Page 6 - Mphasis

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