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General

08 March, 2021

Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC

ata Motors, Mahindra and Mahindra, Ashok Leyland and others are eyeing a 26% stake in state-run defence equipment maker BEML,...

TMT

25 February, 2021

Carlyle emerges as sole bidder for Blackstone-backed Mphasis

Private equity major Carlyle has emerged as the sole bidder for Blackstone-owned infotech company Mphasis, persons told The Economic...

General

04 January, 2021

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due diligence for buying a controlling...

General

23 November, 2020

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

Blackstone India senior managing director Amit Jain is set to quit but yet to formally put in his papers, Bloomberg ......

TMT

29 January, 2019

Jerry Rao and Ideaspring Capital make fresh bets; XSEED buys Report Bee

Kutuki, an early learning content platform for pre-school children, has raised an undisclosed amount in a pre-seed round from...

Premium

TMT

28 January, 2019

Blackstone churns out $74 mn afresh from India portfolio

Private equity firm Blackstone Group has pulled out a significant sum from its India portfolio as it continues harvesting returns...

General

18 May, 2018

Genpact unit Headstrong on sale; Kedaara-Partners Group may buy Vishal Mega Mart

IT companies Hexaware Technologies Ltd, Mphasis Ltd and L&T Infotech Ltd are among the potential bidders for business process outsourcing ......

Premium

TMT

14 May, 2018

How much did Blackstone make from fresh Mphasis partial exit?

Blackstone Group has struck its second partial exit from Mphasis Ltd within two years of its investment, taking out bulk ......

TMT

08 February, 2018

Mphasis ties up with HPE marketplace for cloud services

Bengaluru-headquartered IT company Mphasis has tied up with Hewlett Packard Enterprise's cloud computing community and marketplace Cloud28+ for specific solutions ......

TMT

06 January, 2017

Tech industry faces a volatile year ahead

“The road ahead is long and not easy. The mountains ahead are tall ones. But there is no other way ......

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