India's Wipro faces lawsuit from National Grid US

Business


(Reuters) – Wipro Ltd (WIPR.NS), India’s No.3 software exporter, said on Friday that it would challenge a lawsuit filed by National Grid US seeking damages of over $140 million related to a project that dates back to 2009.

The Wipro campus is seen in Bangalore June 23, 2009. REUTERS/Punit Paranjpe/File Photo

The lawsuit was filed by the American unit of British electricity and gas utility major National Grid PLC (NG.L) in a New York court, Wipro said. bit.ly/2BBlAD2

Wipro said the lawsuit is related to an enterprise resource planning (ERP) implementation project.

The company said it joined the project in 2010, and that is was completed in 2014.

Reporting by Vishal Sridhar in Bengaluru; Editing by Sriraj Kalluvila

Our Standards:The Thomson Reuters Trust Principles.



Source link

Articles You May Like

Fiery rhetoric: North Korea calls Pence a political dummy
Stato-mafia, Mori: continuerò a combattere
From 'little rocket man' to 'honorable'
Calcio. Ancelotti ha detto si: sarà il nuovo allenatore del Napoli
Every romantic, emotional moment from one heck of a royal wedding

Leave a Reply

Your email address will not be published. Required fields are marked *