Microsec Capital to set up KPO at Rajarhat

Kolkata, Sept 04: Investment banker Microsec Capital Limited would set up a Knowledge Process Outsourcing (KPO) centre on equity research at the Knowledge Corridor in New Town, Rajarhat.

"We have obtained 15 kattahs of land from the West Bengal government. We will set up the KPO on equity research of 40,000 square feet area," chairman B L Mittal told reporters.

In all 700 people would be employed in the KPO, he said.

The company had also acquired area from Kesoram Industries in "Shivam Chambers" located at a prime locality in the city for the equity research operations, Mr Mittal said.

Microsec, specialising in consultancy and investment banking operations, is focussing on wealth management services in a big way.

"We have around 500 high net worth clients at present. We want to increase it by offering unique financial planning solutions required to maintain the same living standard in this age of inflation," he said adding that the company had received the government approval to accept e-filing of returns.

UNI