What is KPO: The work entails doing equity research for overseas investment banks, research houses, consultancies and other financial institutions. The range of services covered by KPO includes intellectual property creation such as patent research, data mining, database creation and updating and analytical services such as equity research, competitive intelligence preparation of company profiles, industry reports and financial modelling. Says, Amitabh Sharma Virtual bridge - The knowledge process outsourcing industry Jamaica Gleaner News, July 11, 2007.
NEW DELHI: India, already known as the back office of the world, will account for two-third of the global Knowledge Process Offshoring (KPO) segment that could create up to 1.8 lakh new jobs here by 2011, a new study has said.
The worldwide KPO market is expected to grow to 16.7 billion dollar in revenues by 2010-2011 at an annual growth rate of 39 per cent. Of this, India would account for 11.2 billion dollars, according to the study by business research and analytics firm Evalueserve continue reading
"Dogs and Indians not allowed"
Circa 1945, signboard outside the elitist British Club in Calcutta
"India is the 2nd biggest investor in London"
Circa 2006, small news snippet in the business page of a leading newspaper.
"Asathoma Sadhgamaya, Thamasoma Jyothirgamaya"
The above is a Sanskrit verse from an ancient Hindu text meaning from the unreal lead me to the real, from shadows lead me to the light. The great Indian brain is doing exactly that. Leading the world's largest money market into light. Yes, that absolutely right. Not talking about some mundane back office processing work. The work happening here is pure pundit-giri consisting of analysis and more, about which is a hot stock, where to invest, about mergers and charting the growth of the world's biggest financial market. In simple words brains at Gurgaon, out skirts of Mumbai and Chennai are actually running the Wall Street Market.
If that sounds like an understatement and too unreal to be real would somebody please answer what are companies like iRevna, Evalueserve, Fidelity, Copal Partners and others doing in India. Surely they can get cheaper labor in Philippines and perhaps many more countries. continue reading Gurgaon Bheja
PUNCHLINE - No Wonder:
Taj Mahal on a London visit with Shilpa, Dravid