Testifying before the USITC, Rao referred to the remarks made by Obama wherein he had referred to moving jobs from Bangalore to Buffalo.

Troubled PC maker Hewlett Packard (HP) has stalled a move to sell its 60% stake in Indian IT services firm MphasiS.

The past and the present leadership of MphasiS may face off in a takeover bid for the IT services company with revenues of over $1 billion.

MphasiS management has been battling declining orders from the parent, piling up pressure on the share price which has slumped 40% in the l...

Value & Budget Housing Corporation is now adopting a strategy of developing smaller five-acre housing projects.

Rao, who had previously founded Mphasis, had promised he would do a housing project with flats in Rs 10-15 lakh range. He delivered on that...

On the sidelines of the launch of a project in Chennai on Tuesday, he spoke to ET on affordable housing. Edited excerpts:

Read in the context of India having a shortage of 27 million houses. The need to define affordable housing is important, says Acharya.

Indian businesses need to incorporate ‘inclusive growth’ into their firms’ strategy, balancing profitability and social responsibility at t...

Jerry Rao has roped in home finance major HDFC as a strategic investor in his new low-cost housing venture, Value & Budget Housing Developm...

Jerry Rao, the iconic founder of IT firm Mphasis, is completely immersed into his next business innings: Nano housing.

Human resource management teams of many firms are often not great supporters of women and resisted decisions relating to their promotion. N...

Mphasis has announced the appointment of Deepak Patel as the chief operating officer (COO).Mr Patel comes from EDS, which holds the majorit...

Bangalore-based IT services provider Mphasis BFL Ltd on Tuesday said it has appointed Deepak Patel as the company's Chief Operating Officer...

Grover Vineyards, one of the leading domestic wine companies, is close to offloading 35% stake to Jerry Rao and a consortium of financiers.

The open offer made by EDS for acquiring majority stake in MphasiS BFL has been oversubscribed, though the $19.8bn IT giant will only retai...

Barings India Investment has exited from the city-based MphasiS BFL by tendering its entire stake in the company comprising 5.6m shares (or...