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iGate CEO Ashok Vemuri resigns months after merger with CapgeminiVemuri, whose exit was widely speculated around the time Capgemini bought iGate, may walk away with a multi-million dollar exit package.- iGate chief executive Ashok Vemuri elevated to Capgemini’s group management boardAshok Vemuri has been elevated to Capgemini’s highest executive decision making body, months after the Paris-based IT services giant bought...
- All matters with iGATE have been resolved: Phaneesh MurthyIn May 2013, Murthy was sacked from iGATE for failing to disclose his relationship with a subordinate, Araceli Roiz, and alleged sexual har...
- Ashok Vemuri’s entry sparks top-level exodus at iGateOne source who has been close to iGate said most of those quitting were people who were close to Phaneesh Murthy, Vemuri's predecessor.
- Upset with CEO Ashok Vemuri, iGate top executive Sean Narayanan quitsNarayanan joined iGate in 2006 and helped create an integrated delivery organization that employs 28,000 people delivering to over 300 clie...
- 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 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.
- Phaneesh Murthy removed from iGate's boardUS-based outsourcing firm iGate said majority of its shareholders have consented to the removal of former CEO Phaneesh Murthy from the board
- 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 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.
- 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 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 to hire about 5,000 in calendar year 2012"We will be hiring 4,000-5,000 people next calendar year - that will take our headcount over 30,000-people mark," CEO Phaneesh Murthy said.
- IGate net up 54% to $17.9 MillioniGATE acquired Patni, for $1.2-billion in January. iGATE saw net margin increase to 23.7% against 20.1% in the corresponding quarter last y...
- 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 eyes Patni, in talks with Deutsche Bank, Apax PartnersA potential acquisition by iGATE could create a combined entity with annualized revenues of over $1 bn, making it the latest entrant to Ind...
- iGATE expands city operationsiGATE, the Integrated Technology and Opertions (iTOPS) company has expanded its global delivery facility in the city.
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