Electronic Data Systems (EDS) has decided to merge its Indian services subsidiary with MphasiS, a listed Indian outsourcer in which EDS acquired a majority share in June, the companies announced ...

Infosys, MphasiS and other IT stocks drag the Nifty lower, while Waaree Energies and Mobikwik defy the slump. Here’s what’s ...

In its model portfolio, Emkay Global has added Indus Towers, SRF, Infosys, and HCL Technologies, while exiting Sun ...

Mphasis, Infosys, LTIMindtree, HCL Technologies and Tata Consultancy Services (TCS) were the top gainers on the Nifty IT index. All the index constituents rose in the range of 2%-4%.

Electronic Data Systems (EDS) announced Thursday that it has succeeded in its efforts to scoop up 83 million shares of Indian outsourcer MphasiS BFL, giving it a majority stake in the company.

Shares of Mphasis Ltd are set for a nearly 50% upside despite the AI disruption fears, which have caused bloodbath on Dalal Street. The stock is likely to reach Rs 3,400 mark in a year, said brokerage ...

Concerns around terminal value and AI-led disruption may restrict Mphasis' near-term multiple re-rating, adds the brokerage.

Nuvama says valuations of major IT stocks such as Coforge, LTIMindtree, Infosys and TCS have turned attractive after the recent correction and expects strong returns over the next 12–15 months.