![]() Financial Daily from THE HINDU group of publications Friday, Oct 07, 2005 |
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Corporate
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Announcements Control Risks sets up India operations Our Bureau
Mr Richard Fenning (left), CEO, Control Risks, and Mr Jake Stratton, Country Representative (India), at a press conference in Mumbai on Thursday. - Shashi Ashiwal
Mumbai , Oct. 6 THE London-based consultancy company Control Risks launched its India operations here on Thursday. The company is said to be working with over 5,000 companies including 86 of the "Fortune 100" companies. "We bring with us more than three decades of experience helping our clients take risks with certainty and precision," said Mr Richard Fenning, CEO of the company. "It has become imperative for organisations and the business community at large to fully understand the complex or hostile environments they are operating in, and to have appropriate risk mitigation strategies in place," he said at a press conference today. Its Country Representative, Mr Jake Stratton, will head the Indian operations. Keynote Corporate Services Ltd is the Indian partner of the company. Control Risks, which was founded in 1975, provides services in the form of confidential investigations, security consultancy, crisis management and response and political and security risk analysis. "Indian companies are showing interest in our services and we have already started advising top corporates," said Mr Stratton. "What is interesting is that the Government is also outsourcing works." The company recorded a turnover of over £100 million last year.
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