Hyderabad, Dec 5 (Maxim News): Another software company has gone bankrupt in madhapur, Hyderabad. A company called ‘Mind Spark’, which had collected lakhs of money from unemployed people on the promise of providing jobs in medical coding, went bankrupt overnight.
Along with Mind Spark in Kondapur, the managers set up another company in Madhapur called Fidiction and collected lakhs of money from unemployed people. They collected around Rs. 1 lakh to Rs. 2 lakhs from each unemployed person. In this way, around 80 to 100 victims lost lakhs. With this, the victims who had filed a complaint with the Madhapur PS against the company’s mentor Srikanth Joshi and Dilip Shiva Reddy, staged a protest near Capital Park in Madhapur. Such incidents have become common in the IT hub of Hyderabad. Fraudulent companies targeting the unemployed and freshers in the name of jobs are springing up everywhere. They are operating covertly and are targeting and deceiving the youth who come to the city with a passion for software jobs.
Young people who come to the city with the hopes of getting an IT job are easily falling for fake companies. While most software companies in the city operate from rental workstations and apartments, experts believe that 90 percent of such companies are fake. Some companies recruit candidates on the pretext of a project, take a certain amount as a deposit, and delay training and other aspects, forcing the candidate to leave the job on his own. (Maxim News)
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates
Iran Attacks US Navy Fifth Fleet
Tehran/Internet/Hyderabad, June 10 (Maxim News) Iran launched a missile attack on an airbase housing US forces in Jordan. However, neither Jordan nor the US has made any statement about the attack so far. The Iranian paramilitary Revolutionary Guards said that they attacked the Muwafaq Salti air base with missiles. This airbase houses US F-35 fighter…
Pakistan Airstrikes On Afghanistan: 13 People Killed
kabul/Internet/Hyderabad, june 10 (Maxim News): Afghanistan said at least 13 people were killed and 14 others wounded in a series of attacks by Pakistan on Wednesday, the government said. The attacks targeted Khost, Kunar and Paktika provinces in Afghanistan, Taliban spokesman Zabihullah Mujahid said. He said 11 children, a woman and an elderly man were…
Man arrested for secretly filming woman in Film Nagar
filming woman | A man was arrested for allegedly attempting to secretly record a woman while she was bathing at her residence in the Film Nagar.
