![]() Financial Daily from THE HINDU group of publications Friday, Nov 04, 2005 |
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Corporate
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Alliances & Joint Ventures KPMG joint venture for sourcing Indian experts Our Bureau
New Delhi , Nov. 3 KPMG India has entered into a joint venture with KPMG International to deploy skilled professionals from India in a front-end role to support global accounts. KPMG India has invested as a 50 per cent stakeholder in this joint venture. The new entity, registered as KPMG Resource Centre Private Ltd (KRCPL), will provide a mechanism to bring together experienced Indian advisors to work with KPMG's global clients as a part of an integrated delivery model for KPMG International. According to a press release, KRCPL has 150 people working on its various international assignments in the field of information risk management (IRM). KRCPL is also slated to act as a platform for Indian advisors not only in the field of IRM, but also in other risk and business advisory functions. In an official release, Mr Ian Gomes, Country Managing Director, KPMG India, said, "This step recognises and positions India firmly vis-à-vis rest of the world and establishes the Indian firm as a critical partner for providing high-value execution skills in a globally competitive business environment."
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