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Capgemini to Buy iGate for $4.04 Billion
Capgemini and IGate announced that they have entered into a definitive merger agreement under which Capgemini will acquire IGate for a cash consideration of $48 per share. The transaction will amount to $4.0 billion and is expected to be immediately accretive ...
iGate bags Rs 598 crore deal from MetLife
Outsourcing company iGate Corporation today said it has bagged a major five-year contract worth over $100 million (about Rs 598 crore) for providing global infrastructure services for insurance major MetLife, Inc. The US-based IT solutions firm has been providing services ...
Phaneesh's sacking a right decision, NASSCOM
NASSCOM Chairman Krishnakumar Natarajan on Tuesday said iGATE board has taken a right decision to sack its President and CEO Phaneesh Murthy over alleged sexual harassment, emphasising that a "quick and decisive" action in such incidents augurs well for the IT ...
iGate sacks Phaneesh Murthy on sexual harassment charge
Nasdaq-listed iGATE Corporation announced that its board of directors has terminated the employment of President and Chief Executive Officer Phaneesh Murthy as a result of an investigation of the facts and circumstances surrounding a relationship that Murthy had with a subordinate ...
iGATE accepts delisting of Patni shares for Rs 520
IT major iGATE Corp, has announced that it was accepting the ‘discovered price' of Rs.520 a share for delisting the shares of its subsidiary Patni Computer Systems. The offer was made through a reverse book building process at the Bombay Stock ...
Patni Computers' stock up on delisting
The stock of Patni Computers rallied on the domestic bourses after company informed the Bombay Stock Exchange (BSE) that its US-based acquirer iGate solutions has planned to delist its shares from the domestic bourses. US listed software company iGate Solutions ...
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