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PATNI BOARD
- Phaneesh Murthy's fast-track integration of Patni with iGate not going down well with investorsPhaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni.
- iGate completes acquisition of Patni ComputersNasdaq-listed IT services company iGate announced a new go-to-market brand called 'iGate Patni' with a leaner 9-member executive team.
- Post-acquisition, Patni executives to make way for iGate leadershipThe changes are likely to be announced after the Patni board meeting on Thursday, where Narendra Patni, founder and chairman, will step dow...
- Patni down as Apax Partners, iGate nominees to join boradSoftware provider Patni Computer Systems is set to announce the appointment of iGate representatives, Phaneesh Murthy and Goran Lindahl, an...
- Apax Partners, iGate nominees to join Patni boardOur BureauMumbaiSOFTWARE provider Patni Computer Systems is set to announce the appointment of iGate representatives, Phaneesh Murthy and G...
- iGate & Apax to walk away with Patni for $1.2 bnAfter months of speculation and anxious moments for investors, employees and customers of Patni Computer Systems, iGate became the new owne...
- iGate set to announce Patni acquisition todayPatni Computer Systems is set to announce an ownership change on Monday with its promoters Patni brothers and private equity firm General A...
- Heard on the StreetThe deal is likely to be done at Rs 500-506 a share, two people with direct knowledge of the development said.
- iGate to control Patni with 60% stake buyNasdaq-listed iGate Corporation will sign definitive agreements to buy a controlling stake in Patni Computer Systems on Monday.
- Patni Board to meet on Monday to approve sale to iGateiGate corporation will buy around 60% stake in the company from the founders and private equity investor General Atlantic.
- iGate set to acquire Patni Computer in $1 bn dealThe deal marks culmination of efforts made by promoters and PE firm General Atlantic to sell their stake in Patni since 2007.
- Patni Computer bid in last stage, new owner likely this weekThe bids are expected to be near the market price, at around Rs 500 a share or a little above it. Patni shares closed at Rs 482.50 on BSE o...
- Patni promoters in talks with global, local cos to sell outJapanese strategic investors, clutch of US tech firms and L&T Infotech among companies in race. Key facts on India's IT industry | IT Buzz:...
- Anirudh Patni quits over 'issues' with new managementAnirudh, the son of Patni founder Narendra Patni, has resigned from the co because of differences with its new management. Indian-origin CE...
- Hexaware soars 45% in a week on buyout rumoursThe company, which turned in a nearly 50% sequential growth in net profit for the quarter ended December 31, 2008, has seen its stock rise ...
- Hexaware soars 45% in a week on buyout rumoursThere has been a lot of buzz around the Hexaware Technologies stock. The company, which turned in a nearly 50% sequential growth in net pro...
- CEO hunt to add fuel to Patni fireThe Patni stake sale saga may have ended, but differences among the three brothers over the way forward look set to intensify.
- TPG, Apax make progress in Patni stake saleThe Patni transaction seems to be heading towards some conclusion with one section of the private equity firms in the race for the control ...
- Patni sale in sight as two brothers take backseatThe two brothers, who are exiting part of their holdings , wanted to continue to on the board even after their stake came down to below 5%.
- Carlyle, Apax join race for Patni stakeA clutch of top private equity guns, including Carlyle and Apax Partners, have shown interest in buying a large stake in Patni Computers
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