Financial Daily from THE HINDU group of publications
Thursday, Dec 11, 2003
Financial Daily from THE HINDU group of publications Thursday, Dec 11, 2003 |
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Opinion
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Letters Insurance capital
This is with reference to "AP hopes to be `insurance capital'" (Business Line, December 9). The Andhra Pradesh Chief Minister's persuasive skills are so good that the Centre forgets the oft-repeated promises of its ministers and leaders to make Mumbai the international financial capital. Ditto when the moment came for locating the headquarters of the insurance regulator; it was offered to Hyderabad. The AP Chief Minister has asked insurance companies to locate their back office operations in Hyderabad. One wishes he will also call upon at least a few new entrants to the insurance industry to locate their headquarters at Hyderabad for this is a better index to measure the spread of the financial services industry.
S. Subramanyan Letters to the editor and contributions can be sent by e-mail to:bleditor@thehindu.co.in
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