Kumar will continue to lead the India business and further strengthen the country's strategic positioning for NEC Group, the company said in a statement.
CNBC-TV18‘s Kritika Saxena says that NEC is very interested in acquiring Mphasis and if talks progress, it could began the due diligence process from March.
Media reports on Tuesday said Lenovo, the world's No. two maker of personal computers, is setting up a joint venture with Japan-based multinational NEC Corp to focus on smartphone manufacturing and distribution.
China's Lenovo Group is in talks with Japan's NEC Corp for a joint venture in personal computers, two sources with direct knowledge of the matter said, in a deal that would help them take on larger global rivals.
China's Lenovo Group is in talks to take a controlling stake in the PC business of Japan's NEC Corp in a deal that would help it close the gap with larger global rivals, the Nikkei newspaper said.