Blackstone pumps Rs 525 crore in Mphasis to buy more stake

Blackstone has acquired 4.01% stake in Mphasis for about Rs 525 crore ($69 million) after its share price fell more than one-third from its year-high in mid-March in a widespread market sell off because of Covid-19

from Tech-Economic Times https://ift.tt/2w8tFBj