Friday, Feb 22 2019 | Time 14:37 Hrs(IST)
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  • Centre gives Assam Rifles power to arrest without warrant in 5 NE states
  • First ODI : England women bowl out India for 202 in first innings
  • Five Jawans missing in avalanche, search operation resumes in Kinnaur
  • 'Good beginning is half the battle' - says PM on a day UNSC condemns Pak on terror
  • Swine flu: MP CM’s call to public
  • Cong targets Modi, 'what was PM doing from 3 10- 5 10 pm the day of Pulwama attack?'
  • Modi prime-time minister, photoshoot was on even 3 hours after Pulwama: Rahul
  • AAP Govt committed to provide curative healthcare services to citizens of Delhi: LG
  • Deoband: ATS arrests 2 suspects associated with JeM
  • Rajini's meeting with Vijayakanth set political tongues wagging
  • One more dies in fire mishap, toll rises to 7
  • Chandrababu Naidu skips Prez function organised by Venkaiah family Trust
  • Projects worth Rs 5,894 cr inaugurated at Chandi Ghat in Haridwar
  • Walk-out in Assam Assembly over arrest, search powers to Assam Rifles
  • Russian Helicopter Ka-226T will be assembled at proposed HAL copter facility in Tumkur
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Andhra Pradesh Govt signs MoUs with Visa, Thomson Reuters for Fintech Valley

Andhra Pradesh Govt signs MoUs with Visa, Thomson Reuters for Fintech Valley

Mumbai, Feb 22 (UNI) Chief Minister of Andhra Pradesh, N Chandrababu Naidu, here today presided over the signing of two significant memoranda of understanding (MoU) with two fintech multinationals, Visa and Thomson Reuters, for setting up their offices in the Fintech Valley at Vizag. The milestone represents another firm step by the AP government designed to catapult Fintech Valley as the national and global hub for financial technologies (fintech) innovation. Also present at the event were Mr J A Chowdary, special chief secretary and IT advisor to the AP Chief Minister; Ms Latha Ayyar, special representative for Innovation & IT in the Government of AP & chief operating officer at Bharti AXA; Mr Vijayanand, IT secretary for Government of AP; Mr J Satyanarayana, UIDAI chairperson and former IT secretary; Mr T.R Ramachandran, group country manager for India & South Asia at Visa and Mr Pradeep Lankapalli, managing director, Thomson Reuters-South Asia. "Our vision is to create 5 lakh jobs in Andhra Pradesh by 2020 through technology-enabled services. Fintech Valley is a playground for start-ups and innovators. Our aim is to turn Fintech Valley into a global hub by enhancing the fintech ecosystem with mutually beneficial cross-border collaborations and relationships. This can lead the way in the technological and financial growth of the nation," Chief Minister Naidu said in a release. "These MoUs are steps towards converting our vision to reality -- of making Andhra Pradesh the leader in fintech ecosystem -- through Fintech Valley Vizag. Both these companies, Visa and Thomson Reuters, are industry leaders in their space and we are excited to be working with them," he added. The AP government will be hosting the first Fintech Valley Vizag Spring Conference 2017 on March 9 and 10. The conference will bring together fintech companies, start-ups, researchers and key government officials, who are working in the fintech sector. It will provide opportunities for disruptive business solutions, with a special focus on nurturing start-ups, the release added. UNI JM SS NP1900

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Top IT firms employ K-DISC’s ABCD graduates

22 Feb 2019 | 2:08 PM

Thiruvananthapuram, Feb 22 (UNI) In a major boost to career prospects of graduates who have completed the Accelerated Blockchain Competency Development (ABCD) programme conducted by Kerala State Development and Innovation Strategic Council (K-DISC), a string of top IT companies like IBS Software Services, SunTech, UST Global and Ernst & Young have come forward for providing employment.

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Russian Helicopter Ka-226T will be assembled at proposed HAL copter facility in Tumkur

22 Feb 2019 | 1:30 PM

Bengaluru, Feb 22 (UNI) The helicopter facility of the Defence PSU, Hindustan Aeronautics Limited (HAL) coming up at Tumakuru in Karnataka will house the final assembly and servicing of the Russian-made Kamov-226T Light Utility Helicopter, for which a joint-agreement was registered recently.

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Poeir Jets Develops India’s First Heavy-lift Hybrid Drones

22 Feb 2019 | 1:28 PM

Bengaluru, Feb 22 (UNI) After successful launch of the country’s first Microjet Engine series, Poeir Jets, promoted by M/s Poeir Jets Pvt Ltd, an R&D subsidiary of Intech DMLS, is India’s first private firm that developed Jet Engines, has moved to develop India’s first Heavy lift Hybrid drones and it was launched in the ongoing Aero India 2019 with an aim to establish itself as industry leaders in providing propulsion solutions to Unmanned Aircraft Systems (UAS).

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Sugar rates steady

22 Feb 2019 | 1:13 PM

Kolhapur, Feb 22 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Friday to Rs 3280/3300 and Rs 3180/3200 per quintal respectively.

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Major currencies up

Major currencies up

22 Feb 2019 | 12:20 PM

Mumbai, Feb 22 (UNI) Following were the indicative currency rates and travellers' cheques buying and selling rates per unit.

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