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A U.S. court in Dallas has imposed a $194 million penalty on Tata Consultancy Services (TCS) for misappropriation of trade secrets. The case, filed by Computer Sciences Corporation (CSC), now known as DXC Technology Company, alleges that TCS misappropriated its trade secrets. According to a regulatory filing by TCS, the court ordered the company to pay $56.1 million in compensation for damages and an additional $112.3 million in punitive damages. The total penalty amounts to approximately Rs 1,600 crore.
The case, filed by Computer Sciences Corporation (CSC) (now known as DXC Technology Company) against the company alleges misappropriation of its trade secrets https://t.co/Y6ITrq2vX5
A U.S court has ruled that #TCS is liable for misappropriation of #trade secrets and levied penal charges of around USD 194 million.
🚨🚨 @TCS fined Rs 1,600 crore by US court in DXC case According to a regulatory filing by TCS, a US court ruled that the IT company must pay CSC $56.1 million in compensation for damages caused and an additional $112.3 million in punitive damages. https://t.co/1DwtmXny9S
