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HCL Tech hopes to resolve dispute with MillerCoors over $100 mn lawsuit

Firm says no material impact on March quarter results, asserts good business ties with US brewer

HCL
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HCL

Ayan Pramanik Bengaluru
India’s fourth largest technology services firm HCL Technologies Ltd says it is in talks to resolve a dispute with MillerCoors LLC, its US client that has filed a $100 million lawsuit against the Indian company over a breach of contract in a project to implement business software SAP.

HCL says the lawsuit would not have any material impact on the company’s results for the quarter to March and the Chicago-based MillerCoors continues to be its client.

“This specific project started in December 2013 and ended in June 2016. The Company continues to have good business relationship with MillerCoors.