The company has a market capitalisation of $743 billion.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
Murthy met Delhi Chief Minister Arvind Kejriwal last week.
For the September quarter, the company reported 16.92 per cent year-on-year growth in net profit, at $37.3 million.
Microsoft Corp announced its 'Windows 10' operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers.
Firm to prune domestic costs through initiatives such as voluntary separation
Struggling BlackBerry may have to shell out $157 million to Fairfax Financial if the smartphone maker backs out from the proposed $4.7 billion takeover offer.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers
It was a "bloody Monday" for Chinese stock markets as shares once again nosedived in the sharpest decline since 2007.
The dollar is king in an intermediate correction, says Sonali Ranade
The system will wed BlackBerry's security platform with the South Korean company's own security software for its Galaxy devices.
Rajeev Mehta, chief executive officer for IT services, explains to Business Standard that the company was faced with some client-specific issues, which led to this.
He takes over from Ashutosh Vaidya, who will move into a full-time position as head of Global Delivery for Dell Services.
In an interaction with rediff.com, various TiE members expressed hopes of revival in the Indian economy after the formation of the new government.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Usain Bolt says he is not yet ready for a duel with Justin Gatlin.
There are few strategies to invest safely in a volatile market.
iGate Corp, the Nasdaq-listed information technology (IT) services company, on Thursday posted better-than-expected numbers for the quarter ended September 30, backed by impressive performance by some of its key verticals such as banking, financial services & insurance (BFSI), manufacturing and health care.
Estimates suggest Sina Weibo has over 500 million users.
Star Wars fans, who are eagerly awaiting the release of the seventh film in the saga, Star Wars: Episode VII - The Force Awakens, love to meet up and dress up as their favourite characters to watch the movies together and socialise.
Sebi has long struggled with balancing the needs of small investors and those of the market.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Bank shares were the top losers after sharp gains last week.
Even if the central bank doesn't pull the trigger later, it is still expected to by the end of the year.
Sources said the spin-off, a joint venture company, was yet to be named.
The digital opportunity is not just tech opportunity, but an opportunity to reinvent client business model.
The local markets are expected to react to global triggers until the government announces the Union Budget.
Don't catch falling knives or chase bear rallies no matter how enticing those eight pc green blips look. They may be mouse traps, warns Sonali Ranade
Firm evaluating options, could spend over $400 million.
Most e-commerce firms with 'Singapore holding structures' would opt out of the new Sebi platform
The launch kicks off a busy period for Waterloo, Ontario-based BlackBerry.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Monsoon is expected to be normal in June.
IT firm iGate is planning to revamp its go-to-market strategy
