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iGate appoints former Infosys man Ashok Vemuri as CEO and president

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Mumbai: Outsourcing firm iGate has appointed Ashok Vemuri as President and Chief Executive Officer with effect from September 16.The company had sacked former CEO Phaneesh Murthy in May this year ove

iGate records quarterly net profit jump of 136 per cent

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Mumbai: IT services firm iGate has posted its highest quarterly net profit jump of 136 per cent at USD 30 million in the quarter that saw the unceremonius exit of its former CEO Phaneesh Murthy.
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iGate bags USD 100 million deal from MetLife

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New Delhi: Outsourcing company iGate Corporation on Wednesday said it has bagged a major five-year contract worth over USD 100 million (about Rs 598 crore) for providing global infrastructure service

Murthy affair: Suit filed in U.S. against iGate

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New Delhi: Out-sourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked chief executive officer Phaneesh Murthy

iGate targets $900 million revenue from iTOPS biz by 2017

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IT firm iGATE has said it is targetting USD 900 million revenues over the next five years from iTOPS (integrated Technology and Operations) business that will be the key growth driver for it in the co

iGATE removes Patni from brand name

A year after it completed the acquisition of Patni Computer, iGATE Corporation on Monday announced new identity, dropping Patni from its brand name.

The new brand identity of the subsidiary of the US

iGate plans to delist Patni Computer

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U.S. listed software company iGate said on Wednesday it plans to delist shares of its unit Patni Computer Systems to obtain full ownership of the company and intends to fund the acquisition of the sha

iGate posts Q3 net profit of USD 14.3 mn

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Nasdaq-listed iGate on Friday said its net profit stood at USD 14.3 million for the quarter ended September, 2011, a flat performance year-on-year on account of high interest costs.

The company's net

iGate takes over Patni for $1.2b

Jan. 10: Software firm iGate is buying a majority stake in Patni Computer Systems for $1.2 billion, helping it to take on bigger rivals in the export-driven IT services industry.

US-listed iGate, b

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