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IGATE CORPORATION
French outsourcing major Capgemini completes $4-billion I-Gate acquisitionCapgemini had in April announced its decision to buy out I-Gate to create an entity with a combined revenue of $14 billion to take on rival...- iGate Corporation Q4 net profit up 14.6 per cent at $38 millionNet revenues at the US-based firm, which follows the January-December as fiscal year, rose 10.7% percent to $331.5 million in the quarter e...
- Ashok Vemuri abandons iGate revenue target set by Phaneesh MurthyAshok Vemuri has abandoned the lofty revenue target set by his predecessor Phaneesh Murthy eight months into his job as CEO of iGate Corpor...
- 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.
- Sexual harassment charges against me false, an act of extortion: Phaneesh MurthyAccording to Murthy charges were filed by Araceli Roiz a few days ago. "I am not certain if the employee will file harassment charges in co...
- CCI approves merger between two iGate group firmsCCI said that proposed combination "is not likely to have an appreciable adverse effect on competition in India".
- iGATE removes Patni from brand nameThe name 'Patni,' representing Patni Computer Systems Limited, a majority owned subsidiary, has been removed from its brand identity.
- iGate accepts Patni delisting offer of Rs 520 per shareiGate has received around 15.9 million shares so far and money has been kept in an Escrow account for easy payment.
- US-based hedge fund Elliott Management Corp mops up Patni Computer Systems's floating stock ahead of delistingElliott Management Corp has picked up a 9.4% stake in Patni Computer Systems, possibly scuppering iGate Corporation's efforts to delist the...
- IT sector may hire less and reduce pay hikes; attrition to come down'Attrition rates will decline in the coming year as the no of vacanies fall. iGate expects it to be anywhere between 16 & 20% in '12, compa...
- iGate posts net profit of $14.3 millioniGate Corporation on Thursday reported over three-fold year-on-year increase in revenues for the quarter ended September 30.
- 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 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 likely to win controlling stake in Patni ComputersNasdaq-listed iGate Corporation may end up as the winner of controlling stake in Patni Computer Systems after the promoters decided not to ...
- iGATE Corporation opens Mexican OperationsiGATE Corporation, an integrated Technology and Operations (iTOPS) firm, announced that it has launched a new USD 2 million facility in Gua...
- iGATE opens Australian ICT facility in BallaratiGATE Corporation announced that its new $2 million Australia-based Information and Communication Technology (ICT) facility in Ballarat, Vi...
- iGate Global to stop trading from Jan 25iGate 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...
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