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IGATE TECHNOLOGIES
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 posts flat profit at $38 million, sees sequential decline in revenueThe firm has been hurt mainly by currency fluctuations that have also hit rivals such as Tata Consultancy Services and Infosys in the March...
- iGate executive Mukund Srinath accused of sexual harassmentKaretha Dodd commenced the case in September last year, alleging that she was subjected to harassment when she refused to have a sexual rel...
- iGate rejigs sales model, sharpens business focus on growth pushFor the quarter ended March 31, iGate earned $4 million per active client account, up from $3.5 million a year ago. The company has 295 cli...
- 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...
- iGate caught in Canadian visa controversy over violation of immigration lawsiGate, which has most of its 30,000 employees based in Bangalore, said in a statement that it provides appropriate information to the relev...
- iGate launches ad campaign, looks to disrupt the traditional outsourcing modeliGate has been vocal about breaking the 'time-and-material' model with its out-come based strategy that would charge for the outcome of a p...
- iGate to invest over $1 million in US; to create 250 new jobsIT firm iGate today said it will invest $1.0156 million to establish a new facility in Loudoun County, US, which will create 250 new jobs.
- iGate promoters Sunil Wadhwani & Ashok Trivedi reduce stake by 3%, sell shares for Rs 147 croreThe two promoters together sold off a total of 15 lakh shares for about $ 27.4 million (Rs 147 crore) in an open market transaction.
- 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 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.
- 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...
- Weyerhaeuser NR signs $30 mn deal with iGATE PatniiGATE Patni will leverage its on-demand infrastructure services capability to help Weyerhaeuser’s IT organization respond to a dynamic busi...
- 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 expands city operationsiGATE, the Integrated Technology and Opertions (iTOPS) company has expanded its global delivery facility in the city.
- iGate Technologies interested in buying SatyamiGate is one of the many cos that is in the race to buy Satyam. L&T Infotech, Tech Mahindra are also keen to acquire Satyam. Fall of Satyam...
- iGate launches new retirement solutionsiGATE, the global integrated Technology and Operations (iTOPS) provider, announced its new retirement solutions practice.
- 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...
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