DXC Technology plans to hire over 10000 people in India this year with a strong focus on candidates with digital technology skills, as the company looks to transform faster remain competitive. The US-headquartered tech services major, which was founded in 2017…
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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 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…
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While the startup ecosystem is struggling to keep afloat as funds are drying up, here is another story -- of a founder who believes that his company can take on global rivals, and even go global. “The winner in the…
Capgemini Group, a French information technology services firm with half of its global workforce in India, is planning to make the country its “backbone” by doing more research and development (R&D) work out of India. Capgemini acquired Bengaluru-based IT services…
Private equity player Blackstone India announced that it will buy Bengaluru-based Mphasis for ₹7,100 crore, making it the largest deal in India and bringing to a close speculation over the future of Mphasis. The PE major will acquire Hewlett-Packard’s 60.5…
