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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Murthy himself was asked to quit by the patnl board on 21 May for failing to disclose a relationship with a subordinate employee. Capgemini is also the only European firm to employ more than 50, people in India, making the country its largest offshoring centre. Drag according to your convenience. New e-commerce rules regressive, will harm consumers: Big electronics retailers say no to Bosch and Siemens.
iGate completes acquisition of Patni Computers
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. Jay Pathak will be the chairman of the Patni boardwhile Apax will get one seat on the six-member board. The case has been settled, according to a 7 February report in the Hindustan Times.
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Fill in your details: A lot has been said about the scorching pace of growth in the domestic From rich Asian Games medal haul to cricket team’s success in Australia, a defining year for India.
In the next three years, our goal is to become the leader by capability in two verticals and a significant player in at least three to four other verticals.
The stock surged 3. From putting China ties on even keel to getting crucial US waivers, Modi govt managed geopolitics with flair in However, in SeptemberiGate finally named Ashok Vemuri as its new chief executive, after the latter decided to leave Infosys.
One of the largest deals in the Indian IT industry in recent years, this has propelled iGate to the billion dollar league, making it easier for the company to win larger deals. This article is closed for comments. This will alert our moderators to take action Name Reason for reporting: It acquisitio with price risk management and facilitates effective competition. Find this comment offensive? Never miss a great news story!
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iGATE completes acquisition of Patni – The Hindu
Our intent is to generate synergies out of the integration and, with iGATE’s differentiated iTOPS based Business Outcomes model coupled with Patni’s micro-vertical focus, deliver value to our customers. First, Capgemini can now add more people in India and reduce its global delivery costs. Get instant notifications from Economic Times Allow Not now. What a year has been! Read more on Patni Computer Systems Ltd.
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Capgemini iGate Acquisition India business Offshore centres. The birth of a youth brand This book excerpt outlines how saucy, edgy Fastrack was conceived out of the Titan stable and evolved into a After a four-month process, Nasdaq-listed IT services company iGate on Thursday completed the acquisition of India’s sixth-largest software exporter Patni Computers and announced a new go-to-market brand called ‘ iGate Patni ‘ with a leaner nine-member executive team.
He, however, added that the board had not yet taken a decision on this. 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. So why would the Capgemini group go ahead with such a decision? Mon, Apr 27 South Africa beat Pakistan by 6 wickets.
An impressive run enabled by net penetration, sustained funding A lot has been said about the scorching pace of growth in the domestic InEDS Corp. On the other hand, Capgemini gets most of its business from the UK. Choose your reason below and click on the Report button.
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