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Examples
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Several of its students have joined IT giants such as Wipro, TCS, Infosys, Mphasis and IFlex Solutions.
Archive 2008-06-01 2008
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What is the price Mphasis is paying to retain H-P as a client?
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There are rumors in the market fueled by Mphasis 'declining stock price and a note to clients from CLSA Asia Pacific last week that H-P might buy out minority shareholders' interest and take Mphasis private.
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Several of its students have joined IT giants such as Wipro, TCS, Infosys, Mphasis and IFlex Solutions.
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H-P owns 60.6% in Mphasis and it is Mphasis's biggest client.
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What is your vision for Mphasis and how do you plan to achieve it?
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How fair is it to your minority shareholders that Mphasis grants discounts to majority shareholder H-P and as a result, that's weighing on the firm's margins?
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The only thing that I can say is in the last 16 months, H-P has been very professional in dealing with Mphasis.
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Ganesh Ayyar, the 49-year old chief executive of Mphasis, is willing to bear the pain of retaining its biggest client, H-P, as he expects the partnership to bring in more business volume this year.
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Three years ago, Hewlett-Packard unit EDS bought a 52% stake in Bangalore-based Mphasis.
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