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Mphasis To Ride AI Wave With New Platform 'Trai', Unveils Two New Product Lines
Alongside Tria, Mphasis also introduced two product lines — "Mphasis Modernize" and "Mphasis Optimize" — through which the platform will be deployed in enterprise transformation projects.
Mphasis unveils ‘Tria’ enterprise AI platform, launches new product lines
Mphasis has launched Tria, an enterprise AI platform designed to help businesses move from experimentation to execution, alongside new product lines aimed at modernisation, automation and operational optimisation.
Mphasis to Glenmark - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment
The Indian stock market is set to open lower, with the Gift Nifty at 23,882, down 97 points. Benchmark indices fell on profit-taking and rising crude oil prices, leading to cautious sentiment. Nifty 50 faces immediate hurdles at 24,100 and support at 23,800.
Blackstone pledges all its Mphasis shares to raise $700 million and refinance loan
Blackstone has pledged its 30.55% stake in Mphasis Ltd to refinance a loan, raising at least $700 million. This marks the first instance of an IT services company owner using shares as collateral for loans, amid declining stock prices in the sector.
JM Fin sees mid-tier IT outperforming largecaps; Mphasis among top picks
Within the sector, JM Financial sees mid-tier IT companies outperforming large-caps and has identified Infosys among the top-six players, Mphasis in the mid-tier space, and Sagility among business pr
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
Mphasis Ltd down for fifth straight session
Mphasis Ltd is quoting at Rs 2106.7, down 0.4% on the day as on 13:19 IST on the NSE. The stock tumbled 18.99% in last one year as compared to a 4.93% slide in NIFTY and a 26.5% fall in the Nifty IT index.
Persistent Systems, Infosys lead sell-off in IT stocks; index extends weekly drop to 7%
Among the worst hit were Persistent Systems, Coforge, Mphasis and LTIMindtree, which declined between 3% and 5%. Heavyweights including Wipro, Tata Consultancy Services and Infosys were down 2% to 3%.
India's mid-tier IT firms narrow new business gap with the larger rivals
Coforge, Mphasis and five similar companies saw growth moderate, but their decline in new business in FY26 was slower than that of the country’s six largest software exporters, which include the likes of Tata Consultancy Services (TCS) and Infosys.
Mphasis sues Coforge in US court over employee hiring, client exposure claims
Blackstone-owned Mphasis has alleged that rival Coforge recruited its employees in breach of contractual restrictions and gained access to confidential client information tied to Charles Schwab, intensifying scrutiny over non-compete enforcement in India’s IT services sector.
Mphasis shares gain after Q4 results, board recommends final dividend of ₹62
Mphasis' revenue in US dollar terms was up 2.6% to $462 million compared to $451.4 million in the previous quarter. Its total contract value (TCV) was at $407 million in the March quarter compared to $390 crore in the previous year and $428 crore in the previous quarter.
Q4 Results Highlights: Indegene profit falls 32%, RPG Life revenue up 24%
Q4 Results Highlights: Major companies including Bajaj Finance, Adani Power, Vedanta, MOIL, Mphasis, Navin Fluorine, Waaree Energies and Bandhan Bank reported their Q4 earnings on Wednesday, while a host of financial, energy and midcap firms also announced results, keeping markets active ahead of a holiday-shortened week.