Panning for Indian Gold

OUTSOURCING

If a firm built up a large offshore center to provide support for its global investment banking business only to discover that the place the firm most wants to do business in is the offshore country, what can be done about it?

Goldman Sachs' solution seems to be to turn the offshore center into a massive onshore presence.

The investment giant's Bangalore office, which includes software designers, transaction processing staff and, increasingly, highly skilled analysts who produce modeling and other

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