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Bangalore, India (AFP) Jun 07, 2005 US investment bank Goldman Sachs announced Wednesday it was recruiting an additional 700 people with expertise in finance, management and technology in India to take the headcount to 1,200 by next year. Goldman Sachs' chief administrative officer Edward Forst said the Global Services Centre based in the technology hub of Bangalore which began operations last year had expanded its portfolio to include treasury, equity and asset management. Frost told reporters that the Indian centre offered a cost advantage of about 50 percent compared to other such centres in the United States and Europe. Bangalore, the high-tech capital of India, is home to more than 1,500 domestic and foreign technology firms. Community Email This Article Comment On This Article Related Links SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express Dirt, rocks and all the stuff we stand on firmly
![]() ![]() Using the ESA Cluster spacecraft and the NASA Wind and ACE satellites, a team of American and European scientists have discovered the largest jets of particles created between the Earth and the Sun by magnetic reconnection. This result makes the cover of this week's issue of Nature. |
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