Moneycontrol PRO
Loans
HomeNewsPatnicomputersystems
Jump to
  • Patni stock run-up casts a cloud over delisting plan

    Software services firm iGate will wait for three days before deciding on course of action in relation to the delisting of Patni Computer Systems, CNBC-TV18 said Tuesday, quoting iGate CEO Phaneesh Murthy.

  • Patni likely to merge with iGate by 2012: Phaneesh Murthy

    Patni likely to merge with iGate by 2012: Phaneesh Murthy

    iGate may be all set to merge Patni with itself, if its delisting process comes through. That’s the word from Phaneesh Murthy. In an exclusive conversation with CNBC-TV18, Murthy said that he was confident that US clients will increase budgets, a complete contradiction from what the rest of the industry said.

  • May not delist Patni if deal not done at $215m: iGATE

    May not delist Patni if deal not done at $215m: iGATE

    In an interview with CNBC-TV18, Phaneesh Murthy the CEO of iGATE said they plan to arrange a debt facility of about USD 215 million to fund the share purchase.

  • Patni's new management mantra: Small teams more cohesive

    Patni's new management mantra: Small teams more cohesive

    Phaneesh Murhty in an interview with CNBC-TV18 said, "We need smaller teams working more collaboratively, more cohesively together. Pick the right people for the job and start with the much smaller team."

  • Patni targets USD 300-500m deals with iGate pact

    Patni targets USD 300-500m deals with iGate pact

    The acquisition of Patni by iGate has received a positive response from clients, even with the one overlapping between the two, General Electric (GE). The two companies have now gone back to the drawing table to device a ‘go-to market’ strategy targeting big deals for the clients.

  • Patni buy will help iGate build scale: Jefferies

    Patni buy will help iGate build scale: Jefferies

    iGate will buy Patni's founders' and private equity firm General Atlantic's combined 63% stake in the company for USD 921 million. In an interview with CNBC-TV18, Probir Rao, MD, Jefferies India, who was one of the advisors to the iGate consortium, spoke on the transaction and the road ahead.

  • Deal with iGate marks Patni's entry into BFSI: CEO

    Deal with iGate marks Patni's entry into BFSI: CEO

    In an interview with CNBC-TV18, Jeya Kumar, CEO and Surjeet Singh, CFO from the Patni management spoke about their merger with iGate and their development.

  • Prefer to have US listing post Patni deal: Phaneesh Murthy

    Prefer to have US listing post Patni deal: Phaneesh Murthy

    Phaneesh Murthy, CEO of iGate is upbeat on the deal. In an interview to CNBC-TV18, he said that the first preference is to make both iGate and Patni into a complete integrated one company. However, his first option will be to have an US listing and if not then go for Indian bourses.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347