Thursday, Apr 25 2024 | Time 16:20 Hrs(IST)
image
Business EconomyPosted at: Aug 10 2018 9:53PM


13 New IT Companies inaugurated in Vizag Smart City, Four Expands Operations

Visakhapatnam, Aug 10 (UNI) 13 new IT companies opened their business while four companies expanded their operations in Vizag here on Friday.
After inaugurating the IT units at different parts of the city, IT Minister Nara Lokesh interacted with the employees and assured all support to the new IT companies.
CES Limited, Cerium Systems Pvt Ltd, Sahasramaaya Tech Inc, Belfrics Cryptex Pvt Ltd, Sweya IT, Inn
Data Analytics, HR Square Staffing Solutions, Inso Team Consulting Services, Nueve Solutions, Vivilex Tech
Pvt Ltd, Envoy Mortgage, Hippo Campus.
The new IT companies altogether will generate about 2300 jobs as per their commitments.
Four companies, Symbiosys Technologies, Inspire Edge IT Solution, Patra India BPO Services expanded their operation.
On the initiatives taken by the government, Minister Lokesh said that incentives to IT companies had been streamlined, Preferential Market Access (PMA) was being given and the feedback was received on how the IT industry is progressing.
He also appreciated the initiatives of APEITA (AP Electronics and IT Agency) in providing training programmes on skill development to IT job-seekers.
Patra Corp COO Matt Easterlin said that the company would add 1,600 jobs in Vizag in the next one year
and this was expected to be the largest workforce of an IT company in Vizag. IT minister hailed the Patra Corp for generating highest IT jobs in Vizag and expanding their operation believing in the AP government
Symbiosys Technologies CEO O Naresh Kumar also appreciated the incentives and other support being
provided by the AP government for the new job creation. The company has hired 100 employees for its
new animation project.
UNI BSR 2135
Please log in to get detailed story.
Tags: #13 New IT Companies inaugurated in Vizag Smart City# Four Expands Operations
More News
Dr Reddy’s Lab and Nestlé India enter into definitive agreement to form JV company

Dr Reddy’s Lab and Nestlé India enter into definitive agreement to form JV company

25 Apr 2024 | 2:40 PM

Hyderabad, April 25 (UNI) Dr. Reddy’s Laboratories and Nestlé India have entered into a definitive agreement to form a joint venture company to bring innovative nutraceutical brands to consumers in India and other agreed territories.

see more..
SBI General Insurance records 17 pc growth in topline and a profit growth of 30 pc in FY 23-24

SBI General Insurance records 17 pc growth in topline and a profit growth of 30 pc in FY 23-24

25 Apr 2024 | 2:18 PM

Kolkata, Apr 25 (UNI) SBI General Insurance announced its financial results for FY 23-24, recording 17 per cent growth in topline faster than market growth and a profit growth of 30 per cent in FY 23-24.

see more..
Tata Motors accelerates innovation: record 222 patents filed and 333 grants secured in FY24

Tata Motors accelerates innovation: record 222 patents filed and 333 grants secured in FY24

25 Apr 2024 | 1:10 PM

Hyderabad, Apr 25 (UNI) Part of the USD 150 billion Tata group, Tata Motors Limited, India’s leading automobile company, has yet again achieved a significant milestone towards intellectual property rights (IPR) creation with a record-breaking number of 222 Patents and 117 designs applications filed during the year FY24, highest in its history.

see more..

RITES collaborates with DVC for rail infra works

25 Apr 2024 | 1:05 PM

Mumbai, April 25 (UNI) RITES Ltd., a prime transport infrastructure consultancy on Thursday said that it has signed an MoU with Damodar Valley Corporation (DVC), a statutory body under the Ministry of Power, to collaborate for Project Management Consultancy for rail infra works.

see more..

JioCinema to redefine subscription market with launch of Premium Plans

25 Apr 2024 | 12:42 PM

Mumbai, April 25 (UNI) JioCinema, the video streaming platform of Reliance Industries, has rolled out new subscription plans, JioCinema Premium, which will include ad-free content across languages, including original series, movies, children's shows, and TV entertainment on any device, including connected TV sets, for Rs 29 a month.

see more..
image