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Strategies & Market Trends : India Coffee House

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To: JPR who wrote (8634)	10/19/1999 10:56:00 PM
From: sea_biscuit	Read Replies (2) of 12475

Insurance sector to be thrown open to foreign companies? expressindia.com Gee, this should get the saffron/khakhi lobby all worked up! If Vajpayee has any guts, he will get this done. Otherwise, he will simply wear his khakhi knickers, salute his RSS bosses and push this one to the back-burner. Excerpt : "NEW DELHI, OCT 19: Chances are the Union Cabinet will clear the Insurance Regulatory Authority (IRA) bill on Wednesday, as will Parliament during the winter session. That is music to the ears of Frank Wisner, the former US ambassador to India and vice-chairman of the US financial and insurance services firm AIG, who's just flown in as a senior representative of the US India Business Council (USIBC). According to an ecstatic Wisner that, however, is just the beginning."

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