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French IT services

13 Jan 2016

Capgemini appoints Srinivas Kandula to head India operations

Kandula played a key role in the acquisition of Patni by IGATE in 2011, and of IGATE by Capgemini in 2015.

06 Oct 2015

IGATE CEO Ashok Vemuri quits 3 months after Capgemini merger

Capgemini Tuesday said IGATE CEO Ashok Vemuri has put in his papers after three months of the US-based firm being acquired in a USD 4 billion deal.

02 Jul 2015

CCI approves acquisition of IGATE Corp by Capgemini

The fair trade regulator, which keeps a tab on unfair business practices across sectors, has approved the acquisition as the deal may not have an adverse impact on competition in the country.

02 Jun 2015

IGATE sold off domestic IMS biz before buyout by Capgemini

Days before IGATE was acquired by French IT giant Capgemini, the US-based firm sold off its domestic infrastructure management services (IMS) operations to India's MindSquare Technologies for about USD 5 million.

29 Apr 2015

Law firms look into alleged fiduciary duty violations by IGATE

As many as five US-based law firms are investigating charges of whether IGATE Board of Directors failed to maximise gains of shareholders before inking the multi-billion dollar deal with French rival Capgemini.

28 Apr 2015

IGATE's acquisition will make Vemuri richer by $19 million

IGATE's acquisition by French rival Capgemini will make its CEO Ashok Vemuri richer by over USD 19 million (about Rs 120 crore).

27 Apr 2015

Capgemini to buy IGATE in USD 4 billion US expansion push

French IT services and consulting company Capgemini said today it was buying New Jersey-based IGATE for USD 4 billion (3.7 billion euros), boosting its US-generated business to 30 per cent of its total activity.

Phaneesh Murthy

23 Mar 2015

Phaneesh Murthy launches health and lifecare venture

Entering a new arena, former iGate CEO Phaneesh Murthy is launching an online market place for healthcare products and services in partnership with four professionals.

20 Jan 2015

IGATE Q4 net profit up 14.8% at $38 mn

US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 percent growth in net profit at USD 38 million for the fourth quarter ended December 31, 2014, helped by deals in industry utility-solutions.

15 Oct 2014

IGATE Q3 Net up 17% at $37.3 mn

US-based outsourcing solutions firm IGATE Wednesday reported a 17 percent growth in net profit at USD 37.3 million for the third quarter ended September 30, 2014, aided by growing traction in segments like financial services, healthcare and industry utility solutions.

Outsourcing solutions

18 Sep 2014

ITOPS, Europe, automation to drive IGATE's growth strategy

Outsourcing solutions firm IGATE will focus on its integrated technology and operations (ITOPS) model, besides concentrating on automation and geographies like Europe to sustain its growth momentum.

16 Jul 2014

IGATE Q2 Net at $3.1 mn; takes $51.8 mn one time debt charge

US-based outsourcing firm IGATE today said its net profit declined 89.6 percent to USD 3.1 million for the quarter ended June 30, 2014 hit by a one-time charge related to a debt settlement.

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