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    • Stocks in news: Tata Steel, Jet airways, NMDC, GSK Consumer

      GSK Consumer Healthcare | Hindustan Copper | NMDC | SAIL | NTPC | MMTC | Oil India | Blue Dart | Jet airways | M&M | Hero Motocorp | Ranbaxy | Gujarat NRE Coke | Sesa Goa | Tata Power | Jindal Poly Films | Kavveri Telecom and Titagarh Wagons are stocks | which are in news today.

    • iGATE targets 25% EBITDA for Patni-iGATE entity in 2 years

      Phaneesh Murthy, CEO, IGATE says, currently, Patni is roughly 600 basis points lower than iGATE in gross margins and in earnings before interest, taxes, depreciation and amortization (EBITDA). “Our goal in two years is to get the combined company (Patni-iGATE entity) upto 40-41% growth margin and 25% EBITDA,” he adds.

    • iGATE Q1 net income up 54% at USD 17.9 mn

      iGATE GLOBAL Solutions has announced that its net income for first quarter ended 31st March 2011 increased 54% to USD 17.9 million from USD 11.6 million in the first quarter 2010.

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