Intel's Paul Otellini to visit India
New Delhi: Paul Otellini, Intel Corporation's president, and chief executive officer, is visiting India on May 23rd & 24th this year.

This is Otellini's second visit to India, and first as the company's CEO. Otellini's itinerary will comprise meetings with key business leaders, customers and CEOs in India. During his two day visit, Otellini will spend time in Bangalore and Mumbai. He will address the media in Bangalore on Tuesday, May 23, 2006.

At Mumbai, he will deliver the keynote address at the Intel Capital CEO summit on May 24. The Intel Capital CEO summit brings chief executives from Intel Capital's portfolio companies worldwide together with executives from Intel and Global 2000 corporations along with government and education leaders for three days of learning and deal-making focused on tapping into the opportunities offered today in India.

Intel has been operating for the last ten years in India, working closely with the government, industry and educators to enable transformation of businesses and communities through the adoption of information and communication technology (ICT). Intel announced a US $1 billion, multi year investment roadmap which includes an investment of US $ 800 million over the next five years and a US$250 million Intel Capital India technology Fund to help stimulate technology innovation and growth.

The investments will focus on expanding the R&D center in Bangalore in addition to marketing, education and community programs.
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I.Ram Reddy appointed new director on SBH board
Hyderabad: State Bank of Hyderabad has announced that I. Ram Reddy has been appointed as director on its board.

Reddy is currently working as head cashier at the bank's Karimnagar branch. He is secretary of the All-India SBH Staff Association, president of the SBH Staff Association's Andhra Pradesh unit, deputy general secretary for AP Bank Employees Federation and is a general council member of All-India Bank Employees Association, the release said.
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