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April 27, 2007

For Many Big Banks, Investing in India is no longer optional

Foreign investment banks and brokerage firms are jostling for office space and bidding for employees.

“The mood is very bullish,” said K. Balakrishnan, a managing director and India chief executive at Lazard.

With economic growth running at an annual pace of more than 8 percent, the attraction of investing in India is obvious. Read more.

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