THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Monday, December 18, 2000
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Letters

Insurance
Unfavourable move
The proposed body to coordinate four GIC subsidiaries (GIPSA) militates against the competition argument on which the decision was founded. Tracing cultural differences between the companies after 29 years of functioning under State ownershi p, is like distinguishing tweedledum from tweedledee. We are also going against global consolidation trends.

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