Capgemini Global CEO Paul Hermelin says he expected a strong spending outlook in financial services and retail space and remains sluggish on manufacturing and telecom.
Capgemini had offered USD 48 for every I-Gate share as part of the definitive merger agreement. The merged group would have around 1,90,000 employees and an operating margin of 10 percent, Capgemini said.
Love it or ignore it but India's massive and economical talent base continues to remain an attraction for global IT vendors. That's the reason European IT giant Capgemini is betting big on India, reports CNBC-TV18's Kritika Saxena.
Paris-based IT company Capgemini is expanding its global reach. Earlier this month the company bagged an IT order from Brazil's fourth largest bank Caixa.