Coalscam: Court asks CBI to continue probe against company
Oct 15, 2014 at 12:39 | Source:
New Delhi: A special court today ordered further investigation in a coal blocks allocation scam case, involving Vikash Metals and Power Ltd and its officials, in which the CBI had filed a closure report.The court also directed the CBI to file a furth...
Antony redflags Defence Ministry proposal on Rolls Royce
May 11, 2014 at 18:42 | Source:
New Delhi: Defence Minister AK Antony has red-flagged a proposal of his own Ministry to continue doing business with the UK-based Rolls Royce, which is facing a CBI probe for allegedly paying bribes and engaging middlemen in contracts for supplying e...
Ashok Vemuri abandons iGate revenue target set by Phaneesh Murthy
Apr 11, 2014 at 01:41 | Source:
BANGALORE: Ashok Vemuri has abandoned the lofty revenue target set by his predecessor Phaneesh Murthy eight months into his job as chief executive officer of iGate Corporation. Vemuri, a former Infosys board member who joined iGate in September last ...
CBI registers preliminary enquiry in Rolls Royce bribery case
Mar 21, 2014 at 23:45 | Source:
New Delhi, March 21 (IANS) The Central Bureau of Investigation Friday registered a Preliminary Enquiry into the alleged bribery in the Rs. 18.8 crore deal for supply of aircraft engines to state-owned Hindustan Aeronautics Limited (HAL) by Britain's ...
Defence scam: Rolls Royce to return Rs 18 cr paid to commission agents
Mar 09, 2014 at 21:41 | Source:
New Delhi: Facing the heat of a CBI probe in an alleged bribery scandal, British firm Rolls Royce has written to the state-owned HAL that it was ready to return Rs 18 crore paid by it to its commission agents to the government.The Defence Ministry or...
CBI probe set to begin in HAL-Rolls Royce bribery scam
Mar 09, 2014 at 11:10 | Source:
The Central Bureau of Investigation (CBI), in the next couple of days,will register a preliminary enquiry into the alleged bribery in aRs 10,000 crore deal for supply of aircraft engines tostate-owned Hindustan Aeronautics Limited by London-basedRoll...
The media and the message
Jan 21, 2014 at 01:27 | Source:
The Hindu BusinessLine
The tragic death of Union Minister Shashi Tharoor’s wife Sunanda Pushkar, whose body was found in a five star hotel in New Delhi on Friday evening, is a grim reminder of the negative fallout of social media. This arm of the media has revolutio...
Phaneesh Murthy to offer consultancy in business strategy, restructuring
Dec 15, 2013 at 18:32 | Source:
The Hindu BusinessLine
After getting sacked from iGate as its CEO for not disclosing a sexual relationship with a colleague, Phaneesh Murthy is starting afresh and will offer consultancy services in areas like business strategy and restructuring. “I hope to work wit...
Phaneesh Murthy to offer consultancy services, seeks fresh start
Dec 15, 2013 at 14:44 | Source:
New Delhi: After getting sacked from iGate as its CEO for not disclosing a sexual relationship with a colleague, Phaneesh Murthy is starting afresh and will offerconsultancy services in areas like business strategy and restructuring."I hope to w...
Phaneesh Murthy to offer consultancy in business strategy and restructuring
Dec 10, 2013 at 04:47 | Source:
BANGALORE: Phaneesh Murthy, who was sacked from iGate as its CEO for not disclosing a sexual relationship with a colleague, has revived a partnership with his wife Jaya for the business advisory services company Primentor Inc. The company was co-foun...
iGate chief Ashok Vemuri to give unit heads more power
Nov 20, 2013 at 05:47 | Source:
BANGALORE: iGate will move away from the personality-led leadership style of former chief executive Phaneesh Murthy and give its unit heads more power, the Nasdaq-listed information technology firm's new boss Ashok Vemuri told analysts at a technolog...
Ashok Vemuri s entry sparks top-level exodus at iGate
Nov 16, 2013 at 12:42 | Source:
BANGALORE: iGate is witnessing an exodus of top-level executives following the appointment of Ashok Vemuri as its CEO in September. The California-based, Nasdaq-listed outsourcing company, which does most of its delivery out of India, has seen at le...
iGATE Q3 net rises 12.7% on outsourcing orders
Oct 11, 2013 at 14:47 | Source:
The Hindu BusinessLine
Nasdaq-listed iGATE has reported strong quarterly results in the third quarter ended September 30, driven by healthy outsourcing orders and a depreciating rupee. The company posted net profits of $31.9 million or a 12.7 per cent growth in the same p...