Phaneesh Murthy launches health and lifecare venture

Last Updated: Monday, March 23, 2015, 20:37

Entering a new arena, former iGate CEO Phaneesh Murthy is launching an online market place for healthcare products and services in partnership with four professionals.

Sexual harassment at workplace - violence in disguise

Last Updated: Friday, January 3, 2014, 13:46

Unlike India sexual harassment laws are gender neutral in most parts of the world.

Phaneesh Murthy drags iGate to court

Last Updated: Monday, December 9, 2013, 16:06

The disgraced former chief executive has also claimed iGate withheld vested stocks worth about USD 17 million due to him.

iGate appoints Ashok Vemuri as president and CEO

Last Updated: Thursday, September 12, 2013, 08:50

Outsourcing firm iGate has appointed Ashok Vemuri as President and Chief Executive Officer with effect from September 16.

Class action lawsuit against iGate in the US dismissed

Last Updated: Friday, August 23, 2013, 20:26

A class action suit filed against iGate and Phaneesh Murthy in the US has been dismissed and neither the company nor its disgraced former CEO has made any payment in this connection, the IT services firm said Friday.

Class action suit filed in US against iGate over Murthy affair

Last Updated: Tuesday, June 18, 2013, 19:00

The suit has been filed on behalf of persons or entities who purchased or acquired securities of iGate between March 14, 2012 and May 21, 2013.

Phaneesh Murthy removed from iGate’s board

Last Updated: Saturday, June 8, 2013, 10:03

Murthy, who was sacked on May 20 this year as iGate's chief executive for not disclosing a relationship with a subordinate, ceased to be its board member effective Friday.

Apax confident iGATE will survive Murthy-gate turmoil

Last Updated: Sunday, June 2, 2013, 14:58

PE fund Apax Partners, which has sunk in over USD 350 million in iGATE, says it is confident that the IT services firm will undergo "seamless" transition following the exit of Phaneesh Murthy and achieve its long-term goals.

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.

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.