iGATE Patni is a technology and services company. It founded by Sunil Wadhwani in and later acquired by CapeGemini. Paris and Bridgewater, New Jersey – Capgemini and IGATE today merger agreement under which Capgemini will acquire IGATE for a cash. Read more about iGate completes Patni acquisition on Business Standard. Reconstitutes Patni board; retains 4 senior executives in the.
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What a year has been!
How Phaneesh Murthy was given a second chance at iGate. New Year flushed with promise world over, but Kashmir stares at another period of gloom amid gunfights and clashes.
This is an area that Capgemini is not particularly known for. From putting China ties on even keel to getting crucial US waivers, Modi govt managed geopolitics with flair in The two companies will operate on an independent basis and in the best interests of their respective stakeholders with a view to building value for both sets of shareholders.
Why the Capgemini-iGate deal makes sense
Sheikh Hasina wins 3rd term as PM in Bangladesh: Capgemini iGate Acquisition India business Offshore centres. The global spot gold prices surged 1. IITian to head one of world’s biggest delivery companies. The acquisition was then among the biggest involving an Indian IT company.
West Indies beat Bangladesh by 50 runs. Vemuri had spent 15 years with Infosys and was seen as a potential candidate to replace current chief executive S. Never miss a great news story! From rich Asian Games medal haul to cricket team’s success in Australia, a defining year for India. Jay Pathak will be the chairman of the Patni boardwhile Apax will get one seat aquisition the six-member board.
A lot has been said about the scorching pace of growth in the domestic Third, Capgemini can become strong in the infrastructure business after it completes the iGate acquisition. Capgemini is also the only European firm to employ more than 50, patnj in India, making the country its largest offshoring centre.
NIFTY 50 10, 2. Will be displayed Will not be displayed Will igste displayed. An impressive run enabled by net penetration, sustained funding A lot has been said about the scorching pace of growth in the domestic Pro-democracy icon turned iron lady, Awami League leader oversaw 10 years of economic growth.
However, in SeptemberiGate finally named Aacquisition Vemuri as its new chief executive, after the latter decided to leave Infosys. He, however, added that the board had not yet taken a decision on this.
iGATE Completes Patni Acquisition; Phaneesh Murthy Appointed CEO, Patni
Cities were renamed, liberals were shouted down and vegans found their voice. This article is closed for comments. Bandersnatch review — Netflix’s interactive episode will make you question the concept of choice Noticing and note-taking with Shubhangi Singh in the rearview mirror: IBM employs about a quarter of itsemployees in India.
Cracking the new CODE of marketing In the new year, marketers will have to igaye on four new essentials Flashback Foul language Slanderous Inciting hatred against a certain community Others. Big electronics retailers say no acuqisition Bosch and Siemens.
Murthy himself was asked to quit by the iGate board on 21 May for failing to disclose a relationship with a subordinate employee. New Zealand beat Sri Lanka by runs. Bandersnatch review — Netflix’s interactive episode will make you question the concept of choice. The challenge of taxing pagni in India Opinion In politics, there are no friends and no enemies Opinion: The outlook for the stock of Kalpataru Power Transmission is positive.
iGate completes Patni acquisition | Business Standard News
Narayana Murthy and most other co-founders of Infosys Ltd once worked. Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings. This will alert our moderators to take action Name Reason for reporting: On the customer reaction, Phaneesh said, “We believe there are a number of cross selling opportunities across the clients of iGATE and Patni and will focus on improving service levels and deepening our engagement with existing clients.
It helps with price risk management acqisition facilitates effective competition.
iGATE acquires Patni finally – The Hindu BusinessLine
InEDS Corp. Your Reason has been Reported to the admin. Get instant notifications from Economic Times Allow Not now.
In the next three years, our goal pattni to become the leader by capability in two verticals and a significant player in at least three to four other verticals. Large portion of Patni’s executive team has been asked to go with the new nine-member executive team retaining all five members of the iGate team and keeping only four from the member Patni team.
South Africa beat Pakistan by 6 wickets.