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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-K/A
                               (Amendment No. 1)

(Mark One)
[X]Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act
   of 1934

  For the fiscal year ended December 31, 2000

[_]Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange
   Act of 1934

                        Commission File Number 000-21755

                           iGATE CAPITAL CORPORATION
                         (formerly Mastech Corporation)
             (Exact name of registrant as specified in its charter)

              PENNSYLVANIA                             25-1802235
      (State or other jurisdiction                  (I.R.S. Employer
   of incorporation or organization)              Identification No.)

       10 Foster Plaza, 5th Floor
           680 Andersen Drive
        Pittsburgh, Pennsylvania                         15220
    (Address of principal executive                    (Zip Code)
                offices)

       Registrant's telephone number, including area code: (412) 503-4450

        Securities registered pursuant to Section 12(b) of the Act: None

 Securities registered pursuant to Section 12(g) of the Act: Common Stock, $.01
                                   par value

   Indicate by check mark whether the registrant (1) has filed all reports to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months, and (2) has been subject to such filing requirements
for the past 90 days. Yes [X] No [_]

   The aggregate market value of the voting stock held by non-affiliates of the
registrant as of February 28, 2001 (based on the closing price of such stock as
reported by NASDAQ on such date) was $61,024,268.

   The number of shares of the registrant's Common Stock, par value $.01 per
share, outstanding as of February 28, 2001 was 51,235,814 shares.

   Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of the registrant's knowledge, in a definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [_]

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<PAGE>

                               PORTIONS AMENDED

The registrant hereby amends Part IV contained in the registrant's Annual Report
on Form 10-K for the fiscal year ended December 31, 2000. Except as set forth
below, no other changes are made to the registrant's Report on Form 10-K for the
fiscal year ended December 31, 2000.
<PAGE>

                                    PART IV

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K

(a) 1. Financial Statements

   The following consolidated financial statements of the registrant and its
subsidiaries are included on pages 29 to 53 and the report of independent
public accountants is included on page 30 in this Form 10-K.

   Report of Independent Public Accountants.

   Consolidated Balance Sheets--December 31, 2000 and 1999.

   Consolidated Statements of Operations--Years ended December 31, 2000, 1999
and 1998.

   Consolidated Statements of Shareholders' Equity--Years ended December 31,
2000, 1999 and 1998.

   Consolidated Statements of Cash Flows--Years ended December 31, 2000, 1999
and 1998.

   Notes to Consolidated Financial Statements

   2. Consolidated Financial Statement Schedules

   The following consolidated financial statement schedules shown below should
be read in conjunction with the consolidated financial statements on pages [28
to 33] in this Form 10-K. All other schedules are omitted because they are not
applicable or the required information is shown in the Consolidated Financial
Statements or notes thereto.


                                       54
<PAGE>

   The following items appear immediately following the signature pages:

   Report of Independent Public Accountants on Consolidated Financial Statement
Schedules.

   Financial Statement Schedules:

   Schedule II--Valuation and Qualifying Accounts for the three years ended
December 31, 2000.

   Financial Data Schedules

   3. Exhibits

   Exhibits required by Item 601 of Regulation S-K are listed in the Exhibit
Index, which is incorporated herein by reference.

(b) Reports on Form 8-K:

   The Company did not file any reports on Form 8-K during the quarter ended
December 31, 2000.

                                       55
<PAGE>

                           iGATE CAPITAL CORPORATION
                 Schedule II--Valuation and Qualifying Accounts
              For the Years Ended December 31, 2000, 1999 and 1998

<TABLE>
<CAPTION>
                                    Balance at                       Balance at
                                    beginning   Charged                end of
                                    of period  to expense Deductions   period
                                    ---------- ---------- ---------- ----------
<S>                                 <C>        <C>        <C>        <C>
Allowance for Doubtful Accounts
Year ended December 31, 2000.......   $2,069     $3,442    $(3,718)    $1,793
Year ended December 31, 1999.......    1,728        432        (91)     2,069
Year ended December 31, 1998.......    1,215      1,413       (900)     1,728

Restructuring Reserve
Year ended December 31, 2000.......   $2,360     $4,385    $(1,693)    $5,052
Year ended December 31, 1999.......      245      4,727     (2,612)     2,360
Year ended December 31, 1998.......       --      3,212     (2,966)       245
</TABLE>

                                       56

<PAGE>

<TABLE>
<CAPTION>
 Exhibit                      Index Description of Exhibit
 -------                      ----------------------------
 <C>     <S>
  3.1    Second Amended and Restated Articles of Incorporation of the Company
         are incorporated by reference to Exhibit 3.1 to the Quarterly Report
         on Form 10-Q, File No. 000-21755, filed on August 14, 2000.

