Igate

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Igate - Total results - 65
Salil Parekh set to take charge as Infosys CEO today, co aims to bring back focus on revenue, biz strategy
Business

Salil Parekh set to take charge as Infosys CEO today, co aims to bring back focus on revenue, biz strategy

Infosys, which spent most part of 2017 handling the public standoff between its high-profile promoters and the past leadership, will also announce its third quarter financials on 12 January.

Infosys' new CEO Salil Parekh 'perfect' choice for leading co, say IT experts; Narayana Murthy extends 'best wishes'
Business

Infosys' new CEO Salil Parekh 'perfect' choice for leading co, say IT experts; Narayana Murthy extends 'best wishes'

Infosys, for the second time, has chosen an external candidate to lead its operations after former CEO Vishal Sikka quit abruptly in August

IGATE deploys VMware vCloud suite to build private cloud
Business

IGATE deploys VMware vCloud suite to build private cloud

IGATE has implemented VMware vCloud Suite to build a private cloud for its Center of Excellence (CoE) laboratory in Bangalore.

Capgemini completes acquisition of IGATE
Business

Capgemini completes acquisition of IGATE

As a result of the acquisition, IGATE shares will cease trading, and will be delisted from, the NASDAQ Global Select Market.

iGate sells off domestic IMS operations for $5 million before Capgemini buyout
Business

iGate sells off domestic IMS operations for $5 million before Capgemini buyout

Under the agreement, MindSquare has acquired the entire Indian customer base of IGATE, along with its over 400 employees that provide remote and onsite IMS services to Indian customers of the US-based firm.

Indian co-founders of IGate to make a windfall $1 bn in CapGemini's acquisition of the US co
Business

Indian co-founders of IGate to make a windfall $1 bn in CapGemini's acquisition of the US co

Ashok Trivedi and Sunil Wadhwani, the Indian-American co-founders and co-chairmen of IGATE, own 12.81 percent and 12.99 percent, respectively, of the shares and could collect more than $1 billion between them.

Massive US presence: What Capgemini can gain with $4bn IGate acquisition
Business

Massive US presence: What Capgemini can gain with $4bn IGate acquisition

French IT services company Capgemini is all set to buy US-based IGATE Corp for $4 billion cash in a deal that will make North America its biggest market.

All matters with iGATE have been resolved, says Phaneesh Murthy
Business

All matters with iGATE have been resolved, says Phaneesh Murthy

Former iGATE chief executive Phaneesh Murthy has "settled" all charges relating to a sexual misconduct case that had led to his sacking from the US-based outsourcing firm two years back.

Scandal at iGate again: US national accuses Vice President of sexual harassment
World

Scandal at iGate again: US national accuses Vice President of sexual harassment

US-based outsourcing firm iGATE has been slapped with yet another sexual harassment suit by an ex-employee, claiming that she was sexually abused by the firm's Legal Head and her supervisor.

iGate Q4 net up 7.5%; to take up additional loan of $325-mn to fund debt
Business

iGate Q4 net up 7.5%; to take up additional loan of $325-mn to fund debt

Outsourcing firm iGate on Thursday reported a 7.5 percent rise in net profit at $33.1 million for the quarter ended December 31, 2013, helped by large deals in the North America and Europe

To the brink and back: Key business events in 2013
Business

To the brink and back: Key business events in 2013

The RBI starting the year off with rate cuts and then reversing its stance on concerns about widening current account deficit. Fears that the US Federal Reserve will start cutting its bond purchase programme sooner than expected only added to the worries. Foreign funds pulled out of the Indian equities and debt in hoards.

Phaneesh Murthy to offer consultancy services, seeks fresh start
Business

Phaneesh Murthy to offer consultancy services, seeks fresh start

"I hope to work with technology firms, which has been a significant part of my life," Murthy said.

L'affaire iGate: Phaneesh Murthy regrets, but sues company for lying
Business

L'affaire iGate: Phaneesh Murthy regrets, but sues company for lying

Former iGate's CEO, Phaneesh Murthy, who was sacked in May on sexual assault charges, has filed a defamation and breach of contract case against the company.

Not just Vemuri: Executives quitting big IT firms to join smaller ones
Business

Not just Vemuri: Executives quitting big IT firms to join smaller ones

With the executives choosing to move away from large companies, it seems the future is about mid-sized IT companies.

iGATE plans major rejig, leaders will be accountable and responsibile: CEO Vemuri
Business

iGATE plans major rejig, leaders will be accountable and responsibile: CEO Vemuri

Moving towards a decentralised leadership model, IT services major iGATE today said it will give more freedom to its vertical heads to focus on markets like North America and Western Europe

Costly affair: Phaneesh Murthy loses $15 mn iGate benefits
Business

Costly affair: Phaneesh Murthy loses $15 mn iGate benefits

US-based outsourcing firm iGate's former chief executive Phaneesh Murthy will no longer receive unvested stock options worth $7 million due to him between November this year and 2020 after he was terminated in May for not reporting a relationship with a subordinate.<br /><br />

iGate to pay CEO Vemuri more than double his Infosys package
Business

iGate to pay CEO Vemuri more than double his Infosys package

US-based IT firm iGATE will pay its new CEO and President Ashok Vemuri a base salary of $1.3 million (about Rs 8.2 crore) along with an annual cash bonus of as much as $1 million (Rs 6.3 crore).

Newsmaker: Infosys former exec Ashok Vemuri is new iGate CEO
Business

Newsmaker: Infosys former exec Ashok Vemuri is new iGate CEO

Ashok Vemuri, fromerly global head of manufacturing and engineering at Infosys, will be appointed as iGate president and CEO on Monday, 16 September, the US-listed Indian IT company said today.<br /><br />

Ashok Vemuri's move is bad for Infosys but good for iGate
Business

Ashok Vemuri's move is bad for Infosys but good for iGate

Vemuri is not Phaneesh. But he might just be the right person to head iGate.