BlackRock (BLK) plans to hire about 1,200 people to build its AI teams in India and will inherit around 500 staff in Bengaluru through its proposed Preqin acquisition, Bloomberg’s Preeti Singh reports. The new hires will bolster headcount in this area by about a third, adding to the roughly 3,500 staff in the Gurugram and Mumbai offices, according to people familiar with the matter.
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