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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…
Read More DXC Technology To Hire 10,000 People In India With Focus On Digital
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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…
Read More DXC’s Acquisition of Luxoft Will Likely Reduce Its Dependency On Mphasis
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Every shareholder is happy when a share buyback is announced. Some even pressure companies to repurchase shares because they see no value in remaining shareholders of the company. And sometimes it is the management that wants to be free of…
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,…
Read More Wyde Pitches For The Trillion-Dollar Insurance Market
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…
Read More Blackstone India takes Mphasis off HP’s hands for ₹7,100 crore
HP’s decision to split its business could further impact Mphasis outsourcing business and lock horns with the technology giant in some business areas. According to Sanchit Vir Gogia, Chief Analyst & Chief Executive Officer of Greyhound Research, with this move,…
Earlier this year, MphasiS, the bangalore based software services player, unveiled its new logo with great fanfare. The logo had a new visual appeal, with the subtext ‘Unleash the Next’, in place of ‘An HP Company’ earlier. Speaking on the occasion,…
Read More #GreyhoundInMedia: Lacking Emphasis #Press #Media #HP #MphasiS