Companies

Warren Buffett and Nestle's Bulcke to come calling this week

Our Bureau New Delhi | Updated on March 21, 2011 Published on March 20, 2011

Mr Warren Buffett

Mr Paul Bulcke

Before the heat in Delhi gets unbearable, top management of global conglomerates seem to be making a dash here.

Last week, General Electric's Chairman and CEO, Mr Jeffrey Immelt, was here talking business.

This week, it is Nestle SA's Chief Executive Officer, Mr Paul Bulcke, visiting the country.

According to sources, he would be reviewing the company's India operations and may also pay a courtesy call to the Prime Minister.

Billionaire investor and philanthropist Mr Warren Buffett, too, is expected here on a three-day visit.

According to industry information, Mr Buffett will kick off his India trip from Bangalore, where he will pay a visit to toolmaker TaeguTec India, whose parent is controlled by his company, Berkshire Hathaway. Though Mr Buffett's itinerary is being kept under wraps, he is likely to meet the Prime Minister and break bread with Parliamentarians while in the Capital.

On March 25 in New Delhi, berkshireins ur- ance.com is organising an event that will see Mr Buffett fielding questions from policy holders of Bajaj Allianz General Insurance.

The exercise ‘Wit Wisdom Warren' is open on a first-come-first-served basis to those keen on hearing the Sage of Omaha on the art of wealth creation.

The catch? Buy a policy from the company's online distribution website and get to hear the billionaire as bonus.

Earlier this month, Berkshire marked its entry into the domestic insurance sector as the corporate agent for Bajaj Allianz.

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Published on March 20, 2011
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