Financial Daily from THE HINDU group of publications
Tuesday, Dec 02, 2003
Financial Daily from THE HINDU group of publications Tuesday, Dec 02, 2003 |
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Info-Tech
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Software Money & Banking - Software i-flex settles dispute with co-op bank Our Bureau
Bangalore , Dec. 1 I-FLEX Solutions Ltd has amicably resolved the dispute with Saraswat Co-operative Bank Ltd. In a notice to the Bombay Stock Exchange, i-flex said that the arbitration proceedings between Saraswat Co-operative Bank and the company have been dropped as both the parties have resolved the disputes amicably. An i-flex spokesperson declined to spell out the details stating that there were "no further details at this point." It may be recalled that the cooperative bank last year had served a notice on i-flex seeking to terminate the deal.
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