India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
14 May, 2026, 07.53 PM IST
Mphasis shares drop 2% as Blackstone likely sells 9.5% stake in Rs 4,600-crore block dealMphasis shares are expected to see significant movement on Tuesday, November 18. Promoter Blackstone is looking to sell a substantial stake...
18 Nov, 2025, 09.30 AM IST
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...
07 Jun, 2024, 11.34 PM IST
Blackstone, ADIA, UC and GIC in talks to raise $1.1 bn loan for MphasisThe short-term credit facility could be extended up to five years and is likely to have shares and some form of assurance or commitment fro...
22 Jul, 2021, 06.27 AM IST
Mphasis rallies 6% as Blackstone, others set to acquire majority stakeFollowing the development, Mphasis rose 6.32 per cent to hit a high of Rs 1,805 on BSE.
26 Apr, 2021, 12.15 PM IST
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...
09 Mar, 2021, 07.35 PM IST
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 ...
25 Feb, 2021, 10.11 AM IST
Blackstone pumps Rs 525 crore in Mphasis to buy more stakeBlackstone has acquired 4.01% stake in Mphasis for about Rs 525 crore ($69 million) after its share price fell more than one-third from its...
02 Apr, 2020, 11.53 PM IST
Mphasis eyes double-digit revenue from BlackstoneThe firm is working with 10 of Blackstone’s 95 portfolio firms and there is enough opportunity for expansion.
29 Jan, 2019, 06.30 AM IST
Blackstone sells 8% stake in MphasisBlackstone's holding in the company has fallen to 52 per cent from a little over 60 per cent.
14 May, 2018, 07.24 PM IST
Blackstone, HP wrap up $1-billion Mphasis dealWhen contacted, Blackstone declined to comment, while HP and Mphasis were not immediately available for a comment.
02 Sep, 2016, 06.13 AM IST
Mphasis CEO wants to co-invest with Blackstone in $1billion dealMphasis CEO Ganesh Ayyar is open to co-investing with Blackstone Group while formalizing the acquisition of the IT services company he has ...
29 Jun, 2016, 10.46 AM IST
Mphasis CEO promises to ensure that its decentralised leadership style survives post Blackstone dealMphasis had identified 17 executives in the rung below its ten-member executive committee and empowered them to take decisions without high...
15 Apr, 2016, 09.06 AM IST
With $1-bn Mphasis buy, Blackstone makes its boldest bet in IndiaEdging past peer Apollo Global Management — the other serious contender — Blackstone on Monday signed a definitive agreement with HPE.
05 Apr, 2016, 05.34 AM IST
Blackstone says no plans to replace current Mphasis management after $1.1 billion-buyoutBlackstone’s India co-head of private equity Amit Dixit said that Blackstone has no immediate plans of delisting Mphasis from stock exchang...
04 Apr, 2016, 02.56 PM IST
Blackstone to buy Mphasis in deal worth as much $1.1 billionHP Enterprises owns about 60.5% of Mphasis’ shares. Blackstone said it had agreed to pay Rs 430 per share to the US technology company.
04 Apr, 2016, 12.57 PM IST
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 ...
17 Mar, 2016, 02.11 PM IST