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Tough issues for Phaneesh Murthy successor
With the firing of Phaneesh Murthy as chief executive officer, iGate has the uphill task of keeping the herd together, as well as making sure to generate enough cash to service the huge debt it had made for acquisition of Patni Computer.
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iGATE Fires CEO for Not Reporting Relationship With Employee
In the midst of an investigation into his relationship with a subordinate employee and a claim of sexual harassment, the iGATE ( According to the company's press release, the investigation by outside legal counsel engaged by the board has found that Murthy engaged in a relationship with an employee and failed to report it to iGATE's board in ... (more)
iGate dumps Murthy over office relationship
The statement by the Fremont, California-based software company, came after an investigation into "a claim of sexual harassment'' against Murthy and marked the second time he has been embroiled in such a case, AFP reports.
iGate sacks chief executive Murthy after sexual harassment claim
The board of iGate Corp, an information technology outsourcing services provider, has sacked Chief Executive Officer Phaneesh Murthy following an investigation into a claim of sexual harassment, the company said in a statement.
Hedge Fund Blue Harbour's Top Stock Picks Include Jack in the Box Inc.
Blue Harbour has primarily invested in activist situations since its founding in 2004, and recently launched a long-only fund in order to expand its investor base in that strategy.
BYOD Trends Encourage Innovation Across Industries, Phaneesh Murthy of iGATE Discusses Potential
According to IT professional and iGATE CEO Phaneesh Murthy , BYOD policies pose many challenges for businesses--but they also provide technology companies with numerous opportunities to innovate.