Mphasis Ltd
TMT
Blackstone seeks Mphasis deal approval from antitrust body
The Blackstone Group has sought the antitrust body’s approval to roll over its investments in Bengaluru-based information technology firm Mphasis ......
TMT
ADIA, UC Investments join $2.8 bn deal as Blackstone rolls over Mphasis stake to new fund
The Blackstone Group has rolled over its investments in Mphasis Ltd to a new fund after dropping its attempt to ......
General
Grapevine: MobiKwik starts IPO process; Carlyle frontrunner for Mphasis deal
Fintech startup MobiKwik has appointed investment banks ICICI Securities and IIFL, besides a few law firms, to kickstart work on ......
TMT
Blackstone-controlled Mphasis acquires British data engineering firm
Indian software services company Mphasis Ltd said Thursday it has purchased UK-based data engineering and consulting firm Datalytyx Ltd for ......
Manufacturing
Blackstone earns stellar returns in partial exit from Essel Propack
Blackstone Group Inc., the world’s largest private equity firm, has sold nearly a third of its stake in Essel Propack ......
Finance
This lender is now Blackstone's No.2 India bet after raising fresh capital
Blackstone Group has injected an additional amount into a financial services company that it had acquired last year, making it ......
TMT
IT firms, call centres scramble to stay functional as India locks down
As the coronavirus pandemic pushes India into a lockdown, the call centres and IT services firms that function as the ......
TMT
Blackstone's biggest India deal just got a little bigger
Blackstone Group Inc, the world’s largest private equity investor, has raised its exposure to an Indian software services firm as ......
TMT
Value Lens: Is Baring PE Asia paying the right price for NIIT Technologies?
India’s information technology services industry has long been a favourite of overseas private equity investors. The PE firms’ interest in ......
TMT
Value Lens: Has L&T's hostile bid for Mindtree come in at a premium or a discount?
Mergers and acquisitions are not uncommon in India's $167-billion information technology industry. Usually, either the buyer or the target is ......