Cambodia is expected to see a 6.6-per cent rise in its economy in 2024 from 5.6 per cent in 2023, the country's Prime Minister Hun Manet said here on Tuesday.
India Business News: PNB Housing Finance reported a 26% increase in net profit to Rs 338 crore for the third quarter. Total revenue fell to Rs 1,755 crore. Gross NPA declined to 1.73%.
Vietnam's gross domestic product (GDP) is projected to grow by 6 per cent in 2022, Vietnam News Agency cited the International Monetary Fund (IMF) as reporting on Friday.
Blackstone in deal to buy majority stake in Mphasis
April 26, 2021
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PE Fund to invest up to $2.8 billion to pick up 26 per cent more through rights issues
Blackstone on Monday said that the private equity funds managed by it have entered into definitive agreements to acquire a majority stake in Mphasis Ltd.
A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments and other long-term investors will co-invest along with Blackstone. Mphasis is one of the leading providers of information technology services, specialising in cloud and digital solutions. It has deep domain expertise in banking, financial services and insurance sectors (BFSI) and serves 35 of the top 50 US BFSI firms. Mphasis also has long-term relationships with multiple marquee global customers.