  3.2    Amended and Restated Bylaws of the Company are incorporated by
         reference to Exhibit 3.2 to the Quarterly Report on Form 10-Q, File
         No. 000-21755, filed on August 14, 2000.

  4.1    Form of certificate representing the Common Stock of the Company is
         incorporated by reference From Exhibit 4.1 to iGate Capital
         Corporation's Registration Statement on Form S-1, Commission File No.
         333-14169, filed on November 19, 1996.

  4.2    Note Purchase Agreement dated as of July 22, 1999 between iGate
         Capital Corporation and GE Capital Equity Investments, Inc. is
         incorporated by reference from Exhibit 4.1 to the Quarterly Report on
         Form 10-Q, File No. 000-21755 filed on November 15, 1999.

  4.2(a) First Amendment to Note Purchase Agreement and Waiver dated August 1,
         2000 by and between iGate Capital Corporation and GE Capital Equity
         Investments, Inc. is incorporated by reference to Exhibit 10.1 to the
         Quarterly Report on Form 10-Q, Commission File No. 000-21755, filed on
         November 14, 2000

  4.3    Registration Rights Agreement dated as of July 22, 1999 between iGate
         Capital Corporation and GE Capital Equity Investments, Inc. is
         incorporated by reference from Exhibit 4.2 to the Quarterly Report on
         Form 10-Q No. 000-21755 filed on November 15, 1999.

 10.1    Form of Employment Agreement by and between the Company and Sunil
         Wadhwani and Ashok Trivedi is incorporated by reference from Exhibit
         10.1 to iGate Capital Corporation's Registration Statement on Form S-
         1, Commission File No. 333-14169, filed on November 19, 1996.*

 10.1(a) Form of Amendment to Employment Agreement by and between the Company
         and Sunil Wadhwani and Ashok Trivedi is filed herewith.*

 10.2    Executive Employment Agreement dated November 22, 2000 between Steven
         Shangold and Emplifi, Inc. is filed herewith.*

 10.3    Amended and Restated Agreement dated October 18, 2000 between iGate
         Capital Corporation and Bruce Haney is filed herewith.*

 10.4    1996 Stock Incentive Plan is incorporated by reference to Exhibit 10.2
         to iGate Capital Corporation's Registration Statement on Form S-1,
         Commission File No. 333-14169, filed on November 19, 1996.*

 10.5    Amended and Restated 1996 Stock Incentive Plan is incorporated by
         reference to Exhibit 10.1 to the Quarterly Report on Form 10-Q, File
         No. 000-21755 filed on November 16, 1998.*

 10.6    Second Amended and Restated 1996 Stock Incentive Plan is incorporated
         by reference to Exhibit 99.1 to iGate Capital Corporation's Definitive
         Proxy Statement, File No. 000-21755 filed on December 30, 1998.*

 10.7    Second Amended and Restated Stock Incentive Plan is incorporated by
         reference to Exhibit 10.1 to the Quarterly Report on Form 10-Q, File
         No. 000-21755, filed on August 14, 2000.*

 10.8    Credit Agreement dated August 1, 2000 by and among iGate Capital
         Corporation, as borrower, and the financial institutions party
         thereto, as lenders, and PNC Bank, N.A., as agent and as Swing Loan
         Lender and Issuing Bank is incorporated by reference to Exhibit 10.2
         to the Quarterly Report on Form 10-Q, Commission File No. 000-21755,
         filed on November 14, 2000

 10.8(a) First Amendment to Credit Agreement dated November 28, 2000 by and
         among iGate Capital Corporation, PNC Bank, N.A. and National City Bank
         of Pennsylvania is filed herewith.

