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...
10 Jun, 2024, 08.43 PM 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
Mphasis gets shareholder nod to buy back 1.73 crore sharesPromoters and promoter group hold 60.42 per cent share in the company, while public shareholding is at 39.58 per cent as in December, 2016.
13 Mar, 2017, 08.16 PM IST
Mphasis appoints former Syntel head Nitin Rakesh as CEO replacing Ganesh AyyarBlackstone owns over 60 per cent of Mphasis, after it bought out Hewlett-Packard’s stake in the company last year. Rakesh stepped down as C...
27 Jan, 2017, 05.41 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 may see $100 million drop in HP business next yearDeclining business from its largest customer, Hewlett-Packard, is back to haunt mid-sized technology services company MphasiS.
05 Nov, 2013, 08.00 AM IST
- Private equity firms sniff deal, MphasiS CEO 'not tempted'
MphasiS management has been battling declining orders from the parent, piling up pressure on the share price which has slumped 40% in the l...
25 Mar, 2013, 07.11 AM IST
MphasiS logs 14.3 pc jump in Q4 consolidated profit at Rs 209.31 croreFor the year ended Oct 31, MphasiS registered consolidated net profit of Rs 792.32 cr compared to a net profit of Rs 821.82 cr in FY2010-11...
05 Dec, 2012, 09.02 PM IST
IT firm MphasiS weighs share buyback, acquisitionsIT firm MphasiS said it is looking at the possibility of a share buyback and potential acquisitions to augment business.
24 Dec, 2011, 08.16 AM IST
- Mphasis Feb-Apr profit falls 18.7%; stock down
HP-owned Mphasis, which counts its parent among top customers, said the company's profit for quarter end April 30 dropped 18.7% to 219.29 c...
27 May, 2011, 10.22 AM IST
- Mphasis Feb-Apr profit falls 18.7 % to 219.29 cr
HP -owned Mphasis, which counts its parent among top customers, said the company's profit for quarter end April 30 dropped 18.7% to 219.29 ...
27 May, 2011, 12.59 AM IST
- Baring puts MphasiS on billing rates
After being hammered on the bourses last Friday over issues of corporate governance, the pressure on Bangalore-based MphasiS has intensifie...
28 Feb, 2011, 09.24 AM IST
- Heard on the Street: MphasiS, R-Infra
MphasiS shares rose 4.4% to close at Rs 581.05 on Friday on renewed speculation the company may be merged with parent HP India.
12 Jun, 2010, 04.15 AM IST
- Mphasis targets more biz from HP
The country’s sixth-largest software exporter Mphasis is targeting higher business from its top shareholder and largest customer, Hewlett P...
10 Feb, 2010, 02.18 AM IST
- EDS says HP won’t need to make offer for MphasiS
Shares of IT services firm MphasiS declined nearly 2% on Thursday after the co said HP will not be required to make a tender offer to its s...
23 May, 2008, 01.32 AM IST
- EDS buyout could spell boon for Mphasis shareholders
Shareholders of domestic IT firm Mphasis could soon see another open offer being made to them with its US-based parent company EDS on Tuesd...
13 May, 2008, 08.48 PM IST
- Merger of EDS India with Mphasis completes
IT services and BPO solutions provider Mphasis said the merger of EDS India with itself has been completed after the Karnataka High Court h...
24 Jul, 2007, 01.45 PM IST