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MPHASIS JERRY RAO
Ex-executives may face off to buy MphasiSThe 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.
'Focus on several small projects. Then you don't have this Ministry of Environmental Affairs headache.' - Jerry RaoOn the sidelines of the launch of a project in Chennai on Tuesday, he spoke to ET on affordable housing. Edited excerpts:
- Slowdown, M&As lead to frenetic people movement in tech sector
Due to slowdown and merger & acquisition, several people move in other tech companies.
- MphasiS cuts 200 jobs in Chennai
Retrenchments are taking its toll on the Indian IT industry and the latest to join the list is MphasiS. The IT & BPO services company, whic...
- HR management resistant to promoting women staff
Human resource management teams of many firms are often not great supporters of women and resisted decisions relating to their promotion. N...
- Merger of EDS India with Mphasis completes
IT services and BPO solutions provider Mphasis said the merger of EDS India with itself has been completed after the Karnataka High Court h...
- Mphasis Q4 net up 59% at Rs 29 cr
IT and BPO major Mphasis today posted 59 per cent increase in net profit at Rs 29.03 crore for the quarter ended March 31.
- Mphasis consolidated Q4 net up 30%
This was despite a forex loss of Rs 2.6 crore in the quarter-ended March 31, 2007.
- Deepak Patel is new COO of MphasiS
Mphasis has announced the appointment of Deepak Patel as the chief operating officer (COO).Mr Patel comes from EDS, which holds the majorit...
- Deepak Patel appointed COO at Mphasis BFL
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 to sell 35% to Jerry Rao, consortium
Grover Vineyards, one of the leading domestic wine companies, is close to offloading 35% stake to Jerry Rao and a consortium of financiers.
- EDS to merge Indian ops with MphasiS
US-based IT and BPO company EDS will merge its 100% owned Indian operations with Bangalore-based BPO services company MphasiS.
- MphasiS BFL rejigs top deck
MphasiS BFL, the Rs 900-crore IT services and BPO service provider in which Plano(Texas)-based EDS has assumed a majority stake has seen it...
- Baring India set to retain a small stake in MphasiS
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...
- EDS offer to acquire Mphasis stake succeeds
The conditional offer by global IT services giant Electronic Data Systems to acquire majority stake in Mphasis has succeeded with the trans...
- EDS seen taking majority stake in MphasiS
EDS is reported to have sailed through with its proposed acquisition of a majority stake in the Bangalore-based MphasiS.
- Barings signs out of MphasiS, offers full stake
Barings India Investment has exited from the city-based MphasiS BFL by tendering its entire stake in the company comprising 5.6m shares (or...