After 80 years in business, the Shreveport, Lousiana-based accounting firm Heard, McElroy & Vestal, LLC has gone multinational with an office in Ahmedabad, India. The Indian office, which opened Aug. 3, will join the growing company's roughly 170 employees in Shreveport, Monroe and Longview. Ahmedabad is the largest city in the western...
India Emerges as a Global Hub for GCCs: BlackRock to Hire 1,200 for AI Expansion
India is rapidly evolving into a global hub for Global Capability Centers (GCCs), which provide critical business services ranging from engineering to legal expertise for multinational corporations. According to a report by Ernst & Young, India is projected to become a $110 billion market for GCCs by 2030, with more...
India Sees Record Private Investment in Q3 2017
A report by Ernst & Young says that private equity/venture capital investments in India touched a record high of $8.7 billion in the July-September quarter, a sharp increase over last year's $3.1 billion for the same period. E-commerce recorded $2.6 billion across 18 deals primarily driven by Softbank's $2.5 billion...