable.
Howard Graham Buffett, the middle child of billionaire Warren Buffett, is an American businessman, former politician, philanthropist, photographer, farmer, and conservationist.
What is Howard Graham Buffett net worth?
Howard Howei Buffett net worth is $168.2 billion as of May 2025.
What is Howard Buffett known for?
Howard Buffett is known as a businessman, philanthropist, farmer, conservationist, and the middle child of Warren Buffett.
A landmark $53.5 million contract with GE Vernova’s steam power services division has been secured by Azad Engineering. This deal, which stretches over six years, calls for the supply of highly engineered rotating and stationary airfoils used in nuclear, industrial, and thermal power applications. Azad Engineering is largely unfamiliar to the average U.S. citizen because it serves a largely overseas clientele, but its new deal with GE Vernova is a good indication of the trustworthiness of its product line.
As per Rakesh Chopdar, the Chairman and CEO of Azad Engineering, the latest contract showcases the company’s consistent performance and engineering brilliance over the years. Not only has the company weathered strict qualification processes, but it has also achieved precision tolerances at the micron level that most couldn’t even dream of, thereby solidifying its place in the high-stakes world of elite manufacturing.
Dedicated Facility Signals Long-Term Commitment
The most recent contract was won following the opening of a 7,600-square-meter lean manufacturing plant built for GE Vernova at Tunikibollaram on the outskirts of Hyderabad. The plant was designed with efficiency and scalability in mind, aligning with GE Vernova standards for advanced turbine systems.
Azad Engineering clearly shows it has a customer-centric approach to the way it does business. By investing in infrastructure designed specifically for a key client, the company demonstrates it can meet future demand and doesn’t hesitate to grow its production capacity. This facility doubles as a playoff pavilion and a showcase for the manner in which the company designs, tests, and fabricates components for power-generation applications demanding a high level of performance.
Precision Engineering for the Global Power Sector
Among the most complex components used in turbine systems are the airfoils Azad will manufacture. The role of these components is pivotal in enhancing the efficiency and reliability of power plants. Their production, a true test of engineering capability, demands exceptional precision and consistency.
Chopdar stressed that the contract is not merely a commercial victory but also a warm nod to the company’s relentless investment in talent and technology. The project will utilize Azad’s burgeoning capabilities in advanced manufacturing to deliver performance-critical parts to power producers worldwide. This contract is also a strong sign that Indian precision manufacturers are increasingly being recognized as major players in the high-tech engineering arena.
Future Outlook and Global Supply Chain Integration
As global power generation industries move toward advanced and sustainable technologies, suppliers like Azad Engineering are expected to play increasingly important roles. A new contract with GE Vernova positions the company within a global supply chain, contributing to the infrastructure that powers homes, businesses, and entire economies.
Now extending into one of the most demanding engineering sectors, nuclear energy, Azad appears set for further expansion abroad. Operations in a sector so heavily regulated and so picky about quality, not to mention quantity and timeliness, point to engineering capabilities that got the firm this far, with a contract that stretches over six years and promises long-term stability.
The Indian government has indicated it will thoroughly scrutinize the Supreme Court’s recent decision to nullify the INR 19,350 crore resolution plan for Bhushan Power & Steel Ltd (BPSL) that was submitted by JSW Steel. Department of Financial Services (DFS) Secretary M. Nagaraju said in Mumbai that talks have been held with the concerned lenders and legal advisers, and that the matter is under active consideration. A final decision, involving possible legal remedies, will be made soon.
This development follows the court’s order on Friday that pointed to significant delays in working out the resolution plan and in JSW’s failure to meet upfront payment obligations, in all respects, it seemed, to get the company rehabilitated within the stipulated timeline. In other instances where the NCLT has intervened, it has recommended working out differences between creditors and debtors rather than completely rewiring a resolution scheme that had already been approved.
Major State Lenders Impacted by Reversal
The directive from the Supreme Court has immediate and significant financial ramifications for major state-run banks such as the State Bank of India (SBI) and Punjab National Bank (PNB), both of which were leading creditors to BPSL. According to the directive, financial creditors must return to BPSL sums of money that they received from JSW Steel, including any payments that might have been made in the form of post-resolution equity.
