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TCS fined ₹1,622 cr by US court for trade secret misappropriation
short by Ashley Paul / on Saturday, 15 June, 2024
Tata Consultancy Services (TCS) has been fined $194.22 million (over ₹1,622 crore) by a US court for trade secret misappropriation. The fine was imposed after Computer Sciences Corporation filed a lawsuit under Defend Trade Secrets Act of 2016. "The company believes that it has strong arguments against the judgement and is taking necessary steps to protect its interest," TCS said.
read more at CNBC-TV18