 10.9    Lease Agreement dated January 15, 1995 by and between Mascot Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Bangalore, India is incorporated by reference to Exhibit 10.10 to
         iGate Capital Corporation's Registration Statement on Form S-1,
         Commission File No. 333-14169, filed on November 19, 1996.
</TABLE>


                                       57

<PAGE>

<TABLE>
<CAPTION>
 Exhibit                      Index Description of Exhibit
 -------                      ----------------------------
 <C>     <S>
 10.10   Lease Agreement dated November 6, 1996 by and between Mascot Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Bangalore, India is incorporated by reference to Exhibit 10.11 to
         iGate Capital Corporation's Registration Statement on Form S-1,
         Commission File No. 333-14169, filed on November 19, 1996.

 10.11   Lease Agreement dated January 15, 1998 by and between Mascot Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Bangalore, India incorporated by reference to Exhibit 10.12 to Annual
         Report on Form 10-K for the year ended December 31, 1998.

 10.12   Lease Agreement dated March 26, 1997 by and between Mascot Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Bangalore, India incorporated by reference to Exhibit 10.13 to Annual
         Report on Form 10-K for the year ended December 31, 1998.

 10.13   Lease Agreement dated January 13, 1998 by and between Mascot Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Chennai, India incorporated by reference to Exhibit 10.14 to Annual
         Report on Form 10-K for the year ended December 31, 1998.

 10.14   Lease Agreement dated April 1, 1996 by and between Scott Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Bombay, India is incorporated by reference from Exhibit 10.12 to iGate
         Capital Corporation's Registration Statement on Form S-1, Commission
         File No. 333-4169, filed on November 19, 1996.

 10.15   Lease Agreement dated April 1, 1996 by and between Scott Systems
         Private Limited and Sunil Wadhwani for real estate in Bombay, India is
         incorporated by reference to Exhibit 10.13 to iGate Capital
         Corporation's Registration Statement on Form S-1, Commission File No.
         333-14169, filed on November 19, 1996.

 10.16   Lease Agreement dated April 1, 1996 by and between Scott Systems
         Private Limited and Ashok Trivedi for real estate in Bombay, India is
         incorporated by reference to Exhibit 10.14 to Mastech Corporation's
         Registration Statement on Form S-1, Commission File No. 333-14169,
         filed on November 19, 1996.

 10.17   Lease Agreement dated April 18, 1998 by and between Scott Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Mumbai, India incorporated by reference to Exhibit 10.18 to Annual
         Report on Form 10-K for the year ended December 31, 1998.

 10.18   Lease Agreement dated April 18, 1998 by and between Scott Systems
         Private Limited and Messrs. Wadhwani and Trivedi for real estate in
         Mumbai, India incorporated by reference to Exhibit 10.19 to Annual
         Report on Form 10-K for the year ended December 31, 1998.

 10.19   Sublease Agreement dated February 10, 1995 by and between Westinghouse
         Electric Corporation and the Company for the Company's Oakdale, PA
         headquarters, as amended by amendment dated March 20, 1996 is
         incorporated by reference to Exhibit 10.19 to iGate Capital
         Corporation's Registration Statement on Form S-1, Commission File No.
         333-14169, filed on November 19, 1996.

 10.20   Lease Agreement dated October 14, 1998 by and between Park Ridge One
         Associates and the Company for office space located in Park Ridge
         Office Center near Pittsburgh, Pennsylvania incorporated by reference
         to Exhibit 10.25 to Annual Report on Form 10-K for the year ended
         December 31, 1998.

 10.21   Lease Agreement dated June 8, 2000 by and between the Company and
         Foster Plaza Holding Corporation for office space in Foster Plaza
         located near Pittsburgh, Pennsylvania is filed herewith.

 10.22   Stock Purchase Agreement by and between the Company and Messrs.
         Wadhwani and Trivedi for their shares of Mascot Systems Private
         Limited (incorporated by reference to Exhibit 10.20 on Form S-1 of
         iGate Capital Corporation, Commission File No. 333-14169, filed on
         November 19, 1996).

