Morningstar just expanded into India. Business Standard's Gautam Chakravorthy reports that the Chicago-based fund ratings specialists have already hired half a dozen people in the country, including MutualFundsIndia.com founder Aditya Agarwal as managing director.

Morningstar already has offices in China, Hong Kong, Malaysia, Singapore and Taiwan.

Separately, Morningstar took over a data collection center in New Dehli, India last year through its acquisition of Hemscott from Ipreo Holdings (see MFWire, 1/10/2008). 

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