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MPHASIS LONDON
IT stocks in focus after Oracle’s strong results; Nuvama says valuations now attractive after correctionIndian IT stocks may remain in focus after Oracle reported stronger than expected quarterly results and raised its revenue outlook. Nuvama ...- London emerging as top global destination for Indian tech startups from tier two citiesIn the first two months of the new financial year, nine Indian firms have set up base in London, following 23 in 2024 and 31 in 2023, accor...
- India pegged as No 1 source market for London's ambitious new 'Growth Plan'London's new 'Growth Plan' by Mayor Sadiq Khan aims to boost productivity and make its economy £107bn larger by 2035. India's significant F...
- Mphasis to double presence in UK with innovation hub for quantum expertiseMphasis said in a regulatory filing that it has expanded its UK presence over the past years and looks to double the headcount over the nex...
- Tech Mahindra launches TechMVerse to drive commerce in the MetaverseThe company would build on its 5G and infrastructure capabilities to build this platform, in partnership with hyper-scalers and starutps.
- Mphasis climbs 3% as firm forms joint entity with insurance major Ardonagh"Mphasis and Ardonagh, today signed a Business Venture Agreement wherein, Mphasis acquires 51 percent in Mrald Limited, a company incorpora...
- Ather Energy inducts ex-Ola execs Gurinder Singh Sukhija, Murali Sashidharan into management teamWith over 24 years of experience in diverse industries such as banking, telecom, infrastructure and transport networks, Sukhija was working...
- Private equity firms aim to raise up to $1 billion acquisition funding across three dealsThree global funds - Partners Group, CVC Capital and Blackstone Group - are in talks with a bunch of investment banks for financing arrange...
- Baring PE looks to raise $600-million debtThe debt facility, said to be a leveraged buyout financing instrument, where a part of the business being acquired too is often used as sec...
- Sensex gains 139 pts on rally in banks, FMCG pack; Zomato jumps 66%Auto stocks were under pressure but banks and FMCG names lifted the indices. Market attention was also on the listing of Zomato that saw ma...
- Mphasis to expand UK footprint with centre near LondonMphasis expects to invest over GBP 25 million upfront towards establishing the centre.
- Stocks in the news: Nureca, Dr Reddy's Labs, Affle India, Max Financial and HGSIndia’s drug regulator has not cleared the application of Dr Reddy’s Laboratories seeking approval to market the Sputnik V Covid-19 vaccine...
- Brookfield, Bain, Carlyle & Permira queue up for likely $3 billion Mphasis buyoutFour funds short-listed after initial bids, diligence ongoing before binding offers next month.
- Blackstone mulls Mphasis exit as stock up 3x in 4 yearsAt CMP, PE fund’s 56% stake is worth Rs 13,752 crore. Move to trigger an open offer; KPMG vendor dilligence begin .
- Mphasis Consulting acquires UK-based Datalytyx for up to 13.3 million poundsHeadquartered in London, Datalytyx provides data engineering, data ops and master data management solutions on Snowflake and Talend environ...
- Indian firms take part in French investment summitCompany heads from India with footprints in France included Anand Mahindra, Group Chairman - M&M; C Vijayakumar, CEO - HCL; Vivek Chaand Se...
- India Inc innovates with learningThe objective of the two-hour programme organised by the company in August was clear – to use the power of words and the gift of weaving th...
- MphasiS surges as Blackstone initiates open offer to buy 26% stakeA consortium led by Blackstone values the company at Rs 9653.84 crore, which is in line with company’s current market capitalisation of Rs ...
- Standard Chartered lapse not an outsourcing issue, say expertsThe outcry over Standard Chartered Bank's US violations because of outsourcing of operations to its India arm is misplaced.
- Hey Math: Chennai co to launch Facebook-type Mathematics networking siteThe maths social network, to be called 'Teaching Tomorrow', will be a separate non-profit venture. It is intended for teachers.
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