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.

To focus on revenue growth model in '12: Patni

Patni Computer Systems reported a better-than-expected 75% sequential rise in consolidated net profit for the fourth quarter at Rs 146.15 crore, based on US-GAAP accounting standards.

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

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

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."

2011 to be better than 2010, says Patni Computer Systems

In an interview with CNBC-TV18, Surjeet Singh, CFO, Patni, speaks about the results and gives his outlook going forward.