At present, at least, five over $500-million deals are being discussed for potential acquisition.
During the quarter ended March 31, it added seven clients, the highest since the third quarter of 2007-08.
iGate Patni is all set to compete with the likes of IBM, Accenture, Infosys and Congnizant.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
Fair valuation of minority stake in joint venture at core of dispute; different worth of shares in two Essar entities a thorny issue.
Ruias to challenge Vodafone's put option, continue reverse-listing plan.
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
The report said recent concerns about manpower like attrition, quality of talent and rising wages, have compelled IT companies to take a relook at their so far successful offshore business model more than ever before.
The Bangalore-based company has revamped itself as it aims to simplify its business structure and focus on being a specialist in certain areas.
Bigger telecom companies are likely to get a bigger share of the 3G subscribers as they own high average revenue per user customers, who are more likely to sample premium services like 3G.
TCS is stepping into an unchartered territory by targeting the small and medium enterprises.
According to Grant Thornton's January data, IT & ITeS tracked the highest in terms of value, with the industry investing $1.2 billion in M&A over 12 deals.
To get the best talent, they put stiff riders for recruitment.
Sources said Vishal Gondal, founder of Indiagames, along with existing investors Cisco and Adobe, are in talks with both private equity consortia and strategic investors to buy back the stake they'd once sold to the parent firm.
"Every Cricket enthusiast would like to watch the matches in the best quality format. Hence it is obvious that players are hoping for a good sales year. But this will also mean plethora of schemes for the users to chose from," said a market expert.
The cost of a Bluetooth is less than $5. Besides, Bluetooth is based on radio technology. Radio is very simple and it does not support high data runs.
A stake sale deal between Patni Computer Systems and iGate is on course, but has been delayed due to procedural issues.Sources involved in the deal said they include tax-related developments and offshore transaction fees.
However, the Carlyle-Advent consortium could revise its bid upwards, said two independent sources tracking the deal.
The current talks on stake sale by its promoters at India's seventh largest information technology services company, Patni Computer Systems, seem to be in the final stages. Whichever way the deal swings, analysts feel the company will lose some business.
Pavan Vaish, one of the co-founders and the chief executive officer of IBM Daksh, has announced that he will leave IBM by the end of February. IBM announced it had completed the integration of IBM Daksh and its business process outsourcing (BPO) operations would be rebranded as IBM Global Process Services.
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