Mphasis concludes sale of certain domestic business to KDMSL

02 Sep 2015 Evaluate

Mphasis has concluded the sale of certain domestic business to Karvy Data Management Services effective September 01, 2015. The company had on July 10, 2015 signed a definitive agreement to transfer a portion of its domestic business, subject to regulatory approvals, to Karvy Data Management Services (KDMSL) - a provider of business and knowledge process services in India. With this agreement, over 2000 employees would be transferred to KDMSL.

Mphasis is a $1 billion global service provider, delivering technology based solutions across industries, including Banking & Capital Markets, Insurance, Manufacturing, Media & Entertainment, Telecom, Healthcare, Life Sciences, Travel & Transportation, Hospitality, Retail & Consumer Goods, Energy & Utilities, and Governments around the world.


Mphasis Share Price

2391.05 -8.40 (-0.35%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
TCS 3883.55
Infosys 1498.80
HCL Tech. 1543.30
Wipro 480.05
Tech Mahindra 1250.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.