 10.23   Shareholders Agreement by and among the Company, Sunil Wadhwani and
         Ashok Trivedi and the Joinder Agreement by Grantor Retained Annuity
         Trusts established by Messrs. Wadhwani and Trivedi are incorporated by
         reference to Exhibit 10.5 to iGate Capital Corporation's Registration
         Statement on Form S-1, Commission File No. 333-14169, filed on
         December 16, 1996.
</TABLE>


                                       58

<PAGE>

<TABLE>
<CAPTION>
 Exhibit                      Index Description of Exhibit
 -------                      ----------------------------
 <C>     <S>
 10.24   Agreement and Plan of Merger by and between the Company and SWAT
         Systems is incorporated by reference to Exhibit 10.15 to iGate Capital
         Corporation's Registration Statement on Form S-1, Commission File No.
         333-14169, filed on November 19, 1996.

 10.25   Form of S-corporation Revocation, Tax Allocation and Indemnification
         Agreement is incorporated by reference to Exhibit 10.17 to iGate
         Capital Corporation's Registration Statement on Form S-1, Commission
         File No. 333-14169, filed on November 19, 1996.

 10.67   Form of Capital Contribution Agreement by and among the Company, Sunil
         Wadhwani, Ashok Trivedi and their respective family trusts is
         incorporated by reference to Exhibit 10.21 to iGate Capital
         Corporation's Registration Statement on Form S-1, Commission File No.
         333-14169, filed on December 16, 1996.

 21.0    Subsidiaries of the registrant

 23.0    Report of Independent Public Accountants on Financial Data Schedule
</TABLE>
--------
*Management compensatory plan or arrangement

                                       59

<PAGE>

                                   SIGNATURES

   Pursuant to the requirements of Section 13 or 15(d) of the Securities Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized, on this 27th day of March, 2001.

                                          iGATE CAPITAL CORPORATION

                                                     /s/ Sunil Wadhwani
March 27, 2001                            By: _________________________________
                                                       Sunil Wadhwani
                                                Co-Chairman of the Board of
                                                         Directors,
                                                Chief Executive Officer, and
                                                          Director

                        POWER OF ATTORNEY AND SIGNATURES

   We, the undersigned officers and directors of iGate Capital Corporation,
hereby severally constitute and appoint Sunil Wadhwani, Ashok Trivedi and Bruce
Haney, and each of them singly, our true and lawful attorneys, with full power
to them and each of them singly, to sign for us in our names in the capacities
indicated below, amendments to this report, and generally to do all things in
our names and on our behalf in such capacities to enable iGate Capital
Corporation to comply with the provisions of the Securities Exchange Act of
1934, as amended, and all requirements of the Securities and Exchange
Commission.

   Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.

<TABLE>
<CAPTION>
              Signature                          Title                   Date
              ---------                          -----                   ----

<S>                                    <C>                        <C>
        /s/ Sunil Wadhwani             Co-Chairman of the Board     March 27, 2001
______________________________________  of Directors, Chief
            Sunil Wadhwani              Executive Officer, and
                                        Director

        /s/ Ashok Trivedi              Co-Chairman of the Board     March 27, 2001
______________________________________  of Directors, President,
            Ashok Trivedi               and Director

      /s/ Jonathan D. Bonime           Senior Vice President,       March 27, 2001
______________________________________  General Counsel, and
          Jonathan D. Bonime            Secretary

        /s/ Bruce E. Haney             Managing Director and        March 27, 2001
______________________________________  Chief Financial Officer
            Bruce E. Haney

        /s/ Michael Zugay              Managing Director,           March 27, 2001
______________________________________  Corporate Development
            Michael Zugay

         /s/ Michel Berty              Director                     March 27, 2001
______________________________________
             Michel Berty

      /s/ J. Gordon Garrett            Director                     March 27, 2001
______________________________________
          J. Gordon Garrett

        /s/ Edward Yourdon             Director                     March 27, 2001
______________________________________
            Edward Yourdon
</TABLE>


                                       60

<PAGE>

                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                iGate Capital Corporation

Date: April 17, 2001            By /s/ Ashok Trivedi
                                Ashok Trivedi
                                Co-Chairman of the Board of Directors,
                                President, and Director