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Wells Fargo facility opened in city

Special Correspondent

Fifty employees to begin work



WELL BEGUN: Chief Minister Y. S. Rajasekhara Reddy inaugurating the Wells Fargo at Cyberabad on Wednesday. — PHOTO: P.V. SIVAKUMAR

HYDERABAD: Chief Minister Y. S. Rajasekhara Reddy opened the technology development centre of Wells Fargo, a diversified financial services company, here on Wednesday. The wholly owned subsidiary was set up at Raheja Mind Space IT Park at Madhapur. It would accommodate 550 employees. While 50 employees would begin work by this month-end in this facility, the headcount will be enhanced to 400 within a year, according to Aveek Mukherjee, Managing Director of Wells Fargo India Solutions Pvt Ltd.

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