By Sumeet Chatterjee and Harichandan Arakali MUMBAI/BANGALORE (Reuters) - IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate. Shares of the company fell 13 percent on the Nasdaq after the removal of Murthy, who led several initiatives to improve the company's performance such as charging clients for business results instead of man hours, the billing method more commonly used by IT outsourcing firms. ...
via Tech News Headlines - Yahoo! News http://news.yahoo.com/igate-sacks-chief-executive-murthy-sexual-harassment-claim-022626936.html
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