Capgemini’s IGate buy expensive, but justified due to company's strong hold in North America: ExpertsIt is marginally higher than the Bloomberg median of 14.6 for similar deals. This may make the IGate acquisition sound expensive.
28 Apr, 2015, 12.47 PM IST
IGate staff see a ray of hope in acquisitionA Pune-based employee remembers the company, before the Patni acquisition, as a small setup which was trying to compete with the larger pla...
28 Apr, 2015, 11.57 AM IST
iGate wins technology services contract from UBSUnder the terms of the contract, iGate will help UBS migrate towards a globally managed service for instrument reference data across all as...
06 Nov, 2013, 04.57 PM IST
Rough road ahead for iGate post Phaneesh Murthy's sexual harassment scandalThe company has lost one $200 million technology outsourcing contract they had recently won and is likely to lose another one of similar va...
23 May, 2013, 06.37 AM IST
Phaneesh Murthy may lose about Rs 84 crore as severance benefits from iGateMurthy, who was sacked yesterday for not disclosing a relationship with a subordinate, however, is entitled to a post termination benefit o...
22 May, 2013, 06.03 PM IST
Apax buys more stake in iGateThe investment gives Apax rights to hold around 26% stake in the offshoring company. This remains the largest PE-backed buyout in India til...
20 Dec, 2012, 10.31 AM IST
- CCI approves merger between two iGate group firms
CCI said that proposed combination "is not likely to have an appreciable adverse effect on competition in India".
25 Nov, 2012, 05.20 PM IST
Apax Partners to introduce iGate to opportunities: Shashank SinghApax is focusing on helping iGate get more business from its own portfolio firms globally, Singh said.
06 Nov, 2012, 05.15 AM IST
- iGate promoters Sunil Wadhwani & Ashok Trivedi reduce stake by 3%, sell shares for Rs 147 crore
The two promoters together sold off a total of 15 lakh shares for about $ 27.4 million (Rs 147 crore) in an open market transaction.
07 May, 2012, 02.48 PM IST
iGate-Patni ties up with Rio Tinto to provide R&D and engineering servicesRio Tinto expects to spend around $60 mn to $80 mn over next five years of partnership. Partnership to focus on creating next gen tech.
27 Mar, 2012, 04.27 PM IST
- Phaneesh Murthy's fast-track integration of Patni with iGate not going down well with investors
Phaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni.
06 Feb, 2012, 06.36 AM IST
- iGate, Patni management get ready for integration
Deloitte has been appointed to advise on the best practices followed in integration of acquisitions, while Mercer will advise on the human ...
18 Jan, 2011, 11.56 AM IST
- ICRA places iGATE under rating watch with negative implication
Rating agency ICRA today said it has placed the issuer rating of IrAA+ (I R double A) on iGATE Global Solutions Limited under rating watch ...
13 Jan, 2011, 08.43 PM IST
- iGate falls 11% after Patni deal
Nasdaq-listed IT services provider iGate Corp was hammered by US investors and its shares fell 11% following its announcement to buy larger...
12 Jan, 2011, 06.57 AM IST
‘IT industry needs new business models’Phaneesh Murthy talks about the present global tumult and what it holds for the IT sector as a whole and Indian IT services firms.
01 Apr, 2008, 12.00 AM IST
- iGate Global to stop trading from Jan 25
iGate Global Solution will stop trading on the stock exchanges from the closing hours of trade on January 25. This is ahead of its de-listi...
15 Jan, 2008, 01.28 PM IST
- Strong rupee to hit revenue growth: iGATE
iGATE Global Solutions Ltd expects a stronger rupee to hurt revenue growth by about 1.5-2 per cent in the March quarter from the December q...
26 Mar, 2007, 02.00 PM IST