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Tag: Global Capability Centers India

India is rapidly developing as a global hub for services exports, says NSE
Stock Market

India is rapidly developing as a global hub for services exports, says NSE

India is fast emerging as a global hub for services exports, with a compound annual growth rate of 14.8 percent surpassing goods exports, which grew at 9.8 percent, NSE officials said. The National Stock Exchange (NSE) highlights the robust growth in the services sector, structural reforms and demographic advantages that are driving the country’s economic […]

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Citigroup moves 1,000 technical jobs to India After cutting China, increases the presence of GCC
Personal Finance

Citigroup moves 1,000 technical jobs to India After cutting China, increases the presence of GCC

India, where Citigroup employs around 33,000 employees in cities such as Bangalore, Chennai, Pune and Mumbai, has emerged as an important hub for global banks. | Photocredit: Andrew Kelly Citigroup Inc. Has moved nearly 1,000 technical jobs to India’s business support centers after cuts on his workforce in China, according to people who are familiar […]

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ICAI starts with the assessment of Indusind Bank, Gensol Accounts, says that audits round can take six months; Disciplinary measures that must follow if expired are found – Times of India
International

ICAI starts with the assessment of Indusind Bank, Gensol Accounts, says that audits round can take six months; Disciplinary measures that must follow if expired are found – Times of India

The Institute of Chartered Accountants of India (ICAI) started revising the financial statements of Indusind Bank and Gensol Engineering and expects the process to take at least six months before an action is taken against auditors for alleged expires.Icai President Charanjot Singh Nanda said the assessment is handled by the Financial Reporting Review Board (FRRB), […]

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