Igate

Apr 05, 2016 at 18:56 | Source: PTI
Paul Hermelin, Group Chairman and Chief Executive of Capgemini, who is visiting India, indicated his company is open to inorganic growth, but said he must first complete integration of iGate successfully.
Apr 05, 2016 at 18:22 | Source: PTI
Capgemini launched a new campus at Airoli, Navi Mumbai which can seat 30,000. Built at an investment cost of Rs 1,800 crore, the campus is spread across 50 acres with a built-up area of 3 million sqft.
Feb 11, 2016 at 10:20 | Source: PTI
This was possible because in IT each team serves a dedicated client and during the due-diligence it has turned out that only three clients are common between the two entities, the executive said.
Jan 26, 2016 at 15:29 | Source: PTI
IGate has been in news for wrong reason about a year back. The company had sacked its then Chief Executive Phaneesh Murthy in a sexual misconduct case.
Jul 02, 2015 at 22:01 | Source: PTI
Capgemini had offered USD 48 for every I-Gate share as part of the definitive merger agreement. The merged group would have around 1,90,000 employees and an operating margin of 10 percent, Capgemini said.
Jun 02, 2015 at 17:14 | Source: PTI
Days before iGATE was acquired by French IT giant Capgemini, the US-based firm sold off its domestic infrastructure management services (IMS) operations to Indias MindSquare Technologies for about USD 5 million.
Apr 29, 2015 at 21:36 | Source: PTI
The firms -- WeissLaw, Rosen Law Firm, Ryan & Maniskas, Block & Leviton and Faruqi & Faruqi -- are investigating for "possible breaches of fiduciary duty and other violations of law" as well as the fairness with which IGATE Board considered and approved the transaction.
Apr 27, 2015 at 16:53 | Source: CNBC-TV18
In a bid to expand its footprint in North America, French IT services giant Capgemini Monday said it was set to acquire US based iGate for USD 4 billion.
Apr 27, 2015 at 15:37 | Source: CNBC-TV18
Sudin Apte, CEO and research director at Offshore Insights says while Capgemini's long-term competitive positioning has clearly improved with this transaction, it still has a much weaker offshore presence (55 percent), compared with Indian IT companies (80 percent).
Apr 27, 2015 at 14:53 | Source: Moneycontrol.com
Capgemini will buy out iGate for cash consideration of USD48/share totaling USD 4 billion. Experts say Capgemini will position iGate as wholly owned subsidiary of North America. The combination of the two will increase Capgeminis revenues in the region to an estimated USD 4 billion.
Messages on Igate »

agupta96

Platinum Member

14 Followers

Infosys  

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

4.23 PM Jun 19th 2014

crackthepot

Gold Member

49 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 2014

crackthepot

Gold Member

49 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 2014

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344325 Followers

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 2014

Web Messenger

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344325 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 2014

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344325 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 2014

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Platinum Member

344325 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 2014

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Other Market Topics  

How bullish are you on iGATE?

8.27 PM Feb 10th 2014

Jam ss

Silver Member

10 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 2014

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 2014

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