JSW Steel and the creditor banks can challenge the apex court’s judgment by filing a review petition. But legal experts say the usual scenario of reversing an order that had earlier set a resolution plan in motion was not expected. Indeed, in this case, the apex court did not just stay the order earlier passed by the NCLAT but set it aside as well.
Legal Uncertainty May Deter Future Bidders
The order of liquidation, coming close to four years after the corporate insolvency resolution process was completed, has drawn a good bit of criticism from both legal and financial observers. They say that delay after the appearance of a promise of a time-bound and efficient resolution framework injects ambiguity into what is supposed to be a clear, efficient, and fast resolution to a corporate insolvency. That, they say, could make future resolution applicants more hesitant to make aggressive bids for distressed assets through insolvency courts.
Nagaraju recognized that several legal avenues are still open and told stakeholders to expect a carefully calculated strategy to be unveiled as soon as internal consultations are wrapped up. For now, though, the decision has intensified the conversation about how consistent our judges can be and how safe we should feel in the IBC regime.
Concerns Over Future of Debt Recovery Through IBC
Since the Insolvency and Bankruptcy Code was instituted in December 2016, banks have managed to recover better than 31 percent of admitted claims. More often than not, they have realized over 160 percent of the liquidation value. They would have realized even more had the JSW-BPSL case not threatened to disrupt this trend.
Experts caution that unless corrective measures are put in place, creditor confidence in the IBC process could decrease, which might lead to fewer aggressive resolution efforts. If the attention keeps coming, the flow of capital and interest in reviving financially stressed firms through well-structured processes might also decrease, reversing the substantial progress made in India’s insolvency framework.
Warren Buffett, often seen as the world’s greatest investor, will retire from his role as chief executive officer at Berkshire Hathaway after 2025. He will, however, remain with the company in a role that Buffett himself described as “last man standing”, chairman of the board. While this is the end of an era of leadership that spanned more than 50 years, it is a transition that many insiders believe has been well-planned and one that lapses into talk of continuity as opposed to any sense of upheaval.
This decision comes after a weekend board vote started by Buffett himself. The resolution allows for Greg Abel, current vice-chairman of the conglomerate, to take over as CEO on January 1, 2026. Abel, 62, had been identified as Buffett’s successor since 2021 and has been more visible in company operations over the last few years.
Buffett’s Legacy of Long-Term Value
In Buffett’s watch, Berkshire Hathaway flipped from a floundering textile manufacturer into a USD 1 trillion conglomerate, a rarity for a non-tech American company. His disciplined, long-haul investment philosophy, focused on financially fit businesses that churn out reliably predictable earnings, allowed him to amass one of the world’s largest fortunes.
Today, a varied assortment of well-known brands forms the portfolio of Berkshire Hathaway. Among these brands are Duracell and Geico. Also included in the portfolio are substantial investments in such companies as Coca-Cola, American Express, and Bank of America. The investment strategy employed by Buffett and Charlie Munger, Vice chairman of Berkshire Hathaway, is simple and straightforward. They buy companies that they understand well, and they hold on to them.
Board Endorses Greg Abel as Next CEO
The board’s unanimous vote to appoint Greg Abel as the next CEO is a very strong endorsement of the transition plan. Abel is currently overseeing Berkshire’s non-insurance operations, which consist of the company’s energy and transportation businesses. His operational leadership, along with his understanding of how to manage in the Berkshire system, make him the choice most everyone at Berkshire seems to be comfortable with. Abel has been rumored to be the heir apparent to Buffett for some time now. While he is a natural to take over the job, it isn’t necessarily a slam dunk.
The time was right, said Buffett, for Abel to become top exec. It was a boost for succession planning, something that is often part of Berkshire’s low-key but steady leadership ethos. Investment decisions made in the near future, like the one being monitored now, are part of that ethos. And unless they are made under some pretty extreme or unusual conditions, they are made with the long term in mind.
Even with the well-thought-out transition plan, Berkshire Hathaway stock fell about 3.2 percent in pre-market trading after the announcement. Investors seem to be handling two kinds of issues: the first is the emotional and symbolic act of Buffett giving up control over the daily affairs of the company; the second, which is mostly tied to that first issue, is a kind of value judgment over exactly how competent Abel is, now and in the future, to manage a company of this size and complexity. Buffett’s ongoing leadership as board chair likely reassures anxious investors that all is well in the company’s C-suite.
