The same shareholders who backed former CEO Phaneesh Murthy on daring acquisitions, decided to sell iGate rather than run it under Vemuri.

Ashok Vemuri has been elevated to Capgemini’s highest executive decision making body, months after the Paris-based IT services giant bought...

As part of 2014 non-equity incentive plans, Vemuri also stands to make upto 5.71 crore on top of his total salary for 2014.

Vemuri's earnings could have have been about 19 per cent higher if he had not sold his 18,750 shares of IGATE at $ 39.01 per share in Febru...

“In all my past stints, I’ve always believed in adding value, whether it is for employees or business models of a company,” Vemuri said.

The company said it had appointed Srikanth Iyengar as senior vice-president and head of Europe and Australia.

Revenue rose to $322.8 million for the quarter ended Sept 30. Net income rose to $37.3 million and the company paid down $126 million of de...

Ashok Vemuri has abandoned the lofty revenue target set by his predecessor Phaneesh Murthy eight months into his job as CEO of iGate Corpor...

Vemuri has met around 60 clients and had about six employee townhalls. "We are on to a chapter that's distinct and different," he said.

'We are developing a new organisational structure where the leaders will have responsibility and accountability', says Vemuri.

At the meet, organised by brokerage Wells Fargo, Vemuri told analysts that he will work to bring in more decentralisation and verticalisati...

Narayanan joined iGate in 2006 and helped create an integrated delivery organization that employs 28,000 people delivering to over 300 clie...

The firm intends invest about $120 mn in opening new centres in US, Canada, Sweden & Europe, and in expanding its facilities in India, Vemu...

Vemuri joins iGate from Infosys, where he was Head of Americas and Global Head of Manufacturing and Engineering, besides being a board memb...

Murthy said Vemuri had quit the company because he was keen to be the CEO of a co as early as possible & he had got the opportunity.

NRN Murthy, who made a comeback to the under-performing Infosys as its chairman, described Vemuri as an "important player" for the company.

Infy's BG Srinivas and Ashok Vemuri are learnt to be in serious discussions with a headhunter who has the mandate to find a CEO for iGate.