Infosys faces setback in Tangedco electricity bill case: What is the dispute and what it may mean for other IT companies
Infosys faces a partial setback in its dispute with Tamil Nadu Generation and Distribution Corporation (Tangedco) over electricity bill payment. The Madras High Court declined to stay a single judge’s order directing Infosys to pay R 6.72 crore to Tangedco, and has asked the software giant to make an interim payment of Rs 2.5 crore within two weeks.
