Friday, April 13, 2007

Read more on it

India’s Edge Goes Beyond Outsourcing - New York Times

Our analysts will cover equities on their own,” said an advertisement posted on an Indian career site last year by Thomas Weisel Partners, an American investment bank. “They do not report to another analyst in the U.S. They will do their own research, come up with their own opinions on the stock and offer them directly to U.S. institutional investors. Simply put, we are not a back office in India.”