Warren Buffett says Berkshire will hold Japanese stakes ‘forever’

Warren Buffett, CEO of Berkshire Hathaway Inc | Photo Credit: Rick Wilking/Reuters Warren Buffett on Saturday gave a full-throated endorsement to the five Japanese trading houses in which his conglomerate Berkshire Hathaway has invested. Buffett spoke at Berkshire’s annual shareholder meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stakes in Itochu,…

Man duped of ₹1.9 lakh in credit card scam

A 47-year-old private sector employee from Hyderabad was duped of nearly ₹1.9 lakh by a fraudster posing as HDFC Bank customer care representative. According to the complaint filed by the victim, he recently submitted a request to the HDFC Bank to increase his credit card limit. Shortly thereafter, he received a WhatsApp call from a…