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MPHASIS ACQUISITION
IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...- 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...
- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- SC refuses to reopen 2021 ruling exempting foreign software payments from royalty taxThe Supreme Court has once again dismissed the income tax department's review petitions concerning the taxation of software payments to non...
- Mphasis Q4 net profit rises 14% to Rs 510 croreMphasis has taken the spotlight with stellar financial results for the fourth quarter of fiscal year 2026, celebrating a solid 14.1 percent...
- Mphasis appoints Ajay Arya to head M&A“Ajay will be based in New York and lead the entire process, including strategy, evaluation, deal sourcing, negotiation, diligence manageme...
- CCI approves BCP Topco, other entities' acquisition of stake in MphasisBCP Topco is a private limited company incorporated in Singapore and is linked to private equity major Blackstone.
- 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.
- Mphasis acquisition talks hit impasse as Carlyle refuses to log inNegotiations between Blackstone Group and Carlyle Group for the biggest technology acquisition in India have hit a bump as Mphasis’ share p...
- 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...
- Mphasis CEO wants to co-invest with Blackstone in $1billion dealMphasis CEO Ganesh Ayyar is open to co-investing with Blackstone Group while formalizing the acquisition of the IT services company he has ...
- Street cheers MphasiS' Digital Risk acquisition, stock rallied 3.2% on BSEShares of Bangalore-based MphasiS rallied 3.2% on the Bombay Stock Exchange adding about .
- IT firm MphasiS weighs share buyback, acquisitionsIT firm MphasiS said it is looking at the possibility of a share buyback and potential acquisitions to augment business.
- Mphasis to acquire US-based Wyde CorpMphasis subsidiary has entered into an agreement to acquire Wyde Corporation, Mphasis said in a filing to the Bombay Stock Exchange.
- Mphasis looking for acquisition: Alok NanavatyMphasis has been on the look out for an acquisition. I am not sure how far they have gone along with it or how close they are to actually c...
- Indian mid-tier software firm MphasiS turns billion-$ firmMphasiS said revenues for the year-ended October grew by 18% to 5,037 crore and net profit improved by 20% to Rs 909 crore.
- Mphasis targets $1-bn revenue in next few yearsMphasis, an HP-EDS-owned mid-tier services firm, plans to achieve around $1 billion in revenues over next few years by growing its business...
- Mphasis eyes $1 billion in revenuesMphasis, an HP-EDS owned mid tier services firm plans to achieve around $1 billion in revenues over next few years by growing its business ...
- EDS acquires Mphasis for Rs 1,748 crEDS acquired 83 mn shares in the company, through an open offer at the cost of Rs 1,748 cr.
- Baring India set to retain a small stake in MphasiSThe open offer made by EDS for acquiring majority stake in MphasiS BFL has been oversubscribed, though the $19.8bn IT giant will only retai...
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