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Author:Spiro, L.
Title:Global Gamble
Journal:Business Week
1996 : FEB 12, VOL. 3446:776, p. 34-40
Index terms:ECONOMICS
THIRD WORLD
INVESTMENT
Language:eng
Abstract:The 90-year-old landmark building is anything but prepossessing -- here in the Fort section of Bombay. The elevator is broken, forcing visitors to walk up the dilapidated stairs. But on the fourth floor is a modern office, with its own power and telecommunications lines and Indian employees working at computers. Welcome to fortress Morgan Stanley, a key beachhead on the subcontinent for the prestigious investment bank. Since 1992, Morgan Stanley Group has invested $25 million and recruited 62 employees, with plans to expand to 150 by 1998.
SCIMA record nr: 152231
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