Berkshire Hathaway’s $32.6 billion buyout of Precision Castparts Corp. represents the Warren Buffett conglomerate’s largest-ever takeover. But it also “exemplifies Buffett’s determination to find cheap and out-of-favor companies with a history of strong earnings and high barriers to competition,” reports the Omaha World-Herald, paraphrasing Smith School professor David Kass.
An author from the University of Maryland’s Robert H. Smith School of Business was showcased recently at the Taj Mahal Palace Hotel in Mumbai for his book on Tata Group’s iconic transformation. The event for invited reporters included Tata Group senior executives.
Professor Debra Shapiro from the University of Maryland’s Robert H. Smith School of Business started a one-year term as president of the Academy of Management during the professional association’s annual meeting Aug. 7-11, 2015, in Vancouver, British Columbia, Canada.
In this edition, Tommy Malone, MBA Candidate 2016, tells us about working as a summer financial management associate at Citi in New York City.
Because of its broad holdings and massive scale, the Tata Group is sometimes called “the GE of India.” But in terms of growth, if not sheer size, Tata outsmarts its American cousin. Tata’s revenue has multiplied 10-fold since 2002, far outpacing GE. Smith School professor Sunil Mithas draws lessons from Tata's rise in his new book, "Making the Elephant Dance."