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MPHASIS BUSINESS STRATEGY
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- Blackstone raises its largest Asia PE fund; mops up $13.1 billionBlackstone has successfully raised its largest Asia private equity fund, securing $13.1 billion. This significant achievement surpasses the...
- Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
- 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...
- UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shiftIndian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is cha...
- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- 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...
- 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.
- 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...
- Mphasis to focus on four pillars for growth in FY22 and beyondMphasis will continue to focus on expansion of capabilities, geographic presence, leadership and creating a portfolio of IP-driven AI/ML in...
- 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 still implementing plan for rest of domestic BPO businessMphasis still owns a third of its domestic BPO unit and is working on implementing its strategic plan for the business, after it sold the r...
- Increase in MphasiS stock price looks limitedMphasiS, a large-cap IT services provider, has long been trying to reduce its revenue dependence on parent HP by augmenting the direct busi...
- MphasiS: Slack in growth does not justify current valuationThe stock of MphasiS has gained 27% in one month despite the company's lacklustre performance in the April 2013 ended quarter.
- Tough time ahead for Mphasis as Hewlett Packard cut its sales forecastMid-sized IT services firm Mphasis seems headed for tougher times after its parent and biggest client Hewlett Packard cut its sales forecas...
- MphasiS may see rough patch as HP business declinesWith no end in sight to falling business from parent Hewlett-Packard, mid-sized IT services firm MphasiS may be headed for a rough patch.
- HP's new focus may impact MphasiS revenue: AnalystsThe remaining 60% of HP revenue comes from projects where MphasiS acts as a sub-contractor. Some analysts said HP's decision would be neutr...
- 'We want to follow the string of pearls strategy'Rajkumar Velagapudi, the chief executive of Fortify, who will lead MphasiS' new business unit, speaks to ET, along with Ganesh Ayyar, the M...
- Mphasis targets more biz from HPThe country’s sixth-largest software exporter Mphasis is targeting higher business from its top shareholder and largest customer, Hewlett P...
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