New Delhi, May 20 -- Blackstone has pledged its entire 30.55% stake in Mphasis Ltd and raised an estimated $700 million, an executive said, to refinance a loan taken to fund the private equity firm's ... Read More
BENGALURU, May 18 -- A month after Tata Consultancy Services Ltd (TCS) completed its largest retrenchment exercise, laying off about 2% of its workforce, the company asked managers during its latest a... Read More
BENGALURU/MUMBAI, May 6 -- Blackstone-owned Mphasis Ltd has filed a lawsuit in a US court against rival Coforge Ltd, accusing the Noida-based IT services firm of hiring its employees in violation of c... Read More
New Delhi, April 6 -- Tata Consultancy Services Ltd was long revered as one of the safest private-sector employers. But layoffs driven by an artificial intelligence-powered upheaval and deep cuts to v... Read More
New Delhi, March 12 -- Three of theworld's largest IT services companies, Capgemini SE, Cognizant Technology Solutions Corp., and EPAM Systems Inc., have found a seemingly contrarian hack to both grow... Read More