Phaneesh Murthy sexual harassment case to be settled out of court?

Last Updated: Friday, May 24, 2013, 11:19

The firm has also told the website that majority of cases in the US settle out of court instead of going to trial.

iGATE shares fall over one per cent in early trade

Last Updated: Thursday, May 23, 2013, 21:05

Continuing its downward trend for the third straight day, shares of iGATE Corp today declined by over one per cent to USD 14.01 in early trade, after fresh allegations against its sacked chief executive Phaneesh Murthy hit headlines.

iGate faces probe on any violation of Federal securities law

Last Updated: Thursday, May 23, 2013, 15:09

The US-based outsourcing firm iGate is being investigated by a law firm to ascertain whether the company and its employees violated federal securities laws.

Pregnant Araceli Roiz to sue Phaneesh Murthy

Last Updated: Thursday, May 23, 2013, 13:03

Disgraced IT executive Phaneesh Murthy and his former employer iGate Corp will be sued by the firm's investor relations head for alleged sexual harassment, the victim's law firm said Thursday.

Phaneesh Murthy may lose $15 mn as severance benefits from iGate

Last Updated: Wednesday, May 22, 2013, 18:14

Murthy, who was sacked on Tuesday for not disclosing a relationship with a subordinate, however, is entitled to a post termination benefit of USD 6,000 per month till he and his spouse reach the age of 65.

Murthy sex row: CEOs prone to ‘misdemeanors’

Last Updated: Wednesday, May 22, 2013, 12:41

iGate Corp has sacked its CEO Phaneesh Murthy over alleged sexual harassment claims.

iGate shares slide 9% in early trade

Last Updated: Tuesday, May 21, 2013, 22:21

Shares of Nasdaq listed iGate Corp plunged over nine percent to USD 14.90 in early trade on Tuesday, after the company sacked its high profile chief executive Phaneesh Murthy.

Phaneesh's sacking a right decision, NASSCOM

Last Updated: Tuesday, May 21, 2013, 15:10

IGate Corp has sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate and alleged sexual harassment.

iGate sacks CEO Phaneesh Murthy after sexual harassment charge

Last Updated: Tuesday, May 21, 2013, 09:03

Gerhard Watzinger has been appointed as the interim chief executive with immediate effect.

iGate on lookout for acquisitions

Last Updated: Sunday, April 14, 2013, 14:02

In 2011, US-based iGate acquired nearly 63 percent stake in Patni Computer Systems (then India's sixth largest IT firm) for USD 1. 22 billion.

iGate Q1 net up 44% at $34.8 mn

Last Updated: Thursday, April 11, 2013, 18:47

IT firm iGate Thursday posted 44 percent jump in net profit at USD 34.8 million for the first quarter ended March 31, 2013.

iGate Q4 net jumps 110% to $32.2 mn

Last Updated: Thursday, January 17, 2013, 21:54

NASDAQ-listed iGate Thursday said its net income more than doubled to USD 32.2 million in the October-December quarter of 2012 on the back of corporate restructuring and strong customer additions.