iGate to acquire majority stake in Patni
by CXOtoday Staff    Jan 10, 2011
Category : News & Analysis
The combined enterprise with close to USD 1 billion in revenues acquisition is expected to create a differentiated company with scale in many verticals
Acquiring Patni Computer Systems? Really??
by Jamsheed Gandhi    Dec 29, 2010
Category : News & Analysis
PCS has been regularly in the news since the past few years due to rumors about its impending acquisition by various entities, both domestic and international. Here is an effort at listing the numerous times that the company was courted, wooed, but a unio
β€œThe Patni brand is much bigger than iGate, but on acquisition a new entity should be created,” states Jessie Paul, CEO, PaulWriter
by Jamsheed Gandhi    Dec 14, 2010
Category : News & Analysis
It would be in the best interest of both the parties to create a new company name and brand value, feels Paul
iGate CFO Wants Ambiguity of ST Exemptions Removed
by Manu Sharma    Jun 29, 2009
Category : News & Analysis
iGate, the global IT company that provides IT services in enterprise solutions, business intelligence, data warehousing and application development is looking forward for the removal of ambiguity in terms of refunds/exemptions of service tax...
Satyam Saga Continues, Loses Major Customers
by Manu Sharma    Mar 24, 2009
Category : News & Analysis
 Satyam Computer Services is on a 'losing spree', having so far lost outsourcing contracts from large customers to rivals such as IBM Corp., TCS, Infosys Technologies  and Wipro Ltd. Now, a US property and casualty insurer is...
iGATE Pulls Out of Satyam Bidding Process
by Manu Sharma    Mar 23, 2009
Category : News & Analysis
Fremont-based iGATE has decided not to go ahead with the bidding process for acquiring 51% stake in India's scam-tainted Satyam Computer Services (SATYAMCOMP), based on further analysis. Talking to CXOtoday, Phaneesh Murthy, CEO of iGATE,...
iGate Files 'Conditional' EoI for Satyam Computers
by Manu Sharma    Mar 16, 2009
Category : News & Analysis
After having opted out of the race earlier to acquire Satyam Computers, iGate Corporation has now filed an Expression of Interest (EoI) conditional on the financial statement being made available. The Fremont-headquartered company last...
Satyam Computer Buyout by Month-End?
by CXOtoday Staff    Feb 18, 2009
Category : News & Analysis
Certain media reports indicate that stained IT giant Satyam Computer Services may finally be sold off. According to one such report by UTVi, the bidding process is likely to be finalized soon. Satyam board member Deepak Parekh has...
'Satyam Will Contract and Become Much Smaller'
by Tabrez Khan    Feb 16, 2009
Category : Interviews
Technology : Infrastructure
Phaneesh Murthy, CEO of iGate, in a telephonic interview with Tabrez Khan shared his views on a number of interesting issues including his latest disinterest in Satyam, effects of the recession and the impact of US President Obama's policies...
iGATE Pulls Out of Race to Acquire Satyam
by Manu Sharma    Feb 06, 2009
Category : News & Analysis
With Satyam's financial statement still not available and government yet to cap its liabilities, iGATE has all but given up its interest in buying stake in Satyam. The new Satyam board has thus far only appointed a new CEO and CFO.The company...
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