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Capital IQ plans further investment

HYDERABAD: Capital IQ Inc., which has invested $7 million so far in its Indian operations, plans to invest another $3 million to ramp up Hyderabad operations from 700 professionals to nearly 1,000 this year, according to Steven B. Turner, Managing Principal, Capital IQ Inc., and Y. Madan Mohan Rao, Executive Director of Indian operations. The company has 125 people in Gurgaon, and an equal number in the U.S. It opened a 40,000 sq. ft. second facility in Hyderabad on Thursday.

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