iGATE Corp

• Hedge Fund Blue Harbour’s Top Stock Picks

  By Meena Krishnamsetty - May 13, 2013 | Tickers: CACI, CHS, IGTE, JACK, BIN

  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. Its flagship fund--which often takes short positions, running afoul of some institutional investors’ requirements--has over $1 billion under management and outperformed the S&P 500 in 2012. The fund was founded by a former partner at private equity giant KKR, Clifton more »

• The Slow Demise of Offshore Outsourcing

  By Cecil Sales - October 30, 2012 | Tickers: IGTE, INFY, SYNT, WIT

  Outsourcing contributes to a large chunk of export revenue in developing countries. Mainly India, in the past, has benefited from an offshore outsourcing boom. But now there may be several reasons for that chapter of outsourcing to close. Macro-economic factors combined with renewed competition from US based outsourcing companies may see a large chunk of revenue that would’ve gone to Indian based companies, to stay home in the US more »