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Mphasis
Mphasis Limited is an Indian multinational information technology service and consulting company based in Bengaluru. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services. It serves financial services, telecom, logistics, and technology industries. Mphasis was ranked #7 in Indian IT companies and overall #189 by Fortune India 500 in 2019. In April 2016, Hewlett Packard Enterprise sold the majority of its stake in Mphasis to Blackstone Group LP for around US$1 billion. History Formation and early years Mphasis was formed in June 2000 after the merger of the US-based IT consulting company Mphasis Corporation (founded in 1998 in Santa Monica by Jerry Rao and Jeroen Tas.) and the Indian IT services company BFL Software Limited (founded in 1992). In June 2006 Electronic Data Systems (EDS) purchased a controlling stake in the company (4 ...
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Nitin Rakesh
Nitin Rakesh, an Indian-American businessman, author, and philanthropist, is currently the Chief Executive Officer and Director of Mphasis. Prior to that, Rakesh was Syntel's CEO and president, as well as CEO and Managing Director of Motilal Oswal Asset Management Company Ltd., and as Chief Executive of State Street Syntel Services, a joint venture between Syntel and State Street Bank. Early life and education Rakesh grew up in a small town on the outskirts of New Delhi and was active in sports and athletics. In high school, he was a Quiz master as well as an active member in student leadership. He completed his schooling from Apeejay School, Faridabad and St. Joseph's Convent, graduating in 1989. He moved to Delhi to earn his Bachelor of Engineering degree in Computer Science from Delhi Institute of Technology DIT (now Netaji Subhas University of Technology NSUT). Rakesh completed his Master's in Management Studies from SVKM's NMIMS, Mumbai in 1995. He is an alumnus ...
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Jerry Rao
Jaithirth "Jerry" Rao is an Indian businessman and entrepreneur. He is the founder and former CEO of the software company Mphasis. He is the founder of Value and Budget Housing Corporation (VBHC) (now known as VBHC Value Homes Pvt. Ltd.), an affordable housing venture which he founded in 2008Official website. He was also a founder and director of Home First Finance Company, a Housing Finance company focused on providing housing finance to first time home buyers. He was also a member of the editorial advisory board of the '' Swarajya'' magazine. In 1998, Rao started Mphasis Corporation, a software company based in California, which subsequently merged with BFL Software in 2000. MphasiS rapidly rose to be one of the top 10 IT/BPO companies in India. In 2008, EDS acquired a majority stake in MphasiS. Mr. Rao stayed on as non-executive chairman of MphasiS and for some time as advisor to EDS. Rao held several positions in Citibank prior to his founding MphasiS in 1998. In a banking ...
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Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in seed capital. The founders derived their firm's name from their names: "Schwarz" is German for ...
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List Of IT Consulting Firms
The following is a list of the largest notable information technology consulting In management, information technology consulting (also called IT consulting, computer consultancy, business and technology services, computing consultancy, technology consulting, and IT advisory) is a field of activity which focuses on advising or ... firms in the world, along with their corporate headquarters location and the total number of consultants they have. Many of these serve primarily as third-party consultants and outsourcing partners. Many enterprise software companies employ their own consultants for services related to their own products. Among the corporations listed below, the number of consultants listed is less than their total number of employees. Note: Not all employees of these firms are consultants and firms with less than 10,000 employees are not included. By continent Asia Europe North America South America References {{DEFAULTSORT:IT consulting firms Cons ...
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Hewlett-Packard
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company. It was founded by Bill Hewlett and David Packard in 1939 in a one-car garage in Palo Alto, California, where the company would remain headquartered for the remainder of its lifetime; this HP Garage is now a designated landmark and marked with a plaque calling it the "Birthplace of 'Silicon Valley. HP developed and provided a wide variety of hardware components, as well as software and related services, to consumers, small and medium-sized businesses (small and medium-sized enterprises, SMBs), and fairly large companies, including customers in government sectors, until the company officially split into Hewlett Packard Enterprise and HP Inc. in 2015. HP initially produced a line of electronic test and measurement equipment. It won its first big contract in 1938 to provide the HP 200B, a variation of its first product, the HP 200A low-distor ...
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Jeroen Tas
Jeroen Tas (born May 6, 1959) is a Dutch entrepreneur and senior executive in the healthcare, information technology and financial services industries. In February 2017, he assumed the role as Chief Innovation & Strategy Officer at Philips Healthcare, a position he held until July 2021. He currently works on Strategic Business Development and is also a member of the executive committee at Royal Philips. Prior to his current role, he was named CEO of Connected Care and Health Informatics in February 2016, a cluster of five Philips business groups focusing on patient monitoring and therapeutic care, population health, healthcare IT, healthcare transformation services and the development and deployment of the Philips HealthSuite cloud platform. Before that, Tas led the Philips Healthcare Informatics Solutions and Services Business Group. Education Tas is a native of the Netherlands. He earned a master's degree in computer science and business administration from the Free Univers ...
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Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, information on financial quotations, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centres: Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow the ''Financial Times'' to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Ti ...
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The Hindu
''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It was founded as a weekly publication in 1878 by the Triplicane Six, becoming a daily in 1889. It is one of the Indian Newspaper of record, newspapers of record. , ''The Hindu'' is published from 21 locations across 11 states of India. ''The Hindu'' has been a family-owned newspaper since 1905, when it was purchased by S. Kasturi Ranga Iyengar from the original founders. It is now jointly owned by Iyengar's descendants, referred to as the "Kasturi family", who serve as the directors of the holding company. Except for a period of around two years, when Siddharth Varadarajan, S. Varadarajan held the editorship of the newspaper, senior editorial positions of the paper have always been held by members of the original Iyengar family or by those appointed by them under their direction. In June 2023, the former chairperson of the group, Malini Parthasarathy, w ...
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Abu Dhabi Investment Authority
The Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi in the United Arab Emirates, founded to invest funds on behalf of the Government of Abu Dhabi. It manages the emirate's excess oil reserves and is estimated to manage $1.057 trillion. ADIA is one of the largest sovereign wealth funds in the world. ADIA's operations have been characterized as secretive and opaque. History In 1967, Abu Dhabi emirate created the Financial Investments Board which operated within its Department of Finance and was responsible for managing the Emirate's excess oil revenues. However, in 1976, Sheikh Zayed bin Sultan Al Nahyan, the founding president of the United Arab Emirates, converted it into the Abu Dhabi Investment Authority. The goal was to invest the Abu Dhabi government's surpluses across various asset classes, with low risk. At the time it was novel for a government to invest its reserves in anything other than gold or short-term credit. Even ...
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