Patni Computer slips into red with Rs 51.5 cr net loss due to severance payPhaneesh Murthy, CEO and MD of Patni, expects results to stabilise in 2012 after integration expenses and accounting charges related to acq...
26 Jul, 2011, 09.12 AM IST
- IGate net up 54% to $17.9 Million
iGATE acquired Patni, for $1.2-billion in January. iGATE saw net margin increase to 23.7% against 20.1% in the corresponding quarter last y...
06 May, 2011, 05.40 AM IST
- Patni Computer Q1 net profit up over 3 per cent; beats forecast
Patni Computer Systems reported a growth of 3.33% in consolidated net profit to Rs 162.28 crore for the first quarter ended March 31, 2011.
27 Apr, 2011, 02.38 PM IST
- Patni Computer's net profit at Rs 195.46 cr; stock down
Patni Computer Systems reported net profit of Rs 195.46 crores for quarter ended December 2010 as compared to Rs 207.20 crores in the same ...
09 Feb, 2011, 11.52 AM IST
- Patni Computer Q4 net income dips 2.71% to Rs 177.3 cr
Patni Computer Systems today reported a decline of of 2.71 per cent in net income for the quarter ended December 31, 2010, to USD 39.4 mill...
09 Feb, 2011, 11.20 AM IST
- Patni - iGate: It's a win-win deal for both companies
The integration of Patni Computer Systems with iGATE, expected to be completed in 12 months, offers multifold synergies to the combined ent...
11 Jan, 2011, 06.11 AM IST
- Patni-iGate buyout deal valued at $1.22 bn
iGate's Phaneesh Murthy said the company has committed financing of $750 mn for acquisition. Value includes of an open offer for another 20...
10 Jan, 2011, 02.34 PM IST
- Delay in iGate-Patni Computer deal
Nasdaq-listed iGate, which was expected to announce the acquisition of a controlling stake in Patni Computer Systems at a media conference ...
03 Jan, 2011, 12.16 PM IST
- Patni: Takeover may give co the growth impetus
Patni Computer Systems’ stock has gained momentum in the past few days after news of a takeover.
29 Dec, 2010, 04.24 AM IST
- Heard on the street
Shares of Chambal Fertilisers rose about 11% to 89.95 on Thursday with eight times the two-week average volumes amid purchases by a large m...
15 Oct, 2010, 01.47 AM IST
- Patni Q2 net up 8% on foreign exchange gains
IT firm Patni Computer Systems today reported a growth of nearly eight per cent in net profit at Rs 146.74 crore for the second quarter end...
28 Jul, 2010, 12.56 PM IST
- Tech Mahindra, Patni Computers good in mid-cap IT space: P Phani Sekhar
One company that I like is Tech Mahindra. Apart from that, Patni Computers looks extremely interesting.
26 Jul, 2010, 04.31 PM IST
- Patnis want 25% premium, German Atlantic game for 10%
The Patni brothers are demanding higher premium for their stake in Patni Computers Services than what is being sought by General Atlantic, ...
13 Nov, 2009, 12.46 AM IST
- Patni eyes a slice of domestic IT market
Patni Computer Systems, the country’s sixth-largest software exporter, has joined the likes of Tata Consultancy Services (TCS), Infosys and...
07 Sep, 2009, 12.46 AM IST
- Patni Computer joins big 5 in fight for domestic pie
Patni Computer has joined the likes of TCS, Infosys and IBM for a share of the lucrative domestic IT market. Rise of multinational IT in In...
05 Sep, 2009, 10.25 AM IST
- Patni brothers to sell only 12% stake
PE & other investors looking to buy into the co may find only 10-12% stake available as against 44% earlier.
03 Jul, 2007, 03.00 AM IST
- Sibling rivalry threatens to unravel Patni
IBM, CSC, Blackstone & Carlyle look to buy stakes of Gajendra & Ashok Patni.
19 May, 2007, 01.25 AM IST