Mphasis eyes more business from new clients
DXC Technology, a company spun off from Mphasis' erstwhile parent HP, contributed 24.1% of the mid-tier IT services provider’s revenue in the September quarter.
Mphasis sets up new facility in Hyderabad
The new centre would help build on the work the company does across verticals and a wide spectrum o...
Mphasis Q4 net profit up 11.9% to Rs 266 crore
Its revenue from operations grew 16 per cent to Rs 2,024.95 crore in the said quarter.
Mphasis eyes double-digit revenue from Blackstone
The firm is working with 10 of Blackstone’s 95 portfolio firms and there is enough opportunity for expansion.
Mphasis profit up 29% at Rs 278 cr in Dec quarter
Revenue from operations grew 18.6 per cent to Rs 1,970.9 per cent.
Mphasis snaps up US-based tech company Stelligent for $25 million
Stelligent has a team of over 50 engineers with 100 certifications, the statement said, adding it serves some Fortune500 companies as well.
For Mphasis, FY18 wired as growth year: CEO Nitin Rakesh
Three months into his tenure, the chief executive stresses that though lofty goals may be set for three or five years but in the end, execution and strategy are all that matter.
FY18 is turning out to be a year of growth for us: Nitin Rakesh, Mphasis
"The good news is that the growth is fairly broad-based. So, we have seen growth with our existing clients. "
Mphasis reported 29.6 % growth in net profit to Rs 250.8 crore for the January-March quarter
The share of revenue for digital and NextGen in Direct core constituted 43 percent for the quarter ended March with a sequential growth of 8.3 percent.
Continuity in acceleration is the focus, says new Mphasis CEO Nitin Rakesh
"We also have access into portfolio companies of our larger share holders and can we build on that, and obviously we have to win business there...," he added.
Tales of Indian IT's death exaggerated: Nitin Rakesh, Council Head, Nasscom IT services
Several articles have been written predicting the end of the Indian IT sector but changes in the space are nothing new, Rakesh, also Mphasis CEO, said.
IT company Mphasis aims at growing faster than industry in 2018-19
The growth has resulted from investments made as part of a new strategy, said CEO Nitin Rakesh, who took charge of the Bengaluru-based company a year ago.
H1B issue: Industry has much deeper capabilities, says Nitin Rakesh, CEO, Mphasis
"They (private equity investors) are seeing this as an opportunity to partner with us for the long term," Nitin Rakesh, CEO, Mphasis.
Mphasis appoints former Syntel head Nitin Rakesh as CEO replacing Ganesh Ayyar
Blackstone owns over 60 per cent of Mphasis, after it bought out Hewlett-Packard’s stake in the company last year. Rakesh stepped down as CEO of US-listed Syntel in November.
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