UPDATE 2-Blackstone offers to buy additional stake in India's Mphasis for $1.11 bln Reuters 3 hrs ago Popular Searches By Anuron Kumar Mitra BENGALURU, April 26 (Reuters) - Private equity firm Blackstone Group Inc on Monday offered 82.62 billion rupees ($1.11 billion) to buy an additional 26% stake in Indian IT outsourcing services provider Mphasis Ltd. The offer for the additional stake is part of a deal, which will see a consortium of five funds, including Blackstone, Abu Dhabi Investment Authority and Singapore's GIC, take a 75% stake in Mphasis worth between $2.0 billion to $2.8 billion, according to a person with knowledge of the transaction. Blackstone, the world's largest manager of alternative assets such as private equity and real estate, bought around 61% stake in Mphasis from Hewlett Packard Enterprise Co in 2016 in a deal worth up to $1.1 billion, betting on a double-digit growth in India's information technology industry.