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Sex Scandal: Class action suit filed in US against iGate over Phaneesh Murthy affair
Jun 19, 2013 at 02:22 | Source: Financial Express
Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate employee. The suit has been filed on...
iGate faces US class-action suit over Murthy affair
Jun 18, 2013 at 21:06 | Source: Business Today
A file photo of Phaneesh Murthy Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate empl...
Jun 18, 2013 at 21:06 | Source: Business Today
Phaneesh Murthy Photo: Reuters Four years ago, Phaneesh Murthy realised he'd become a bit chunky and began a punishing gym programme. But sticking to an exercise schedule wasn't easy because the chief of IT outsourcing company iGate Corp travelled a...
Phaneesh Murthy episode: iGate slapped with class action suit
Jun 18, 2013 at 20:00 | Source: NDTV Profit
New Delhi: Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate ...
Phaneesh Murthy affair: Class action suit filed in US against iGate
Jun 18, 2013 at 19:21 | Source: Economic Times
NEW DELHI: Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate employee. The suit has be...
L'affaire Phaneesh Murthy: Now, a class action suit against iGate
Jun 18, 2013 at 14:07 | Source: FirstPost
L'affaire Phaneesh Murthy is haunting Nasdaq-listed iGate Corp.According to a report in the Hindu Business Line, shareholders of the company have filed a class action suit against the company alleging they were not informed about former Chief Executi...
Wipro says delayed deal closures boosting IMS biz
Jun 18, 2013 at 00:36 | Source: DNA India
How will investment in IT360 help to increase profits for Wipro? As per industry sources, an enterprise spends about 60-65% of its overall IT budget on infrastructure. Therefore, IT infrastructure usually figures high on cost optimisation initiative...
US law firm files class action suit against iGATE
Jun 17, 2013 at 22:32 | Source: The Hindu BusinessLine
Mumbai/Bangalore, June 17: The Phaneesh Murthy saga may have legal consequences for Nasdaq-listed iGATE Corp. Pomerantz Grossman Hufford Dahlstrom Gross, a New York-based law firm, has filed a class action lawsuit against iGATE and some of its offic...
BSE Sensex ends over 350 ahead of RBI credit policy review
Jun 16, 2013 at 07:32 | Source: DomainB
3:45 pm Fitch ups rating outlook of 10 India financial institutions to stable. The rating agency improves rating outlook of SBI , Bank of Baroda , PNB , ICICI, Canara Bank , Axis Bank , IDBI Bank among others. 3:40 pm Midcap gainers: Jet Airways and...
Jun 15, 2013 at 03:12 | Source: Calcutta Telegraph News
New Delhi, June 13: Wipro, India’s third largest software firm, has been slapped with an over Rs 816-crore claim by the tax department, becoming the latest IT company to have got such a notice after Infosys, WNS and iGATE. The Bangalore-based ...
After Infosys iGate, Wipro gets fresh tax demand of Rs 816 cr
Jun 14, 2013 at 15:27 | Source: Economic Times
NEW DELHI: India's third largest software firm Wipro has been slapped with an over Rs 816 crore claim by tax department, becoming the latest IT company to have got such a notice after Infosys, WNS and iGate. The Bangalore-headquartered company said ...
Sensex above 19000 levels; top 10 stocks in focus
Jun 14, 2013 at 11:26 | Source: Economic Times
NEW DELHI: The S&P BSE Sensex bounced back on Friday and rallied over 200 points in mid-morning trade to regain its crucial psychological level of 19000 tracking strong global cues. At 10:00 a.m.; the 50-share index was at 5,760.30, up 61.20 points o...
Wipro gets fresh tax demand of Rs 816 crore
Jun 14, 2013 at 11:17 | Source: Financial Express
India's third largest software firm Wipro has been slapped with an over Rs 816 crore claim by tax department, becoming the latest IT company to have got such a notice after Infosys, WNS and iGate. The Bangalore-headquartered company said the "draft ...
Wipro gets Rs 816 cr fresh tax demand
Jun 13, 2013 at 20:37 | Source: The Hindu BusinessLine
New Delhi, June 13: Software firm Wipro has been slapped with an over Rs 816 crore claim by tax department, becoming the latest IT company to have got such a notice after Infosys, WNS and iGate. The Bangalore-headquartered company said the “dr...
Taxmen slap fresh demand of Rs 816 crore on Wipro
Jun 13, 2013 at 20:00 | Source: NDTV Profit
New Delhi: India's third largest software firm Wipro has been slapped with a claim of over Rs 816 crore by the tax department, becoming the latest IT company to have got such a notice after Infosys, WNS and iGate. The Bangalore-headquartered ...
Cognizant to enlarge IT SEZ by 50%
Jun 13, 2013 at 11:15 | Source: DNA India
Nasdaq-listed Cognizant Technology Solutions (CTS) is increasing the size of its Chennai special economic zone (SEZ) by 50%. The development, which comes at a time when many corporates are desperate to get out of SEZ development and have flooded the...
Infosys on global hunt for CEO; non-founder may take over
Jun 12, 2013 at 00:46 | Source: Economic Times
BANGALORE: Infosys has hired executive search firm Egon Zehnder for a "global mapping exercise" to identify and shortlist possible external candidates who could be considered for the position of chief executive officer, two persons aware of the deve...
2 Infosys directors in race for CEO's post in iGate
Jun 10, 2013 at 06:11 | Source: Economic Times
BANGALORE: The return of NR Narayana Murthy as executive chairman of Infosys is causing heartburn among CEO-hopefuls, two of whom have begun searching for greener pastures. Infosys board members BG Srinivas and Ashok Vemuri, who are in queue to succe...
Ex-CEO Phaneesh Murthy removed from iGate?s board
Jun 09, 2013 at 20:08 | Source: Financial Express
US-based outsourcing firm iGate said majority of its shareholders have consented to the removal of former CEO Phaneesh Murthy from the firm?s board for ?cause?. Murthy, who was sacked on May 20 as iGate?s chief executive for not disclosing a relatio...
Ex-CEO Phaneesh Murthy removed from iGate�s board
Jun 09, 2013 at 20:08 | Source: Financial Express
US-based outsourcing firm iGate said majority of its shareholders have consented to the removal of former CEO Phaneesh Murthy from the firm�s board for �cause�. Murthy, who was sacked on May 20 as iGate�s chief executive for not disclosing a...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
