Law firms look into alleged fiduciary duty violations by IGateThese law firms are reaching out to shareholders and investors of IGate to join their investigation to ascertain if the company's Board vio...
29 Apr, 2015, 05.54 PM IST
Capgemini’s IGate buy expensive, but justified due to company's strong hold in North America: ExpertsIt is marginally higher than the Bloomberg median of 14.6 for similar deals. This may make the IGate acquisition sound expensive.
28 Apr, 2015, 12.47 PM IST
iGate's largest investor Apax looking to liquidate stake in firmiGate filed an 'automatic shelf registration' with SEC announcing Apax's desire to have an option to liquidate its stake in the firm.
27 Feb, 2015, 10.38 AM IST
iGate pays Phaneesh Murthy $4.6 million to settle disputeIn a recent earnings call, iGate CEO Ashok Vemury disclosed that the company had incurred a one-time charge for legal settlement of $4.6 mi...
06 Feb, 2015, 11.07 AM IST
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...
12 Sep, 2013, 11.33 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
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?
24 May, 2013, 11.28 AM 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
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.
11 Apr, 2013, 07.18 PM IST
- iGate to pay Rs 520 per share to delist Patni Computer
IGate Corp will pay Rs 520 for every share of Patni Computer Systems to de-list the information technology service firm from Indian stock e...
10 Apr, 2012, 06.41 AM IST
- iGate completes acquisition of Patni Computers
Nasdaq-listed IT services company iGate announced a new go-to-market brand called 'iGate Patni' with a leaner 9-member executive team.
13 May, 2011, 12.52 PM IST
- iGate shortlists Cognizant's veteran employee Debashis Chatterjee for COO rank
Cognizant's former employee Debashis had led its banking & financial services sector for over 7 yrs. After joining iGate, he may lead all v...
05 Mar, 2011, 05.24 PM 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 employees to get 125% of variable pay
A day after his deal with Patni Computer, iGate CEO Phaneesh Murthy provided a mega treat to his employees.
12 Jan, 2011, 06.56 AM IST
- iGate scrip hammered on Patni integration fears
iGate, which counts GE among its top customers and is in talks with promoters of Patni Computer Systems for a potential acquisition, saw it...
02 Dec, 2010, 09.17 AM IST
- iGate scrip hammered on Patni integration fears
IGate saw its shares plunge by over 20% on Tuesday on concerns of integration with a rival double its size.
02 Dec, 2010, 05.10 AM IST