CCI approves acquisition of IGATE Corp by Capgemini

Last Updated: Thursday, July 2, 2015, 19:45

The fair trade regulator, which keeps a tab on unfair business practices across sectors, has approved the acquisition as the deal may not have an adverse impact on competition in the country.

IGATE sold off domestic IMS biz before buyout by Capgemini

Last Updated: Tuesday, June 2, 2015, 11:54

Days before IGATE was acquired by French IT giant Capgemini, the US-based firm sold off its domestic infrastructure management services (IMS) operations to India's MindSquare Technologies for about USD 5 million.

Law firms look into alleged fiduciary duty violations by IGATE

Last Updated: Wednesday, April 29, 2015, 18:22

As many as five US-based law firms are investigating charges of whether IGATE Board of Directors failed to maximise gains of shareholders before inking the multi-billion dollar deal with French rival Capgemini.

IGATE's acquisition will make Vemuri richer by $19 million

Last Updated: Tuesday, April 28, 2015, 19:43

IGATE's acquisition by French rival Capgemini will make its CEO Ashok Vemuri richer by over USD 19 million (about Rs 120 crore).

Capgemini to buy IGATE in USD 4 billion US expansion push

Last Updated: Tuesday, April 28, 2015, 04:46

French IT services and consulting company Capgemini said today it was buying New Jersey-based IGATE for USD 4 billion (3.7 billion euros), boosting its US-generated business to 30 per cent of its total activity.

Capgemini to buy IGATE Corp in $4-billion cash deal

Last Updated: Monday, April 27, 2015, 11:49

French IT services company Capgemini will buy IGATE Corp -- a US-based company with a large presence in India -- for USD 4 billion in cash to create an entity with a combined revenue of USD 14 billion to take on rivals like IBM.

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.

IGATE Q4 net profit up 14.8% at $38 mn

Last Updated: Tuesday, January 20, 2015, 22:40

US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 percent growth in net profit at USD 38 million for the fourth quarter ended December 31, 2014, helped by deals in industry utility-solutions.

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.

iGate bags $80 mn contract from Orange Switzerland

Last Updated: Wednesday, December 18, 2013, 18:44

iGate will take responsibility for transforming and managing all enterprise systems, including ERP, business intelligence, infrastructure and data network and telephony services, the US-based company said in a statement.

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 firms up new strategy under CEO Vemuri

Last Updated: Monday, November 25, 2013, 23:09

In August, Vemuri resigned as the head of North America region at India's second largest software firm Infosys to take on as iGATE's CEO following Murthy's sacking.