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Capgemini's iGate acquistion: Was a sellout justified after Phaneesh Murthy and Ashok Vemuri's stints?The same shareholders who backed former CEO Phaneesh Murthy on daring acquisitions, decided to sell iGate rather than run it under Vemuri.- iGate's largest investor Apax looking to liquidate stake in firmiGate filed an 'automatic shelf registration' with SEC announcing Apax's desire to have an option to liquidate its stake in the firm.
- iGate pays Phaneesh Murthy $4.6 million to settle disputeIn a recent earnings call, iGate CEO Ashok Vemury disclosed that the company had incurred a one-time charge for legal settlement of $4.6 mi...
- iGate appoints Ashok Vemuri as president and CEOVemuri joins iGate from Infosys, where he was Head of Americas and Global Head of Manufacturing and Engineering, besides being a board memb...
- iGate gives large retention bonuses to top executivesiGate has given large retention bonuses to five of its executive officers. Each will get $1,50,000 on June 30, 2014, and $1,00,000 on Decem...
- Phaneesh Murthy affair: Class action suit filed in US against iGateThe suit has been filed on behalf of persons or entities who purchased or acquired securities of iGate between March 14, 2012 and May 21, 2...
- Apax confident iGate will survive Phaneesh Murthy-gate turmoiliGate had entered into a pact with Apax for part-financing over $ 1.2 billion buyout of a larger rival Patni Computer Systems in 2011.
- Phaneesh Murthy scandal 2.0: Why & how iGate made an error in hiring the CEODoes iGate, which has aspirations of becoming a global services company, have a policy about reputation-challenged managers?
- iGate faces probe on any violation of Federal securities lawiGate is being investigated by a law firm to ascertain whether the company and its employees violated federal securities laws.
- IT firm iGate revenues up 4%, Q1 net up 44% at $ 34.8 millionIT firm iGate today posted 44 per cent jump in net profit at $ 34.8 million for the first quarter ended March 31, 2013.
- iGate to pay Rs 520 per share to delist Patni ComputerIGate Corp will pay Rs 520 for every share of Patni Computer Systems to de-list the information technology service firm from Indian stock e...
- iGate Patni to invest $120 mn for expanding India facilitiesIT company iGate Patni said it has got approval for expanding its facilities in Pune, Mumbai and Bangalore at an investment of $120 million.
- Disappointing Q2 nos drag Patni shares on boursesShares of IT firm iGate Patni today fell by over 3 per cent on the bourses after the company reported decline in its net income for the sec...
- iGate Patni Q2 net income plunges 93% on foreign exchange lossIT firm iGate Patni reported a decline of nearly 93 per cent in net income to Rs 10.8 crore for Q2, primarily on account of foreign exchang...
- 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.
- iGate shortlists Cognizant's veteran employee Debashis Chatterjee for COO rankCognizant's former employee Debashis had led its banking & financial services sector for over 7 yrs. After joining iGate, he may lead all v...
- iGate kicks off integration with Patni ComputersIndustry watchers say iGate might have to deal with high attrition and loss of clients and how it tackles this challenge will be key to suc...
- IGate beats Wall St estimates, Q4 net jumps 71%NASDAQ-listed iGATE beat Wall Street expectations by reporting a 71% jump in fourth quarter net income to $14.7 million and a 55% rise in r...
- iGate employees to get 125% of variable payA day after his deal with Patni Computer, iGate CEO Phaneesh Murthy provided a mega treat to his employees.
- iGate scrip hammered on Patni integration fearsiGate, which counts GE among its top customers and is in talks with promoters of Patni Computer Systems for a potential acquisition, saw it...
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