Ganesh Ayyar

"There is continuity of a lot of things that involves business, that will really be the focus, especially can we accelerate within that continuity," Rakesh told reporters in response to a question.

Mphasis appoints Nitin Rakesh as CEO

Rakesh, who was till recently the chief executive and president of Syntel Inc, has a track record of delivering profitable growth at industry leading operating margins, the company said in a release.

Decline in HP biz has probably come to a halt, says Mphasis CEO

Shares of Mphasis dipped nearly 3 percent after reporting a lacklustre quarterly performance. The CEO & ED Ganesh Ayyar tells CNBC-TV18 that the decline in Hewlett-Packard (HP) business has come to a halt.

Mphasis' core business will outperform market in FY17: CEO

In an interview with CNBC-TV18, Ganesh Ayyar, CEO and ED of Mphasis along with CFO, V Suryanarayanan gave future guidance for the company finances and its business plans.

Mphasis Q1 net profit up 38% to Rs 204 crore

The company's income from operations rose 1.5 percent year-on-year to Rs 1,516.6 crore in June quarter.

Operating profit margins to grow 13-15% in FY17: Mphasis

It was in the news recently when Blackstone Group agreed to buy out Hewlett Packard Enterprise‘s (HPE) majority shareholding in the IT services provider in a deal worth up to Rs 7,071 crore. This deal is on track, says Ganesh Ayyar, CEO of Mphasis.

Co closer to generating higher shareholder value:Mphasis

Mphasis looks to acquire companies that fall in the intersection between digital, risk, compliance and governance, says chief Ganesh Ayyar.

Blackstone deal to aid growth in non-HP business: Mphasis

The value of deal not yet confirmed and there is no specific timeline for the deal to be completed, says Ganesh Ayyar, CEO, Mphasis.

Mphasis Q3 net profit up 7.2% to Rs 173.6 cr

The company had posted a net profit of Rs 161.9 crore in the same quarter last fiscal, Mphasis said in a BSE filing.

Mphasis does not see itself as an offshore company: CEO

In an interview with CNBC-TV18, Ganesh Ayyar, CEO and ED, Mphasis, said that the company looks to move to the 13-15 percent margin band.

Mphasis-Karvy deal gets Competition Commission nod

Giving its green signal, the fair trade regulator said the proposed deal is not likely to have an appreciable adverse effect on competition in India. Under the combination, Karvy Data Management will acquire Mphasis' domestic business process management or outsourcing (BPM/BPO).

Mphasis Q1 net profit dips 10.6% to Rs 156.26 crore

HP-owned IT services firm Mphasis on Wednesday posted a 10.6 percent dip in net profit at Rs 156.26 crore for the quarter ended June 30, 2015.

Mphasis sells residual BPO biz to Karvy for Rs 2.75 cr

Ganesh Ayyar, CEO and ED, Mphasis says this deal is in line with the strategic roadmap adding "we have chosen to focus on government‘s digital compliance and infrastructure management.”

Mphasis jumps 5%, transfers domestic biz portion to Karvy

"Mphasis announced the signing of a definitive agreement to transfer a portion of its domestic business to Karvy Data Management Services (KDMSL)," said the IT services provider in its filing, adding it is subject to regulatory approvals.

Mphasis signs pact with HGS to transfer part of local biz

Mphasis, a leading IT services provider, has announced the signing of a definitive agreement to transfer a significant portion of its domestic business, to Hinduja Global Solutions (HGS). HGS is a global BPM leader in optimizing customer experience for clients.

Mphasis launches HyperGraf for big data analytics

Mphasis Next Labs, launched in March this year, is a strategic initiative to research and innovate on emergent and future paradigms.

See end of de-growth in Digital Risk: MphasiS

HP-owned IT services firm MphasiS reported a consolidated net profit of Rs 161.96 crore for the third quarter ended December 31, 2014.

MphasiS slips 1.5%, Oct quarter net falls to Rs 190 cr

HP-owned IT services firm which follows November-October fiscal, posted a 9.12 percent drop in its net profit to Rs 190.22 crore year-on-year on account of higher taxes and increase in interest costs.

Target 1.5 times industry growth in FY14: MphasiS

Speaking to CNBC-TV18, Ganesh Ayyar, chief executive officer, MphasiS says the company will not be far too affected by the recent rupee depreciation as it has a long-term hedge against the currency volatility. The efficiency of this hedge has protected the company from steep currency movements.

MphasiS Q3 net dips 8% to Rs 192.6cr on wage hike

The Hewlett Packard-owned company posted a net profit of Rs 208.7 crore during the same quarter last year, MphasiS said in a statement here. MphasiS follows a November-October financial year.

MphasiS sees continued decline in HP Enterprise business

Software services provider MphasiS expects Enterprises Services business coming via its parent HP will continue to decline over next few quarters before it hits stability.

MphasiS Q3 cons net up 7% YoY to Rs 209 cr

Software services provider MphasiS' third quarter (May-July) consolidated net profit rose 7% from a year ago to Rs 209 crore.

MphasiS to focus on growing direct business to boost profit

Software services provider MphasiS once again disappointed the street with a near 19% decline in consolidated net profit in its first quarter (November-January), but says it is now making all efforts including increasing utilization and growing direct business to ensure profitability.

MphasiS Q3 PAT dips, but says it's been a satisfactory qtr

IT major MphasiS consolidated profit for the third quarter fell 10%. Talking about the numbers, chief executive officer, Ganesh Ayyar and chief financial officer, Ganesh Murthy said, "We have delivered a satisfactory quarter."

MphasiS to acquire software vendor Wyde

IT services company MphasiS has entered into an agreement to acquire Wyde Corp, an international software vendor and creator of insurance policy administration solution Wynsure in an all cash deal.