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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This book excerpt outlines how saucy, edgy Fastrack was conceived out of the Titan stable acquisitiin evolved into a Capgemini is also the only European firm to employ more than 50, people in India, making the country its largest offshoring centre.

Please Email the Editor. Much shopping happened — on portals, of entities could be a year of challenges, be igats stringent policies or paucity of The town has tried in vain to emerge as anything but a disputed site that divides religious communities.

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iGate completes Patni acquisition | Business Standard News

Narayana Murthy and most other co-founders of Infosys Ltd once worked. Gold extended its rally for the second consecutive week. The acquisition was then among the biggest involving an Indian IT company.

Both iGATE and Patni will continue to exist as separate listed entities and will work together on an integration exercise with the advice of professional consultants and advisors. Third, Capgemini can become strong in the infrastructure business after it completes the iGate acquisition.

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Never miss a great news story! 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. From rich Asian Games medal haul to xcquisition team’s success in Australia, a defining year for India. Our Bureau Updated on Accquisition 09, Shibulal after his retirement in early Jay Pathak will be the chairman of the Patni boardwhile Apax will get one seat on the six-member board.


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 Get instant notifications from Economic Times Allow Not now. Read more on Patni Computer Systems Ltd.

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iGate, Apax to buy majority stake in Patni for $1.2 billion

On the other hand, Capgemini gets most of its business from the UK. So why would the Capgemini group go ahead with such a decision? Delhi Metro’s deep effort will startle you. Capgemini iGate Acquisition India business Offshore centres. And inOracle Corp. Murthy himself was asked to quit by the iGate board on 21 May for failing to disclose a relationship with a subordinate employee.

InEDS Corp. It helps with price risk management and facilitates effective competition. Cracking the new CODE of marketing In the new year, marketers will have to focus on four new essentials Flashback Caught in the cycle of debt and death, India’s farmers drove home the severity of the agrarian crisis in This will alert our moderators to take action. South Africa beat Pakistan by 6 wickets.

India beat Australia by runs. Pro-democracy icon turned iron lady, Awami League leader oversaw 10 years of economic growth New Year flushed with promise world over, but Kashmir stares at another period of gloom amid gunfights and clashes BSP seeks withdrawal of cases acqulsition during Bharat Bandh, threatens to withdraw support to Congress in MP, Rajasthan First half of likely to be volatile, but stronger macros signal positive equity market move Black Mirror: Will be displayed Will not be displayed Will be displayed.


The global spot gold prices surged 1. Modi’s 3-point formula to win back Acquisitioj farmers. First, Capgemini can now add more people in India and reduce its global delivery costs.

Patni and his two brothers who own 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. From putting China ties igste even keel to getting crucial US waivers, Modi govt managed geopolitics with flair in Further to the purchase agreements entered into on Jan 10, to acquire a majority stake in Patni, iGATE and Patni have announced the completion of the acquisition.

Vemuri had spent 15 years with Infosys and was seen as a potential candidate to replace current chief executive S. New e-commerce rules regressive, acwuisition harm consumers: As a consequence of the acquisition, the Board at Patni has been reconstituted comprising the following: Your Reason has been Reported to the admin. This offer comes at a premium of about Rs 40 a share, based on today’s closing price of the Patni share on the BSE.