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MPHASIS STAKE SALE
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- Mphasis promoter entity pares 15% stake for Rs 6,735 croreBlackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction ...
- Promoter Blackstone sells 15% stake in Mphasis for Rs 6,700 croreBlackstone held a majority stake in the IT firm at 55% as of March. Now it's down to 40%, but still, it's the largest shareholder. Mutual f...
- Block Deal Buzz: Blackstone offloads 15% stake in Mphasis worth Rs 7,000 crore; stock drops 4%Global investment firm Blackstone likely sold a 15% stake in Mphasis, leading to a 3.7% share price drop. It's the year's second-largest bl...
- Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 croreBlackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore through a block deal. Blackstone holds 55.45% in Mphasis. Mphasi...
- Hotel warsIn today's ETtech Morning Dispatch: MakeMyTrip has been told to relist Treebo and FabHotels, rivals of its partner Oyo; IT sector may escap...
- Blackstone said to call off Mphasis stake sale on valuationsBlackstone Group is said to have rejected the two bidders in the final round of Mphasis’ stake sale as their offers didn’t meet its expecta...
- Mphasis acquisition talks hit impasse as Carlyle refuses to log inNegotiations between Blackstone Group and Carlyle Group for the biggest technology acquisition in India have hit a bump as Mphasis’ share p...
- Carlyle emerges sole bidder to acquire Mphasis from BlackstoneCarlyle Group's offer to buy Blackstone’s 56.12% stake in Mphasis is believed to be at Rs 1,450-1,500 a share—lower than the closing share ...
- Carlyle emerges frontrunner to acquire Mphasis from BlackstoneCarlyle Group is negotiating with at least half a dozen banks and a pension fund to buy out Blackstone’s stake in Mphasis. Binding offers d...
- Buy Mphasis, target price Rs 1955: Motilal OswalMphasis Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 30736.06 Crore) operating in IT Software secto...
- Buy Mphasis, target price Rs 1510: Centrum BrokingMphasis Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 25568.22 Crore) operating in IT Software secto...
- Neutral on Mphasis, target price Rs 1174: Motilal OswalMphasis Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 21787.85 Crore) operating in IT Software secto...
- Trending stocks: Mphasis stock price rises 3%Shares of MphasiS Ltd. traded 2.86 per cent up in trade at 09:52AM on Friday .
- Blackstone sells 8% stake in MphasisBlackstone's holding in the company has fallen to 52 per cent from a little over 60 per cent.
- Mphasis owner Blackstone raises $500 million in bond saleInformation technology company Mphasis has raised $500 million by selling dollar bonds.
- Blackstone emerges as strongest contender to acquire Mphasis from Hewlett Packard EnterpriseBlackstone has emerged the strongest contender to acquire IT services firm Mphasis from Hewlett Packard Enterprise in a deal that could be ...
- Hewlett Packard stalls $1 billion MphasiS stake saleTroubled PC maker Hewlett Packard (HP) has stalled a move to sell its 60% stake in Indian IT services firm MphasiS.
- Mphasis offloads 1.71 lakh sharesMR Jaithirth Rao, founder of Mphasis, the mid-sized IT and ITES player has offloaded 1.71 lakh shares in the company, according to a statem...
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