PVV INFRA Share price

TWIN CITIES INFOTECH LIMITED (TCIL) was incorporated as aPrivate Limited Company on 7th July 1995 under the CompaniesAct 1956 with the object of providing specialized training inSoftware such as Oracle Java and ERP training. The Company wasconverted into public Limited in the month of February 2000 withthe object of setting up a software development center and tobecome one of the market leaders in software products andE-Commerce related activities.The company has focussed its business on the following :* Off shore Software Development Services* Web enabled Business/E-commerce* Product DevelopmentThe company has entered into an agreement with Saroh InfotechLtd for diverting a part of its business to this company. SarohInfotech Ltd has entered into an agreement for joint venturewith DM SOFT SRL Italy for utilising the services of the formercompany for development of IT related applications and othersoftware assignments.The Company started with an overall focus on on-site servicesand web-enabled technologies related projects with high qualityexecution as a basis. In the first year the main focus was toestablish strategic alliances. The Company put forth a goodperformance and it successfully crossed several milestones. TheCompany commenced its operation with a major project from theUS. And thereafter have established several strategic andtechnical alliances in USA to help nurture and further itsvision of providing an innovative solutions spectrum.The Company was promoted by 3 IT professionals Mr. D.SreedharReddy Ms.R.Shanti Reddy and Ms.D.Sireesha Reddy. Subsequentlythe company was taken over by Mr.Kanyadara Prakash Mr. ShukurMohammed Mr.Ravi Chandra Bobba Mr.B.Sambasiva Rao andMr.I.Venkateswarlu who have wide expertise and skills inmarketing and the implementation of IT related products andservices.PRESENT ACTIVITIES OF THE COMPANYThe Company is currently working on several projects foroffshore development for the various customers in USA - projectsand Consultancy on Web-Based Technologies platforms.Application areas covered include developing web-based productsportals Internet sites and product development. The companyoffers its client total solution to their organization'sbusiness needs adding the most comprehensive services andadvanced technologies available to support the current andfuture requirements. TCIL undertakes such software assignmentsfrom stage of system formation to its implementation leading tohigh-end solutions.DETAILS OF SUBSIDIARIESThere are no other subsidiaries promoted by the promoters of theCompany.