| The
Department of Telecommunications (DoT) has permitted
domestic call centres to use the integrated services
digital network for the back-up leased line. This
will give redundancy to call centre operations.
Earlier,
this was not allowed and call centres had to depend
on just one ILD facility. For a back-up, call centres
could not afford to buy another line, given the
steep licence fee.
In
another change, the DoT has allowed standalone domestic
telemarketing centres, without any leased-line connectivity,
to make out-going calls without giving bank guarantees. |
| India’s
banking system is undergoing a major metamorphosis
with the commencement of the much-delayed RTGS (real
time gross settlement) Once fully operationalised,
RTGS would substantially reduce the time taken to
transfer money from one place to another. Today,
it takes anything up to three days for a clearing
cheque drawn on another bank in the same centre
to be cleared, while cheques drawn on out-station
branches of another bank could take 3 to 4 weeks
to clear. Businesses, in particular, pay a heavy
price for the delay. Today it is possible to transfer
money from one branch to another branch of the same
bank instantaneously, in the case of the new private
sector banks and foreign banks that have all their
branches on a common network. Also it is possible
only when funds have to be transferred between branches
of the same bank, not when it involves a transfer
between different banks.
The
RTGS system initiated by the Reserve Bank of India
(RBI) links all or most branches of all banks on
a real time basis electronically, allowing funds
to be transferred across banks and branches instantaneously.
To begin with the system will be limited only to
inter-bank transactions among four banks —
State Bank of India, Standard Chartered, HDFC and
Saraswat Bank. But it is only a question of time
before it encompasses all banks and all transactions.
|
| BPO
units specialising in market research (MR) are a
relatively new, but high-growth, section of the
BPO business. This segment has two kinds of players
- global MR agencies that have opened centres in
India and other players that have market research
outsourcing as only one of their activities.
Companies
operating in this segment include WNS, Taylor Nelson
Sofres (TNS), Ugam Solutions, Symphony, MarketRX,
Millward Brown and Evalueserve. Industry estimates
of the size of this segment are between $5-20mn.
It is expected to grow by 100-150% next year; much
higher than the 50-60% growth rate expected for
the rest of the industry. This number is also high
when compared to the 10% annual growth experienced
by the $ 66 mn domestic MR industry.
WNS,
Ugam Solutions and Symphony are global companies
that have set up centres in India to carry out,
among other things, BPO-related activities in market
research. Another such firm is Evalueserve, which
started about four years ago. None of these companies
are engaged exclusively in MR-related BPO activities.
Taylor
Nelson Sofres (TNS), a leading MR company, set up
a local BPO outfit about three years ago and is
one of the few leading MR agencies to do so. MarketRX,
a firm specialising in MR activity with pharmaceuticals
as its main vertical, has also started operations
less than a year ago in India. MR agencies such
as ACN, Synovate and IRI are also starting operations
in India.
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