In a statement to exchanges, Mphasis said the news report was "speculative". (http://bit.ly/1UByV0C)
"The company does not respond to the market rumors and speculative news reporting," Mphasis said in the stock exchange disclosure.Shares in Mphasis, in which HP has a 60.5 percent stake, rose 2.1 percent in the Mumbai market which was up 0.4 percent. (Writing by Himank Sharma; Editing by Subhranshu Sahu and Anand Basu)Japan's NEC Corp in talks to buy India's Mphasis: CNBC TV18
Yuya Shino
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