Control Solutions Launches Consulting Practice in India.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Control Solutions International announces that it has formally launched its consulting practice in India by opening an office in New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. . Control Solutions is a leading independent internal audit, compliance, risk management and technology firm that provides a wide range of advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , comprehensive solutions and innovative products globally. Leading Control Solutions' new India operations is Akshay Bhalla, Partner. Mr. Bhalla has over 13 years of experience in internal audit, risk-based assurance services Assurance services have been defined by the American Institute of Certified Public Accountants (AICPA) as 'Independent Professional Services that improve information quality or its context'. , statutory audit, tax advisory services, valuations and other corporate finance related services. He has experience working in Asia as well as North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. As Partner, Mr. Bhalla directs Control Solutions' growth strategy in the Indian market and is responsible for managing and growing the portfolio of clients and ensuring successful client service delivery. He is also responsible for recruitment and training of exceptional talent to be deployed on international engagements. "Control Solutions' launch in India could not have come at a better time," said Simon Dealy, Managing Partner. "A high degree of synergy exists between the economic growth in India, the needs of our clients and the continued globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of our services. We now have an increased ability to serve multinational clients as well as support the needs of existing and new clients in India." With GDP GDP (guanosine diphosphate): see guanine. close to $900 billion and growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. exceeding 8.5 percent, India is making a huge impact on the world economy. India is the fastest-growing free market democracy and is forecasted to become one of the three top economies (along with the United States and China) over the next two decades. This market has attracted corporations from all over the world to set up shop in India, in addition to offshoring
Offshoring describes the relocation of business processes from one country to another. their IT and back office needs. Indian companies have also gone global, as reflected by the recent high-profile acquisitions made by companies such as TATA and Reliance. As in other parts of the world, the heightened focus and legislative activity around corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and transparency is pushing companies to report their risks and mitigating controls and establish accountability through self-certification by key management personnel. "The internal audit, corporate governance and risk consulting environment in India has matured over the last few years," said Akshay Bhalla. "In addition to the push for risk-based audits across all industries, the telecom, healthcare, insurance and banking sectors have particular regulatory compliance needs. Control Solutions will bring to India a wealth of global industry experience and knowledge that will add tremendous value to our clients here. The firm's risk management and technology services are particularly suited to helping companies ensure compliance with Clause 49 of the Listing Agreement." About Control Solutions Control Solutions is a leading independent internal audit, compliance, risk management and technology firm that provides a wide range of advisory services, comprehensive solutions and innovative products globally. For more than 15 years, Control Solutions has been the trusted advisor to over 500 public, private, nonprofit and government clients. Our experienced professionals reflect our distinctive culture, placing the interests of our clients first and emphasizing integrity, commitment to quality, innovation and teamwork. For more information, visit www.controlsolutions.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion