Friday, December, 01, 2017
  • Nation
  • World
  • States
  • Cities
  • Business
  • Sport
  • Entertainment
  • Galleries
  • Videos
  • Life Style
  • Specials
  • Opinions
  • All Sections  
    States Tamil Nadu Kerala Karnataka Andhra Pradesh Telangana Odisha
    Cities Chennai DelhiBengaluru Hyderabad Kochi Thiruvananthapuram
    Nation World Business Sport Cricket Football Tennis Other Education Social News
    Entertainment English Hindi Kannada Malayalam Tamil Telugu Review Galleries Videos
    Auto Life style Tech Health Travel Food Books Spirituality
    Opinions Editorials Ask Prabhu Columns Prabhu Chawla T J S George S Gurumurthy Ravi Shankar Shankkar Aiyar Shampa Dhar-Kamath Karamatullah K Ghori
    Edex Indulge Event Xpress Magazine The Sunday Standard E-paper
Home Business

Wipro to contest in US court, refutes National Grid's claims

By PTI  |   Published: 01st December 2017 07:35 PM  |  

Last Updated: 01st December 2017 08:27 PM  |   A+A A-   |  

0

Share Via Email

Image used for representational purpose only. (File photo | Reuters)

NEW DELHI/NEW YORK: Wipro, India's third largest software services firm, today said it will contest the lawsuit filed by National Grid US seeking damages of over USD 140 million for a project that began in 2009.

In a filing to the stock exchanges, Wipro said the company has become a subject of litigation with a long-time customer, National Grid US.

"The lawsuit relates to an ERP implementation project which began in 2009 and was undertaken by National Grid US...The lawsuit in US District Court for the Eastern District of New York seeks damages amounting to USD 140 million plus additional costs related to the project," Wipro said.

It added that the financial implications for Wipro, if any, will depend on the final judgement in the matter.

Wipro said it had joined the project in 2010, and the post-Go-live process was completed in 2014.

"Wipro strongly believes that the allegations misstate facts and the claims are baseless. Wipro will vigorously contest the allegations in court," it said.

The Bengaluru-based company said it had provided "valuable services with skill and care" and during the course of the ERP implementation project, National Grid had given Wipro many positive evaluations.

Wipro also received an award from National Grid US with respect to this project in 2014, it noted.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
    Related Article
  • Wipro faces lawsuit from National Grid US
TAGS
Wipro lawsuit National Grid US

O
P
E
N

Rahul Gandhi Survey

Latest

Cyclone Ockhi UPDATES | 12 dead as rains, winds likely to intensify

4 soldiers die after vehicle falls into gorge in J-K

Trainer aircraft force-lands in Maharashtra, 2 injured

Air India's domestic, global operations to be sold together

FIFA World Cup 2018: Spain, Portugal in same group

No change in H1B visa system: US

Pradyuman murder: Plea seeking Pinto family’s bail cancellation adjourned

Plea on Parsi Marriage and Divorce Act: SC seeks Centre's reply

Videos
Donald Trump, Melania Trump lead lighting of White House Christmas tree
Salman Khan paints Katrina's face on ice
arrow
Gallery
The sea bed lies exposed for about 100-200 metres after the water receded at Kappad beach in Kozhikode, spreading fear that a tsunami would hit the shores. | Express Photo by TP Sooraj
Fears of tsunami as sea recedes at Kappad Beach in Kozhikode, even as Cyclone Ockhi moves away
Zabivaka, the official mascot for the 2018 FIFA World Cup, at Manezhnaya square in downtown Moscow. | AFP
2018 FIFA World Cup: Russia ready for World Cup draw
arrow

FOLLOW US

Copyright - newindianexpress.com 2017

Dinamani | Kannada Prabha | Samakalika Malayalam | Malayalam Vaarika | Indulgexpress | Edex Live | Cinema Express | Event Xpress

Contact Us | About Us | Careers | Privacy Policy | Search | Terms of Use | Advertise With Us

Home | Nation | World | Cities | Business | Columns | Entertainment | Sport | Magazine | The Sunday Standard