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TCS takes ₹661.5 cr hit as US SC rejects bid in trade secrets case
short by Vaishnavi Mishra / on Tuesday, 16 June, 2026
The US Supreme Court rejected Tata Consultancy Services' bid to overturn a $168 million award in a case by DXC Technology over alleged theft of trade secrets in life insurance software. TCS will book a one-time exceptional charge of $70 million (nearly ₹661.5 crore) following the ruling. This will bring its total ‌exposure in the matter to $220 million.
read more at Reuters