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Igate

Jul 16, 2014 at 21:51 | Source: PTI
The US-based firm had posted a net profit of USD 30 million in the second quarter of 2013. It follows January-December as fiscal year. "For the loan of USD 770 million (at an interest rate of 9 per cent), we were paying USD 23-25 million per quarter in interest costs.
Jun 19, 2014 at 15:51 | Source: Moneycontrol.com
Infosys is the frontrunner for US Treasury office deal worth USD 400 million while TCS, Wipro, HCL Technologies, Cognizant, iGate, Accenture as well as Infosys are in race for other two deals, reports CNBC-TV18 quoting sources.
Jun 19, 2014 at 12:12 | Source: CNBC-TV18
The first deal coming out of the US might be from the Treasury office for data warehousing and infrastructure management services worth around USD 400 million.
May 12, 2014 at 16:44 | Source: PTI
The firm has been reorganising its structure and analysing client accounts to enhance cost efficiency and scale operations.
Apr 10, 2014 at 21:49 | Source: CNBC-TV18
iGate posted a disappointing set of first quarter earnings, hit by currency volatility and the wage hikes absorbed in the last quarter. Kritika Saxena analyses the numbers.
Apr 10, 2014 at 18:00 | Source: PTI
"We had an encouraging start to the year with a 10% y-o-y growth in revenues. Overall market conditions appear to be favourable across the board," iGate President and CEO Ashok Vemuri said.
Feb 28, 2014 at 08:39 | Source: CNBC-TV18
Eicher Motors | IOC | BPCL | iGate | Titan Company | Ramky Infrastructure | United Bank of India | Venus Remedies | Infosys | Sun Pharma Advanced Research | Arvind | VST Industries | Lupin | Power Grid | ITI | Hero Motocorp | Maruti Suzuki | Financial Technologies | MCX | Tech Mahindra and United Spirits are stocks, which are in the news today.
Feb 10, 2014 at 20:27 | Source: PTI
Within six months of joining iGATE as CEO, Ashok Vemuri will get a performance bonus of USD 175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 percent in the December quarter.
Dec 09, 2013 at 16:06 | Source: PTI
Murthy, one of India's best-known IT leaders, claimed in the law suit -- filed before a California court last Monday -- that iGate knew about his relationship with a subordinate employee and "improperly" used the reporting policy to terminate him.
Nov 25, 2013 at 20:29 | Source: PTI
Under the credit facility, the first commitment amount is of USD 270 million at an interest rate of about 3.5 percent with a maturity period of 60 months.
Messages on Igate »

agupta96

Platinum Member

10 Followers

Infosys  

, Cognizant, iGate, Accenture as well as Infosys are in race for other two deals.

4.23 PM Jun 19th

crackthepot

Gold Member

48 Followers

Tech Mahindra  

there is no way techm can even achieve the aspired target of $5bn by March 2015. It must take some bold decisions just like IT TOOK WHEN ACQUIRING SATYAM ala igate acquiring patni. BUT WILL THE OLD WAR HORSES be dynamic enough to grow the co (nursing is a difft ball game ) Lets HOPE our horse will win

4.46 PM Apr 12th

crackthepot

Gold Member

48 Followers

Tech Mahindra  

The biggies are more financially sound to acquire than techm big entities into the fold BUT then compatibility and comfort level also play a role in the acquired agreeing to be acquired/merged. So that is a complicated ball game and any co may be able to win just like igate tookover patni. Techm will grow

4.34 PM Apr 12th

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iGATE Solutions  

Source:Calcutta Telegraph News - Calcutta, April 10: iGATE, an integrated technology and operations solutions provider, today posted a 9.19 per cent decline in net profit at $31.6 million for the first quarter ended March 31, 2014 against $34.8 million in the same quarter a year ago. Net profit

11.26 AM Apr 12th

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240971 Followers

iGATE Solutions  

Source:NDTV Profit - US-based iGate on Friday said it will sell bonds worth $325 million (about Rs 1,990 crore) to repay a $770 million (around Rs 4,175 crore) debt. In January, the NASDAQ-listed firm said that it had entered into a $360 million credit agreement in

2.10 PM Mar 15th

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240971 Followers

iGATE Solutions  

Source:Economic Times - NEW DELHI: IT firm iGate today said it has bagged a five-year contract with Lansforsakringar Alliance in Sweden worth USD 35 million. Lansforsakringar Alliance is one of Sweden`s largest financial services institutions with business divisions covering life, non

3.09 PM Feb 27th

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Platinum Member

240971 Followers

iGATE Solutions  

Source:The Hindu BusinessLine - Within six months of joining iGATE as CEO, Ashok Vemuri will get a performance bonus of $ 175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 per cent in the December quarter. Vemuri, who joined

11.47 AM Feb 11th

MMB Messenger

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Other Market Topics  

How bullish are you on iGATE?

8.27 PM Feb 10th

Jam ss

Silver Member

7 Followers

HCL Tech  

US and Europe market down heavily on saturday. Tech stock like cognizant, igate , wipro,infy ,accenture lost heavily. Be cautious on IT stock before expiry on thursday

5.57 PM Jan 26th

pkk077

Silver Member

0 Follower

IDFC  

I remember similar situation when iGate was delisting. iGate needed to buy back at least 15% from open market when 25% was with general public. People offered their shares at all kind of ridiculous (high) prices but out of the 25%, majority was being held by mutual funds and FIIs. They put

11.24 AM Jan 24th

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Aug 11, 2014 at 14:00 | Source: VC Circle
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