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Mphasis Group

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Hungry IPOs Carve A Heft Slice Of Mutual Funds

In November, six primary market issuances accounted for more than 13,000 crore of net equity investments by MFs. Illustration: Dominic Xavier/Rediff   The ongoing flurry of IPOs is absorbing a......

Mid-tier IT firms outpaced larger peers' growth in FY25

Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic......

MphasiS to hire 2,000 in Sri Lanka

IT services provider Mphasis on Wednesday said it will open a centre in Sri Lanka by the middle of next year, for which it will hire 2,000 people. MphasiS Sri Lanka, a fully-owned subsidiary of......

Promoter dilution in small, midcaps surges

The controlling shareholders of smaller and mid-sized companies are reducing their stakes at levels seldom seen since the 2008 global financial crisis. Illustration: Dominic Xavier/Rediff.com......

MphasiS set to buy AIG's Indian unit

IT and BPO services provider MphasiS on Wednesday said it is set to acquire AIG Systems Solutions (AIGSS), part of the troubled insurance giant American International Group Inc, for an undisclosed......

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