Reuters Bangalored…

“Latest from US financial market direct from Bangalore” a crazy headline isn’t it?

But so true, “In an office in central Bangalore, dozens of employees are arriving to work on the night shift. They are journalists employed by the world’s biggest news agency, Reuters. Their job is to cover US financial news. And they are working overnight so that they can report company news live as it happens on the New York Stock Exchange – from India.” Reports BBC.

Being Bangalored is the cost effective phenomenon to manage today’s business in US, Reuters journalists in Bangalore now access the same basic information – in the same time frame – as their colleagues in New York, thus the news written in Bangalore can be sent around the world as quickly as the news written in New York – the key importance factor for a wire service, this indeed talks about the data transmission capability of Bangalore and further confirms ‘Outsourcing, Outreaching or Off-shoring is here to stay!!”….

1 Comment so far

  1. R.A. Levin (unregistered) on February 6th, 2007 @ 3:46 pm

    Yes, but still little news ever shows up on the American financial television programmes about the NIFTY or SENSEX. I have to turn to Doordarshan’s internet broadcasts to see how Wipro, Ranbaxy and Satyam stock is doing :(

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