Page 6 - Mphasis

Mphasis board to consider proposal for buyback of equity shares on August 7

Last year, the company had completed buyback of 17.4 million shares with a total outlay of Rs 11.03 billion

Mphasis gains 4% as board mulls share buyback proposal

The stock was 4% at Rs 1,225 on the BSE after the company said that its board will consider a share buyback proposal on Tuesday, August 7, 2018.

Mphasis rallies 10% on FPIs stake buys from Blackstone

The stock rallied 10% to Rs 1,080 on the NSE in late noon deal

Mphasis rebounds 5% from day's low post block deals

The stock was trading 2.2% higher at Rs 1,010, bouncing back 5% from early morning low of Rs 960 touched on the NSE after nearly 8% of total equity of IT company changed hands via block deals.

Mphasis eyes $1 billion revenue mark, taps digital opportunities

Mphasis brought Nitin Rakesh as chief executive in January

Largely unaffected by visa issue, planning EU expansion: Mphasis

Bengaluru-based firm gets 70% of its business from the US, 20% from Europe, rests from other parts

Mphasis gets shareholder nod to buy back 1.73 crore shares

Private equity firm Blackstone had bought majority stake in Mphasis from HPE for about $1.1 billion

Continuity in acceleration is the focus: Mphasis CEO Nitin Rakesh

Rakesh took over as CEO and additional director on the Board at Mphasis with effect from January 29

Mphasis ropes in former Syntel chief Nitin Rakesh as CEO

Rakesh will take over the role from Ganesh Ayyar, whose tenure expires on Jan 28

Mphasis Q2 net marginally up at Rs 211 cr

However, revenue declined 2.4% at Rs 1,517 cr

Mphasis sets up centre for risk and compliance

It will focus on developing next-generation Governance, Risk and Compliance solutions based on artificial intelligence, cognitive computing

Mphasis Q1 net profit up 38% to Rs 204 crore

The company said that direct international revenue grew 14.7% year-on-year and 1.4% sequentially

Mphasis sets up Centre of Excellence for Blockchain technology

Mphasis private blockchain would be able to connect to the Bitcoin network, which will make the model immensely scalable, the company said

MphasiS hits 52-week high

The stock surged 10% to Rs 552 extending its past two days 7% gain on the BSE.

Mphasis slips after open offer by Blackstone at discount

Blackstone has made an open offer to acquire 26% stake at Rs 457.54 per share

Why partnering with a PE player is better for Mphasis

Mphasis is trying to diversify its non-HP business to reduce dependence on its parent; What should matter to it is what can a PE player brings to table