Will Blackstone turn the corner in India with Mphasis buy?

Will Blackstone turn the corner in India with Mphasis buy?

Blackstone Group Lp, which has had a miserable run in India, appears to have struck a decent deal for its investment in Mphasis Ltd. It has valued Hewlett Packard Enterprise’s (HPE’s) stake at $825 million (around Rs.5,460 crore), or Rs.430 per share.

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