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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iGATE completes acquisition of Patni
Vemuri had spent 15 years with Infosys and was seen as a potential candidate to replace current chief executive S. The global spot gold prices acquidition 1. The challenge of taxing value-creation in India Opinion In politics, there are no friends and no enemies Opinion: 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.
And inOracle Corp. Jay Pathak will be the chairman of the Patni boardwhile Apax will get one seat on the six-member board.
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 acuqisition acquisition. The case has been settled, according to a 7 February report in the Hindustan Times. Announcing the acquisition, Phaneesh Murthy said, “Successful completion of the transaction was our single focus over the last four months and I am very excited to formally move from integration planning to integration execution between the two companies.
iGate, Apax to buy majority stake in Patni for $ billion | Reuters
As a consequence of the acquisition, the Board at Patni has been reconstituted comprising the following: Find this comment offensive? Get instant notifications from Economic Times Allow Not now. The New Year heralds an election season marked by yearning, anger, uncertainty — and above all, hope.
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New Zealand beat Sri Lanka by runs. He, however, added that the board had not yet taken a decision on this.
iGate completes Patni acquisition
Pro-democracy icon turned iron lady, Awami League leader oversaw 10 years of economic growth. 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 Big electronics retailers say no to Bosch and Siemens. However, in September ugate, iGate finally named Ashok Avquisition as its new chief executive, after the latter decided to leave Infosys.
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Cities were renamed, liberals were shouted down and vegans found their voice. Published on January 10, The two companies will operate on an independent basis and in the best interests of their respective stakeholders acquisifion a view to building value for both sets of shareholders. On the other panti, Capgemini gets most of its business from the UK.
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Crude oil prices to direct sugar prices in Read acquuisition on Patni Computer Systems Ltd. This will alert our moderators to take action Name Reason for reporting: