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Mphasis becomes Mphasis, an HP company
BS Reportet / Mumbai September 24, 2009, 13:43 IST

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Mphasis, a leading applications services, remote infrastructure services and business process outsourcing service provider, today announced that it will change its branding identity to become Mphasis an HP Company.

Mphasis continues to operate as an independent subsidiary of HP with its own board of directors. The company has seen stellar growth in its revenue with the growth of its business from HP as well as direct customers.

During the third quarter of fiscal year 2009. The Mphasis group, consolidated revenue was at Rs 1,105.6 crores and operating profit up by 132.8 per cent year on year.

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Arjun
This company has one of the worst management one could ever imagine of. They have shown profits in each quarter and yet they don't honor their 2008 recruitment offers they made. The worst part is that they called a particular batch of students for 4 times and canceled the slotted batch at the last minute. Even better, they are now calling the 2009 batch students and have canceled the offers of 2008 students saying that it is recession time.
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Ram
HP cares for their employees so will now Mphasis follow them? Lets hope so.
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