As a result of the Apple sale, Berkshire Hathaway’s cash and cash equivalents surged by $88 billion, reaching a record high of $277 billion in Quarter 2 this year.

The scale of the sell-off has taken financial pundits by surprise; was it because of the high capital gain tax in the US?

PepsiCo sees massive growth potential in India and aims to scale up its operation to meet the demand for cola and snacks from a growing consumerist young population.