Hyderabad based Mold-Tek Technologies Limited has informed that it will acquire 100% stake in two engineering Knowledge Process Outsourcing (KPO) companies namely US-based RMM Global LLC and its associate company technet Engineering Services, Thane.

However, the company did not disclose the value of the deal.

Both the companies are involved in providing structural engineering KPO services to high rise buildings in USA with annual revenues pegged at $ 2 million.

Hyderabad-based infrastructure major Nagarjuna Construction (NCCL) has bagged three orders worth Rs 474 crore from various firms.

The company has bagged first order worth Rs 252 crore from Engineers India for development of sports facilities and associated infrastructure development work for Commonwealth Games-2010 at North Campus, Delhi University. The project will be completed over a period of 18 months.

Hyderabad-bas

Hyderabad/ Mumbai, Aug 11 : Rains have killed at least 44 people in the last 48 hours in Andhra Pradesh and caused havoc in Mumbai.

Seven people have been killed in separate incidents of house collapse, electrocution and road accidents in Hyderabad. Another seven people have also died near Amravati in Guntur.

Rain has stopped and floodwaters have receded in the worst affected areas of Hyderabad, Krishna district and East and west Godavari. 119 relief camps have been set up in the Guntur and Krishna districts of the state.

Infosys Technologies, a multinational information technology services company, has decided to set up its single largest campus at Pocharam village on the outskirts of Hyderabad.

The proposed campus is company’s second campus, which is being constructed on a 447-acre special economic zone (SEZ) with a total investment of Rs 1,250 crore.

To be built in three phases, the campus will have a sitting capacity of 25, 000 people, and will be finalized over a period of ten years.