Hyderabad, May 12 (Hydnow): In a major boost to the banking, financial services, and insurance sector in Telangana, the London Stock Exchange Group LSEG has announced its decision to set up a Technology Centre of Excellence in Hyderabad, generating employment for about 1,000 people in a year.
The announcement was made after IT and Industries Minister K.Tarak Rama Rao, who is currently on a tour of the United Kingdom, met with Anthony McCarthy, Group CIO, LSEG in London.
According to a statement on the Minister’s official Twitter handle, a memorandum of understanding was signed between the Telangana government and LSEG. The MoU was signed by Jayesh Ranjan, Principal Secretary (IT and Industries), and McCarthy.
Advertisements
London Stock Exchange Group is a leading global financial markets infrastructure and data provider, with a rich history dating back over 300 years. LSEG has a global presence, operating within 70 countries worldwide and serving customers in 190 countries.
E. Vishnu Vardhan Reddy, Special Secretary, Investment Promotion & NRI Affairs, and A. Amarnath Reddy, Chief Information Officer, ITE&C Department were also present. (Hydnow)
Next Story:
-
BRS Leaders Held Protest Over CM Revanth’s Comments On BRS Women Leaders
BRS leaders staged protest condemning the objectionable comments made by Chief Minister A Revanth Reddy against senior women BRS leaders P Sabitha Indra Reddy and V Sunitha Lakshma Reddy.
-
Strict Action Against People Who Collect Parking Fees Against Rules: GHMC Commissioner
GHMC Commissioner Amrapali Kata said that action has been taken against the malls and multiplexes that are charging parking fees contrary to the rules within the GHMC.
-
Osmania University Rescheduled Telangana SET
Osmania University on Thursday rescheduled the Telangana State Eligibility Test (TG SET), which will now be conducted from September 10 to 13.
-
Heavy Rains Warning In Telangana
The Indian Meteorological Department, (IMD) Hyderabad Center has warned that heavy rains will occur in many districts of Telangana state.
-
Four People Involved In Dacoity Offence Arrested
Maidardevpally and CCS Rajendra Nagar teams proceeded and apprehended the four offenders at Sasthripuram at Sasthripuram namely 1. Aqeel, 2. Adnan, 3. Mohd Saif, 4. Moshin
Now you can get the latest stories from Hydnow every day. Click the link to subscribe. Click to follow Hydnow’s Facebook page and Twitter and Instagram
Advertisements