In 2012, when we had just about set-up our insurance broking business, I received an email from a Chandigarh-based exporter. “Do you know what comprehensive general liability insurance is?” he asked. His American client was insisting on this as a precondition to doing business. The local branches of insurers, banks and sales persons had told him that this was a western concept not available in India. Last week, 5 years later, I had a feeling of déjà vu when another, larger Delhi-based exporter, called with exactly the same question.
Mid-cap Indian IT companies expected to outperform large-cap firms in FY25
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