Stocks and Finance

iGATE

iGATE 5/17/2012

20:19 : Cos like NetApp, Samsung, iGate walk the extra mile to retain top talents - Cos like NetApp, Samsung, iGate walk the extra mile to retain top talentsIn hard times, companies are sending high-fliers for global assignments; giving long-term incentives and charting out career plans.

iGATE 5/7/2012

04:33 : iGate promoters reduce stake by 3%, sell shares for Rs 147 crore - iGate promoters reduce stake by 3%, sell shares for Rs 147 crore The two promoters together sold off a total of 15 lakh shares for about $ 27.4 million (Rs 147 crore) in an open market transaction.

iGATE 4/9/2012

07:07 : iGate accepts Patni delisting offer of Rs 520/share - iGate accepts Patni delisting offer of Rs 520/shareiGate has received around 15.9 million shares so far and money has been kept in an Escrow account for easy payment.

iGATE 3/30/2012

20:51 : Patni's delisting prospects brighten; higher-than-expected payout for ... - Patni's delisting prospects brighten; higher-than-expected payout for iGateThe bid price for 1.34 cr shares, which is the minimum number required for Patni's successful delisting, went up to 520 against floor price of 357.

iGATE 3/23/2012

16:02 : IGate faces battle over Indian unit delisting plan - IGate faces battle over Indian unit delisting planIGate Corp's plan to delist its Indian subsidiary has set the stage for a battle next week with shareholders.

iGATE 3/2/2012

06:28 : Not in any discussion for stake sale: Phaneesh Murthy, iGATE Patni - Not in any discussion for stake sale: Phaneesh Murthy, iGATE Patni'We are not in any discussion with Elliott. There is nothing to discuss right now until we actually make an announcement that we are delisting.'

iGATE 2/5/2012

21:10 : Phaneesh Murthy's integration of Patni with iGate not going down well ... - Phaneesh Murthy's integration of Patni with iGate not going down well with investorsPhaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni.

iGATE 11/4/2011

08:48 : iGate Patni to hire about 5,000 persons in 2012 - iGate Patni to hire about 5,000 persons in 2012"We will be hiring 4,000-5,000 people next calendar year - that will take our headcount over 30,000-people mark," CEO Phaneesh Murthy said.
08:47 : iGate Patni to hire about 5,000 in calendar year 2012 - iGate Patni to hire about 5,000 in calendar year 2012"We will be hiring 4,000-5,000 people next calendar year - that will take our headcount over 30,000-people mark," CEO Phaneesh Murthy said.

iGATE 10/25/2011

00:53 : Mosaic Co Extends Technology Contract With iGate-Patni - BANGALORE -(Dow Jones)- The iGate Corp. (IGTE) and Patni Computer Systems Ltd. (PTI) combine Tuesday said Mosaic Co. [MOS] has extended its multi-million dollar, multi-year contract for the software exporters to provide global ...
Source : foxbusiness-com

iGATE 9/1/2011

20:17 : KPMG, Wipro, Essar, IGate-Patni using tools to predict employee's exit - KPMG, Wipro, Essar, IGate-Patni using tools to predict employee's exitConsulting firm KPMG has recently created a crystal ball. Called the KPMG Predictive Index, it can foretell when an employee will resign.

iGATE 8/22/2011

22:37 : Wipro, iGate-Patni, LG, Godrej tag execs pay to nurturing skills - Wipro, iGate-Patni, LG, Godrej tag execs pay to nurturing skillsSenior executives' compensation are no longer limited to targets and employee satisfaction is linked to their variable and incentives.

iGATE 8/5/2011

21:27 : iGate Q2 net down 64% at $4 million - Acquisition costs dragged down profits of Nasdaq-listed iGate by 64% in the quarter ended June 30, 2011, to $4 million from $11.2 million in the corresponding quarter last year.

iGATE 7/27/2011

21:10 : IT exporters TCS, Infosys, MindTree, iGate face heat of rupee rise - IT exporters TCS, Infosys, MindTree, iGate face heat of rupee riseBut IT cos are at the moment putting on a brave face, partly because demand for IT services remains robust and is helping to counter the impact of rupee.
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