Mphasis private blockchain would be able to connect to the Bitcoin network, which will make the model immensely scalable, the company said
The stock surged 10% to Rs 552 extending its past two days 7% gain on the BSE.
Blackstone has made an open offer to acquire 26% stake at Rs 457.54 per share
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