-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Wipro, India's third-largest software and services company, reached a $75 million settlement with its decade-old customer
, National Grid Corporation.
Assignment of all claims
pursuant to a 2017 lawsuit filed against the Company in the District Court of New York.
India's Wipro paid $75 million to National Grid to settle the lawsuit
National Grid is an electric, natural gas, and clean energy transmission company that provides energy to more than 20 million people through its network in New York, Massachusetts, and Rhode Island
.
National Grid filed a lawsuit against Wipro seeking $140 million in damages and additional costs
associated with enterprise resource planning (ERP) implementation projects.
Wipro informed the U.
S.
Stock Exchange that a $75 million settlement had been reached, but no liability or wrongdoing
of any kind was assumed by either party.
The formalities for annulment are expected to be completed
shortly.
Wipro said the settlement fee will be reflected in
the company's quarterly figures for September.
，
Wipro, India's third-largest software and services company, reached a $75 million settlement with its decade-old customer
, National Grid Corporation.
Assignment of all claims
pursuant to a 2017 lawsuit filed against the Company in the District Court of New York.
India's Wipro paid $75 million to National Grid to settle the lawsuit
India's Wipro paid $75 million to National Grid to settle the lawsuitNational Grid is an electric, natural gas, and clean energy transmission company that provides energy to more than 20 million people through its network in New York, Massachusetts, and Rhode Island
.
National Grid filed a lawsuit against Wipro seeking $140 million in damages and additional costs
associated with enterprise resource planning (ERP) implementation projects.
Wipro informed the U.
S.
Stock Exchange that a $75 million settlement had been reached, but no liability or wrongdoing
of any kind was assumed by either party.
The formalities for annulment are expected to be completed
shortly.
Wipro said the settlement fee will be reflected in
the company's quarterly figures for September.
，
