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View Full Version : Berkshire India JV's insurance policy sales plunge as Warren Buffett magic wanes



IndiaInsurance
28th June 2011, 02:38 AM
Warren Buffett's magic in selling insurance policies for its Indian unit has waned as sales plunged to less than a tenth from the month of launch when buyers were promised an opportunity to meet the legendary investor. Most customers, including well-known brokers and fund managers, had queued up on the launch day in end-March to listen to Buffett whose maiden visit to India was primarily aimed at promoting the company.

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