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1 min read
IT services company Mphasis reports 4.66% dip in Q1 2023-24 revenue
The company registered a revenue of Rs 3,252 crore, a 4.66 per cent decline from Rs 3,411.2 cro…
PTI
4 mins read
IT stocks rally on core market pick up hope but is the sector out of the woods yet
Shares of IT services companies have been gaining momentum, with the Nifty IT index rising by 9.7% …
5 mins read
Recession will be an opportunity for IT services firms focused on transformation: Mphasis CEO
Companies focused on maintaining legacy technology platforms will have to battle cost take-outs as …
5 mins read
Infosys to lead the pack this earnings season while margin pressure will continue for two quarters
Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …
4 mins read
Mphasis aims to be a $10 billion company in the next 3-5 years — that's twice its current size
The Blackstone-backed Indian information technology (IT) player, Mphasis, is looking to enter the b…
2 mins read
Mphasis to provide multi-cloud experiences to customers with VMware Tanzu
Mphasis has rolled out an Innovation Lab for VMware Tanzu to drive hybrid and multi-cloud experienc…
4 mins read
Sustainability forum: How the tech sector continues to enable sustainability transitions in India
From efficient ESG management to net-zero carbon emissions, Indian tech companies are gradually rai…
Mphasis aims to be a $10 billion company in the next 3-5 years — that’s twice the current size
The Blackstone-backed Indian IT mid-cap aims to break into the large-cap league that features the l…
5 mins read
IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts
Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…
4 mins read
INTERVIEW: Mphasis CEO explains why he is hiring fewer people even when a lot of employees are leaving the firm
Bengaluru-based midcap information technology (IT) company Mphasis seems to be unaffected by the in…
7 mins read
There are one of only 17 Indian companies out of 500 that aced the Du Pont test
Du Pont Corporation in America used a method to calculate the return on equity— which shows how pr…
4 mins read
Gap between IT sector’s leaders and laggards to widen further in FY24, says Kotak Institutional Equities
The gap between the leaders and laggards in the Indian IT sector is expected to widen further in FY…
4 mins read
Mid-tier IT companies expected to outperform the big guns
Indian mid-tier IT companies, including L&T Technology Services, Persistent Systems, and Coforge, a…
3 mins read
US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain
While the market momentum is weak on Friday, information technology (IT) company stocks are the out…
3 mins read
Top stock movers — Tata Motors, SBI Cards, Cochin Shipyard, Zydus Cadila, Cipla, Dr Reddy’s, MphasiS, and others
Indian stock market indices opened on a higher note on Friday, tracking gains in index majors HDFC …
6 mins read
TCS, Infosys, L&T triplets tank on US troubles — wiping $10 billion off tech wealth
Indian tech giants TCS, Infosys, L&T's tech triplets and other stocks tanked, reflecting a global m…
2 mins read
Cognizant faces the worst attrition rate in the industry, hires record number of employees to fill the gap
The Indian information technology (IT) industry is reeling with a very high number of employees lea…
7 mins read
Happiest Minds is a smaller company that does the same thing as MindTree and L&T Infotech — but clearly it is doing it a lot better
Nomura believes this momentum will continue to build as a result of ramp up in deals and partn…
4 mins read
HCL Tech and Tech Mahindra may post better earnings as Euro bank crisis affects Infosys, Wipro
The third quarter of the financial year is seasonally weak for IT companies, for some more than oth…
1 min read
Mphasis shifts 2,000 employees to Karvy
Mphasis has sold a part of its India business to Karvy Data Management Services. This will lead to …