Last Updated: Sunday, April 14, 2013, 14:02
In 2011, US-based iGate acquired nearly 63 percent stake in Patni Computer Systems (then India's sixth largest IT firm) for USD 1. 22 billion.
Last Updated: Monday, May 07, 2012, 11:02
The name ‘Patni’, representing Patni Computer Systems Limited, a majority owned subsidiary, has been removed from its brand identity.
Last Updated: Monday, April 09, 2012, 18:54
US-based iGate Corporation Monday said it will offer Rs 520 per share to shareholders of Patni Computer Systems to get its Indian arm delisted from stock exchanges.
Last Updated: Tuesday, March 27, 2012, 19:52
Rio Tinto expects to spend around USD 60 million to USD 80 million over the next five years on this partnership, both the companies said in a joint statement.
Last Updated: Monday, March 19, 2012, 11:53
Technology firm iGATE Patni expects nearly 25 per cent of its overall revenue to come from the product engineering services (PES) business in 2-3 years.
Last Updated: Wednesday, January 25, 2012, 20:29
The company has posted a net profit of Rs 90.27 crore for the same period a year ago.
Last Updated: Thursday, November 17, 2011, 11:23
Defying the weak broader market, shares of Patni Computer Systems climbed by up to 18 percent in early trade on the bourses on Thursday after US-based promoter iGate announced plans to delist the domestic company from Indian bourses by mid-2012 to obtain full ownership.
Last Updated: Wednesday, November 16, 2011, 19:24
The delisting will be done through a reverse book building process, it said in a statement.
Last Updated: Friday, November 04, 2011, 18:15
IT firm iGate-Patni plans to hire about 5,000 persons next year, as it consolidates its business post the acquisition of Indian firm Patni Computer, with most of them being freshers.
Last Updated: Monday, July 25, 2011, 15:35
IT firm iGate Patni on Monday reported a decline of nearly 93 percent in net income to Rs 10.8 crore for the second quarter ended June 30, 2011, primarily on account of foreign exchange losses.
Last Updated: Monday, July 18, 2011, 11:49
IT firm iGate Patni Monday said it has bagged a contract worth USD 30 million (nearly Rs 133 crore) from US-based Weyerhaeuser NR to provide and manage IT infrastructure service operations.
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