Mumbai: Bangalore has emerged as one of the best places to do business in the world, joining the league of cities like London, Shanghai and Singapore, a latest study says.

Bangalore, known as the world''s back office, is among the 12 cities named in the ''Best places to do business in the wired world'' list recently compiled by Business 2.0, a magazine published by global media giant CNN-Time Warner Group.

Other cities which find a place on the list are Tokyo, Hong Kong, Barcelona (Spain), Helsinki (Finland), Seoul, Stockholm (Sweden), Tallinn (Estonia) and Tel Aviv (Israel).

"The city is home to Infosys, Google''s research and development center, and some of the world''s most talented (and inexpensive) software engineers," the report said while describing Bangalore.