Moving toward delisting of PCS, IT company iGate Patni will start buyback of the company's shares at a minimum price of Rs 356.74 apiece.

iGate has been working overtime to secure approval to delist shares of outsourcing services provider Patni Computer from the Indian bourses.

Phaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni.

IT company iGate Patni said it has got approval for expanding its facilities in Pune, Mumbai and Bangalore at an investment of $120 million.

"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.

Acquisition costs dragged down profits of Nasdaq-listed iGate by 64% in the quarter ended June 30, 2011, to $4 million from $11.2 million i...

IT 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 Patni will leverage its on-demand infrastructure services capability to help Weyerhaeuser’s IT organization respond to a dynamic busi...

Patni delisting requires an order of magnitude of money in hundreds of millions of dollars and not money that we currently have, says CEO o...

Nasdaq-listed IT services company iGate announced a new go-to-market brand called 'iGate Patni' with a leaner 9-member executive team.

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...

Deloitte has been appointed to advise on the best practices followed in integration of acquisitions, while Mercer will advise on the human ...

Nasdaq-listed IT services provider iGate was hammered by US investors & its shares fell 11% following its announcement to buy Patni.

The integration of Patni Computer Systems with iGATE, expected to be completed in 12 months, offers multifold synergies to the combined ent...

Nasdaq-listed iGate Corporation may end up as the winner of controlling stake in Patni Computer Systems after the promoters decided not to ...

iGate, which counts GE among its top customers and is in talks with promoters of Patni Computer Systems for a potential acquisition, saw it...

IGate saw its shares plunge by over 20% on Tuesday on concerns of integration with a rival double its size.