Broad-based buying lifts IT stocks as rupee weakness and global cues boost sentiment, even as JP Morgan trims targets across the sector.

MUMBAI (Reuters) - Blackstone Group is buying a majority stake in Indian IT outsourcing services provider Mphasis Ltd from Hewlett Packard Enterprise Co in an up to $1.1 billion deal, in the U.S.

Shares of Mphasis will be in focus on Friday morning after the IT firm said announced acquisition of Sonnick Partners (doing business as Silverline), a digital transformation consultancy and ...

~ Combined strengths will deliver portfolio of innovative and groundbreaking solutions to change the cost and compliance dynamics of highly regulated industries such as BFSI, healthcare, logistics, ...

The Digital Naukri Challenge yesterday named four finalists who will each aim to place 5,000+ women in flexible digital jobs ...

Hewlett Packard Enterprise has unloaded its majority stake in Bangalore, India-based solution provider Mphasis to private equity giant Blackstone Group in a deal valued at $825 million. The ...

The AI landscape is experiencing rapid growth - McKinsey estimates that generative AI could contribute up to $4.4 trillion in annual global productivity. However, despite widespread adoption, many ...

IT stocks gain up to 3% led by Mphasis, Infosys, Tech Mahindra as weak rupee at 93.88 boosts export earnings amid Iran-US ...

Mphasis Ltd’s Q3FY26 performance reflects steady demand from banking and financial services clients, with AI-led deals boosting its pipeline for future growth.

Compared to the previous quarter, the revenue grew by 0.31% and the profit increased by 2.87%. Selling, general & administrative expenses declined by 1.48% q-o-q & increased by 5.31% Y-o-Y. The ...

The Digital Naukri Challenge yesterday named four finalists who will each aim to place 5,000+ women in flexible digital jobs ...