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MPHASIS GROWTH 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...
- AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
- 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...
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- 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...
- F&O Talk: Nifty slips below 20 & 50EMA. Sudeep Shah's tips to ride monthly expiry, trade 6 big weekly moversIndian equities experienced a broad-based sell-off, with Nifty and Sensex closing significantly lower. IT stocks led the decline, while pha...
- 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.
- Pharma, Auto, and IT: Pankaj Pandey shares sectoral insights amid global challengesPankaj Pandey shares insights on Indian sectors facing US tariffs. He sees limited impact on pharma growth but potential benefits for Jubil...
- Mphasis Q2 net profit rises 10.8% to Rs 469 crore; revenue rises to Rs 3,902 croreThe company had reported a net profit (attributable to equity owners of the company) of Rs 423.3 crore in the year-ago period, according to...
- Mphasis appoints former Cognizant executive Mike Meyer for strategic salesWith over 25 years of work experience, Meyer spent more than 22 years at global IT giant Cognizant which he quit in 2022 as global head for...
- Focusing on converting TCV to revenue; BFS and TMT led the revenue growth: Mphasis CEOMphasis revenue for the same period grew 3.3% quarter-on-quarter (QoQ) and 7.9% YoY to ₹3,536.1 crore. The Bengaluru-headquartered firm als...
- Mphasis acquires Seattle-based Blink UX for $94 millionSeattle-based Blink has additional studios in Austin, Boston, San Diego, and San Francisco. It employs 130 people. Founded in 2000, Blink h...
- 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...
- IT company Mphasis aims at growing faster than industry in 2018-19The growth has resulted from investments made as part of a new strategy, said CEO Nitin Rakesh, who took charge of the Bengaluru-based comp...
- What's dragging the stock of MphasiS?While the dividend pay out of Rs 17 per share is the biggest in any financial year for the company since listing publicly, it alone won't b...
- 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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