Global software major Wipro on Friday said it would contest a $140 million (Rs 910 crore) lawsuit filed by its US-based customer National Grid US over an Enterprise Resource Planning (ERP) project.
"National Grid US has filed a case in the US District Court for the Eastern District of New York, seeking $40 million plus additional costs relating to the project, which we joined in 2010," it said in a regulatory filing on the BSE.
Refuting the allegations of the electric utility firm, Wipro said though National Grid had been its valued customer over the years in the US and Britain, it believed that its client's misstate facts and claims were baseless.
The five-year project, which began in 2009, was implemented by 2014.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)