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...
22 May, 2014, 12.13 PM IST
iGate to sell bonds worth Rs 1,990 crore, use proceeds to repay debtiGate in a statement today said: "It intends to offer, subject to market and other customary conditions, $ 325 million in aggregate princip...
14 Mar, 2014, 08.31 PM IST
iGate bags $35 million deal from Sweden's LansforsakringarIT firm iGate today said it has bagged a five-year contract with Lansforsakringar Alliance in Sweden worth USD 35 million.
26 Feb, 2014, 06.13 PM IST
Under CEO Ashok Vemuri iGATE firms up new strategy'We are developing a new organisational structure where the leaders will have responsibility and accountability', says Vemuri.
25 Nov, 2013, 10.57 PM IST
Class action lawsuit against iGate & Phaneesh Murthy in the US dismissedIt also said "Murthy's improper conduct created a risk that he would be terminated from the company jeopardising the company's future succe...
23 Aug, 2013, 06.52 PM IST
iGate revenues up 6% to $283.3 million, profits decline 13%The company’s net profits, declined 13 per cent to $30 million compared to $34.8 million in the previous quarter.
17 Jul, 2013, 05.55 PM IST
iGATE wins Rs 590 crore contract from US insurer MetLifeIGate has won a five-year contract worth $100 million (Rs 590 crore) from insurer US insurer MetLife, a rare large deal in a market general...
26 Jun, 2013, 05.33 AM IST
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...
18 Jun, 2013, 06.58 PM IST
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.
02 Jun, 2013, 05.49 PM IST
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.
23 May, 2013, 02.01 PM IST
iGate on lookout for acquisitionsAfter acquiring Indian IT firm Patni two years ago, iGate is now on the lookout for smaller acquisitions of about $25-50 million.
14 Apr, 2013, 12.51 PM IST
iGate US 'Conspiracy Uncovered' ad dares 'Time Model', shakes up ITIn the campaign provocatively titled 'Conspiracy Uncovered' and launched in the US, iGate has taken pot shots at the Indian outsourcers' ma...
03 Dec, 2012, 10.07 AM IST
Phaneesh Murthy's iGate story failed to impress analysts after Patni buyoutAnalysts say iGate has not only grown slower than overall IT industry but have also lost market share, taking a toll on Street's confidence...
21 Nov, 2012, 07.08 AM IST
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.
09 Apr, 2012, 11.28 PM IST
- Phaneesh Murthy's fast-track integration of Patni with iGate not going down well with investors
Phaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni.
06 Feb, 2012, 06.36 AM IST
- iGate kicks off integration with Patni Computers
Industry 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...
25 Jan, 2011, 12.45 AM IST
- iGATE opens Australian ICT facility in Ballarat
iGATE Corporation announced that its new $2 million Australia-based Information and Communication Technology (ICT) facility in Ballarat, Vi...
13 Jun, 2008, 05.15 PM IST