GE’s exit from the Dow Jones Industrial Average (DJIA) and the media commentary that followed harped on one fact: The exit of one of the original constituents of the Index heralded the passing of an era. But the exit was not so much about that, but the result of the problems of one company, which had clearly grown too large and unwieldy.
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(This story appears in the 20 July, 2018 issue of Forbes India. To visit our Archives, click here.)