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$1 mln outstandings from US bankrupt client: eClerx
New Delhi, Sep 22 (UNI) eClerx Services Ltd today said it has outstanding receiveables worth about one million dollars from one of its top clients, which had recently filed for bankruptcy in the US.
Without divulging the name, the company in a statement said the client contributed 13 per cent of its revenue accrued in 2008-09.
It said some operations of the client, which are supported by the company, are to be bought by a competitor, which also happens to be an eClerx customer.
eClerx, which provides data analytics services to customers, said it is working with both clients to determine the impact on the receivables and the future business from the combined entity.
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Story first published: Monday, September 22, 2008, 14:35 [IST]