Mphasis Eyes Double-Digit Revenue From Blackstone

Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…

DXC’s Acquisition of Luxoft Will Likely Reduce Its Dependency On Mphasis

DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…

KPIT-Birlasoft Deal: Mid-sized IT Companies Can Follow New Model

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Private Equity Firms See Gold In Mid-Size Indian IT Firms

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Wyde Pitches For The Trillion-Dollar Insurance Market

While it may not be one of those typical posh offices in Manhattan’s Park Avenue, the office of Wyde.com is nonetheless upscale for a small technology business. At building No. 460, Rajesh Makhija, CEO of the $50-million software product SMB,…

“The World Better Be Ready For Automation”: Ganesh Ayyar Of Mphasis

About two years ago, Ganesh Ayyar, CEO of Mphasis Ltd, began interacting with his younger, digitally-native employees to understand the moorings of a new generation. In his interactions he noticed deep underlying currents that could completely change the way these…