Page 4 - Mphasis
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 ropes in former Syntel chief Nitin Rakesh as CEO")
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
 "Why partnering with a PE player is better for Mphasis")
