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MPHASIS AI STRATEGY
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- Blackstone raises its largest Asia PE fund; mops up $13.1 billionBlackstone has successfully raised its largest Asia private equity fund, securing $13.1 billion. This significant achievement surpasses the...
- AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shiftIndian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is cha...
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
- IT mojo returns pre-Q4 results; Flipkart's AI sprintIT stocks have gained momentum ahead of Q4 results. This and more in today's ETtech Top 5.
- Pharma, Auto, and IT: Pankaj Pandey shares sectoral insights amid global challengesPankaj Pandey shares insights on Indian sectors facing US tariffs. He sees limited impact on pharma growth but potential benefits for Jubil...
- Mphasis chief sees discretionary tech spends acceleratingClients are identifying pockets of their business to make it efficient through the use of AI, automating tasks that don't need as much manu...
- Mphasis Q2 net profit rises 10.8% to Rs 469 crore; revenue rises to Rs 3,902 croreThe company had reported a net profit (attributable to equity owners of the company) of Rs 423.3 crore in the year-ago period, according to...
- Mphasis Q2 Results: Net profit up 11% YoY to Rs 469 crore; revenue rises to Rs 3,902 croreMphasis reported a 10.79% increase in net profit to Rs 469 crore for the July-September quarter, with revenue rising 10.34% to Rs 3,901.91 ...
- Indian IT sector shows resilience amid global headwinds: Gaurang ShahIndia's top IT firms are demonstrating remarkable resilience, with major players like Infosys exceeding expectations despite global and dom...
- Fundamental Radar: Mphasis stock may correct to Rs 2,100; Kotak Equities explains whyMphasis works with all the top-10 US banks and has a presence across most sub-verticals within the banking, and financial services (BFS) se...
- Mphasis to focus on four pillars for growth in FY22 and beyondMphasis will continue to focus on expansion of capabilities, geographic presence, leadership and creating a portfolio of IP-driven AI/ML in...
- Mphasis chalks out 4-point plan to accelerate growthThe contribution of the DXC revenues to overall business has consistently been declining as part of the co's strategy to grow its share of ...
- Mphasis ties up with Alberta, UCalgary for jobs, growth in CanadaMphasis will build its Canadian headquarters in Alberta and provide 500-1,000 jobs in the province over the next 24 months.
- Reskill to survive: Tech firms retrain staff on war footingAccenture, Infy, TechM, Cognizant, MphasiS investing to make workforce future-ready.
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