IT firm iGATE on Thursday announced the successful completion of Patni acquisition and appointment of Phaneesh Murthy as CEO of Patni.
In a discussion with Business Standard, Murthy shares the roadmap ahead.
Indian IT companies have played a big role in making US companies more competitive and have created more jobs than taking them away.
US-based iGate on Monday said it has acquired nearly 63 per cent stake in country's sixth largest IT firm Patni Computer Systems for $1. 22 billion.
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
Family office basically caters to the investment - financial and non-financial - needs of a family and its members.
The Nasdaq-listed company has announced increasing Murthy's annual basic salary from the present $530,000 million to $1 million, which along with the annual performance-based bonus opportunity of $500,000 million makes the total annual package to $1.5 million (about Rs 7 crore).
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