Igate Corp

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  Xerox Names Ashok Vemuri As CEO Of Its BPO Business

  Xerox Corp said on Tuesday Ashok Vemuri will become the chief executive of its business process outsourcing unit after the company splits into two publicly traded entities.

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  Competition Commission 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.

• Capgemini in $563 Million Capital Boost to Fund iGate Buy

  French IT services company Capgemini said on Tuesday that it was launching a capital increase of 500 million euros ($563.60 million) to help fund its planned acquisition of US rival iGate Corp.

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  Capgemini to Buy iGate in $4 Billion Deal

  Capgemini plans to buy United States-based iGate Corp for $4 billion cash to make North America its biggest market and is raising its sales outlook for 2015 after a solid first-quarter, the French IT services company said on Monday.

• iGate says revenue to grow faster in 2nd half; shares up

  IT services company iGate Corp said revenue would grow faster in the second half of the year, after it reported better-than-expected quarterly results due to customer additions and higher revenue from Europe and financial industry clients.

• iGate Q3 net rises 12.7 per cent; to invest $120 million in infrastructure

  Beating market estimates, outsourcing firm iGate Corp reported on Thursday a 12.7 per cent rise in net income for the third quarter in 2013, helped by volatility in rupee against the US dollar and better-than-expected performance by its banking and financial services unit.

• Phaneesh Murthy removed from iGate board

  Majority of shareholders removed former CEO Phaneesh Murthy for 'cause' from the iGATE Corp board by written consent in lieu of a meeting.

• Phaneesh Murthy asked 'pregnant' employee to seek abortion, leave iGate: law firm

  Disgraced IT executive Phaneesh Murthy and his former employer iGate Corp will be sued by the firm's investor relations head for alleged sexual harassment, the victim's law firm said today.

• Phaneesh Murthy may lose around Rs 84 crore in severance benefits from iGate

  Phaneesh Murthy, the disgraced former chief executive of iGate Corp, may lose as much as $15.09 million (about Rs 84 crore) in severance benefits after being sacked by the US-based firm for professional misconduct.

• In India, silence on sexual harassment?

  IT outsourcing company iGate Corp on Tuesday sacked its chief executive Phaneesh Murthy, one of the biggest names in the IT world, for not disclosing a relationship with a subordinate after investigating him for sexual harassment.

• Phaneesh Murthy sacked, terms sexual harassment charges as 'extortion'

  Phaneesh Murthy, the sacked chief executive of iGate Corp, says he will rigourously defend the charges of sexual harassment brought against him by a subordinate that led to his termination from the company. Mr Murthy is one of India's best-known IT executives.

• Phaneesh Murthy sacked: Complete statement by iGate

  Technology outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.

• Who is Phaneesh Murthy?

  Phaneesh Murthy has had his share of both fame and controversy in a long and often glittering career as a global IT executive. However, his sacking as the chief executive officer of California-based iGate Corp may bring to an end his ambition of taking on India's IT biggies such as Tata Consultancy Services and Infosys.

• Who is Phaneesh Murthy?

  Phaneesh Murthy has had his share of both fame and controversy in a long and often glittering career as a global IT executive. However, his sacking as the chief executive officer of California-based iGate Corp may bring to an end his ambition of taking on India's IT biggies such as Tata Consultancy Services and Infosys.

• Phaneesh Murthy, chief of iGates, sacked after sexual harassment allegation

  The board of iGate Corp, an information technology outsourcing services provider, has sacked Chief Executive Officer Phaneesh Murthy following an investigation into a claim of sexual harassment, the company said in a statement.