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MPHASIS EXECUTIVE EXITS
Mphasis playing host to a high-stakes game of executive musical chairsMphasis faces a wave of senior executive departures. Over a dozen high-performing leaders have left since 2025 for competitors such as Cofo...- 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.
- 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...
- Senior IT executives join AI party as startup foundersSenior Indian IT executives are launching their own AI startups, leveraging years of client contacts and enterprise knowledge to offer cost...
- TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
- 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.
- Wipro's operations head Sanjeev Singh joins CMS IT ServicesSanjeev Singh joins the digital solutions and cloud management firm after serving a four-year stint at Wipro where the chief operations off...
- 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.
- Franklin India Prima mutual fund review: This has hurt the scheme over the past yearWhile retaining its mid-cap tilt, this fund has traditionally maintained a sizeable presence in large-caps. The fund manager shows a prefer...
- 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.
- 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 ...
- PE firms Blackstone, Apollo close in on Mphasis for a billion dollar buyPrivate equity buyout firms Blackstone and Apollo Global Management have emerged as strong contenders to acquire IT services company Mphasi...
- Blackstone, Apollo in race with Tech Mahindra to acquire MphasisBlackstone and Apollo are in the race to acquire Mphasis after HP revived plans to sell its controlling 60.4% stake in the subsidiary.
- Hinduja Global to acquire stake in Mphasis' BPO business for Rs 17 croreUpon completion, the acquisition will strengthen HGS' presence in India by adding newer service capabilities and marquee clients in telecom.
- 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.
- IT firm MphasiS acquires US-based company Digital Risk for $200 million“We have been looking for a specialised co in banking, capital mkts space and Digital Risk presented the best opportunity,” said Ganesh Ayy...
- MphasiS profit down 11% to Rs 194.8 crore on wage hikes, taxConsolidated revenues of the company which follows a November-October financial year, grew 2.9% sequentially to Rs 1,294 cr.
- Baring buys 3.6% more in MphasiSPrivate equity player Baring has scaled up its stake in IT exporter MphasiS by 3.6% to 12.2% for Rs 129 crore.
- Slowdown, M&As lead to frenetic people movement in tech sectorDue to slowdown and merger & acquisition, several people move in other tech companies.
- Anant Koppar may log out of MphasiSMphasiS, the mid-tier IT and BPO entity now controlled by EDS, is likely to see the first major exit from its executive team with Anant Kop...
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