• search

The MphasiS Board met in Delhi to-day

Written by: Staff
|

Bangalore, Apr 4:  The Board complimented the MphasiS management team on building a world class organization that has attracted the interest of the world's second largest IT Services company. The Board acknowledged that partnership with a leading company like EDS will enable MphasiS to broaden its offering to its customers and also provide enhanced prospects to the employees. The Board looks forward to the management continuing to maintain the tradition of the highest standards of customer service and delivery.

Following a discussion, the Board resolved as follows:


"Resolved that the Board of MphasiS has taken note of the offer from EDS and sees it as a positive endorsement of the company's strengths and welcomes  EDS' interest. The Board will support fully whatever action shareholders take with respect to this offer."

Speaking on behalf of the Management, Jerry Rao Chairman and CEO of MphasiS  said "We are supportive of this transaction and look forward to its  successful closure. We are very excited about the opportunities for growth and the potential for enhancing our customer offering." Setting at rest  speculative stories, Rao added "I intend to live in India and look forward to continuing to run MphasiS."

OneIndia News

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more