Serene Global Services (SGS) Hyderabad based Software Company Closed, CEO Gade Mani Kumar arrested

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Serene Global Services (SGS) Hyderabad based Software Company closed today and police men arrested its CEO Gade Phani Kumar.

This So Called Company collected Rs.2 Lakhs from each Fresher who joined as a deposit and offered a job. And also they have advertised that, there are huge SAP based project coming up, hence they are giving chance to the freshers those who are enthusiastic to learn new technologies.

The Company promise is that, after the bond completes, they would give back the 2 Lacs amount to the employee.

However, due to some unexpected situations this company got closed today. Since last couple of months, SGS not paying salaries to the employees.

This company is situated in Banjara Hills, Road No.2, Sanali Info Park, I-Gate Building, Hyderabad, Andhra Pradesh, India.

From VBIT (Vignana Bharathi Institute of Technology) On Campus placement drive was held by SERENE GLOBAL SERVICES, a reputed software company in Hyderabad, for 2011 passing out batch of B.Tech. 9 students were selected.

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