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Latest from RSS: The IT shakha

There was this talk that Bangalore was increasingly becoming like the West. That the youngsters had started aping the West and there was an indication that the culture of this once laid back city......

Tech Mahindra, L&T Infotech eye HP's stake in MphasiS

Private equity giants Carlyle Group LP and Blackstone Group LP as well as Indian outsourcers L&T Infotech and Tech Mahindra Ltd, are lining up bids for Hewlett-Packard Co's $1 billion stake in......

Jerry Rao invests in Orchid Hotels

ITeS company Mphasis chairman Jerry Rao has invested an undisclosed amount in Royal Orchid Group of Hotels after joining the group's board of directors.His investment comes within days after......

Mphasis to acquire Princeton Consulting of UK

IT and BPO firm Mphasis BFL Group said on Monday it is buying UK-based Princeton Consulting, whose largest customer is British Telecom, in an all-cash deal for 7.73 million (Rs 64 crore).The......

Mphasis BFL to buy Kshema Tech

Mphasis BFL Group has entered into a definitive agreement to acquire Kshema Technologies for approximately $21 million through a combination of stock and cash.Reports say that the deal has a cash......

MphasiS consolidated net up 57% in Q3

MphasiS BFL group has reported a 56.76 per cent rise in consolidated net profit for the third quarter ended December 31, 2003 at Rs 28.50 crore (Rs 285 million) compared to Rs 18.18 crore (Rs 181.8......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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