Convergys

Goldman Sachs' reputation for hard-nosed efficiency faces a test in the chaos of Indian building standards, according to architects hired by the Wall Street bank.Construction is due to start soon on a Bangalore campus for some 4,000 back-office Goldman Sachs staff, but a report by Toronto-based architect Adamson Associates seen by Reuters said the project faces a string of obstacles including shoddy construction, corruption, poor sanitation and an on-site tomb."India's industry standards of construction quality for commercial office space have not yet reached international standards, much less GS standards," the report said.It recommended developers "provide extra margins of tolerance (ie a 'sloppy fit')" and "not design anything that requires total precision" for the 22-acre site, which is close to a busy stretch of Bangalore's six-lane outer ring road.Goldman Sachs and Adamson Associates declined to comment. The bank's reaction to Adamson's recommendations is not clear.The report giv...

Read More ›