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iGATE CEO Vemuri to get over Rs 1-cr as performance bonus

Last Updated: Monday, February 10, 2014, 18:41

Besides, the company's compensation committee approved Vemuri's annual performance-based incentive compensation for 2014 with a target annual bonus of USD 500,000.

iGATE firms up new strategy under CEO Vemuri

Last Updated: Monday, November 25, 2013, 23:09

In August, Vemuri resigned as the head of North America region at India's second largest software firm Infosys to take on as iGATE's CEO following Murthy's sacking.

iGATE to pay CEO Vemuri more than double his Infosys package

Last Updated: Tuesday, September 17, 2013, 23:42

Vemuri's package at iGATE works out to more than double the amount he received at Infosys where he was Head of Americas and Global Head of Manufacturing and Engineering.

Phaneesh Murthy sexual harassment case to be settled out of court?

Last Updated: Friday, May 24, 2013, 11:19

The firm has also told the website that majority of cases in the US settle out of court instead of going to trial.

Pregnant Araceli Roiz to sue Phaneesh Murthy

Last Updated: Thursday, May 23, 2013, 13:03

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 Thursday.

Phaneesh Murthy may lose $15 mn as severance benefits from iGate

Last Updated: Wednesday, May 22, 2013, 18:14

Murthy, who was sacked on Tuesday for not disclosing a relationship with a subordinate, however, is entitled to a post termination benefit of USD 6,000 per month till he and his spouse reach the age of 65.

Murthy sex row: CEOs prone to ‘misdemeanors’

Last Updated: Wednesday, May 22, 2013, 12:41

iGate Corp has sacked its CEO Phaneesh Murthy over alleged sexual harassment claims.

iGate shares slide 9% in early trade

Last Updated: Tuesday, May 21, 2013, 22:21

Shares of Nasdaq listed iGate Corp plunged over nine percent to USD 14.90 in early trade on Tuesday, after the company sacked its high profile chief executive Phaneesh Murthy.

Phaneesh's sacking a right decision, NASSCOM

Last Updated: Tuesday, May 21, 2013, 15:10

IGate Corp has sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate and alleged sexual harassment.

iGate sacks CEO Phaneesh Murthy after sexual harassment charge

Last Updated: Tuesday, May 21, 2013, 09:03

Gerhard Watzinger has been appointed as the interim chief executive with immediate effect.