Phaneesh Murthy
Murthy affair: Suit filed in U.S. against iGate
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
Phaneesh to lose about Rs 84 cr in severance benefits
US-based outsourcing firm iGate on Wednesday said the company’s sacked chief executive Phaneesh Murthy will not be paid the contractual severance benefit of around $15.09 million (about Rs 84 crore) as he was dismissed from service for professional misconduct.
iGate targets $900 million revenue from iTOPS biz by 2017
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 posts Q3 net profit of USD 14.3 mn
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
