Mphasis Hires Former Cognizant Executive Mike Meyer for Sales Strategy
Mphasis has appointed former Cognizant executive Mike Meyer as the head of strategic sales. He will lead teams to close large and important deals. Mike...
Tag : Mphasis
Mphasis Shares Jump 2% Despite Missing Street Forecast for Q4
Shares of mid-sized IT company Mphasis rose about 2% on April 28, even as the company reported poor fourth-quarter results and missed Wall Street expectations....
L&T Hit Hard as IT Contagion Puts LTIMindtree, L&T Tech Services in Trouble
Shares of Larsen & Toubro (L&T) tumbled on April 17 as IT sector companies it owns sold off heavily after Infosys, the country’s second-largest IT...
Mphasis Shares Rise on Clarification of No Exposure to Collapsed US Banks
Mphasis shares climbed in early trading on March 29 after the company clarified that it had no exposure to the three US banks that have...
Mphasis Hits 7-Month Low as Deals Take Longer to Turn into Revenue
Foreign brokerage Citigroup gave the stock a “sell” rating after management at mid-cap IT company Mphasis said deal wins would take longer to translate into...
IDBI Bank, Patanjali Foods Shares Rise After FTSE Listing
Shares of IDBI Bank and Patanjali Foods rose more than 2% on February 20 after being included in the FTSE All World Index. Kotak Mahindra...
Adani Wilmar, Varun Beverages to be Included in Nifty Next 50
As part of the semi-annual review of the National Stock Exchange’s broader market index, Adani Wilmar, Varun Beverages, Canara Bank, Page Industries, and ABB India...
NSE to Include Adani Wilmar, Adani Power in Few Indices from March 31
Leading stock exchange NSE has adjusted the constituents of its main indices, Adani Wilmar and Adani Power. Both companies of Adani Group will be included...
NSE to Replace Stocks in 42 Indices, Remove Paytm from Nifty Next 50
The National Stock Exchange has announced the replacement of 42 stocks in Nifty Next 50, Nifty 500, Nifty 100, Nifty 200, Midcap 150, Midcap 100,...
Mphasis Slumps After Muted Q2 Performance
On a consolidated basis, the net profit of Mphasis reported a 4.1 per cent rise on a 3.2 per cent increase in net sales to...