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Indian IT firms facing more US lawsuits with changing business environment

Now more organisations opt for a legal settlement to save cost, say analysts

Ayan Pramanik & Gireesh Babu  |  Bengaluru/Chennai 

Indian information technology (IT) services companies are facing more litigation over alleged breaches of contract and disputes on project implementation timelines. Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts. Last week, Conduent, a US-based business process outsourcing company spun off from Xerox, filed a lawsuit in New York against Cognizant Technology Solutions for breach of contract. It is seeking to recover $150 ...

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First Published: Sat, April 22 2017. 22:22 IST
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