Cloud over Buffett’s India visit

Bangalore: Warren Buffett’s maiden trip to India has run into uncertainty following the tragedy in Japan. Buffett, chairman and CEO of Berkshire Hathaway and the third richest man in the world, was scheduled to be here between March 23 and 25 after stopovers in Korea and Japan.

Several media reports have said that Buffett has cancelled the Japan leg of his trip. That has led to speculation that the entire trip may have been cancelled. Some officials involved in organizing events during his visit to India said there was uncertainty. The officials did not want to be named.

Kara Raiguel, director of Berkshire India, said the company was not aware of Buffett cancelling his trip to Japan. "We are pleased that Buffett is coming to India for the first time and he is able to interact with the customers of Berkshireinsurance.com," she said.