Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Why TCS is walking a tightrope
Mint Hyderabad
|November 28, 2025
Tata Consultancy Services Ltd recently outlined an ambitious multiyear $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.
Last week, it bagged a $1 billion investment from private equity firm TPG Terabyte Bidco Pte Ltd for scaling its data centre platform HyperVault. But, legal troubles are also brewing.
A longstanding legal dispute with US-based CSC (now part of DXC Technology) over an insurance platform's trade secrets, landed against TCS this week. A US appeals court upheld the 2024 judgement by a US district court, levelling $194.2 million in damages on TCS.
Calling it an adverse ruling, TCS, in an exchange filing, said it is evaluating various options, including review and appeal before appropriate courts, and intends to vigorously defend its position. The levelled damages stand at less than ₹2,000 crore, against the firm's ₹12,075 crore consolidated profit in the September quarter (Q2FY26).
Denne historien er fra November 28, 2025-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
Apple's 5th India store to open in Noida soon
Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.
1 min
November 29, 2025
Mint Hyderabad
Tech focus drives Meesho's IPO prep
lier thismonth.
1 mins
November 29, 2025
Mint Hyderabad
Former DBS CEO is Temasek India’s new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.
1 mins
November 29, 2025
Mint Hyderabad
Former DBS CEO is Temasek India's new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-exec role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said. He will join on 1 December.
1 mins
November 29, 2025
Mint Hyderabad
Speciality chemical makers are betting big on pharma
The Street is gravitating toward speciality chemical manufacturers that supply contract development and manufacturing organizations (CDMO) and active pharmaceutical ingredient (API) makers, as uncertainty looms over the chemicals sector.
1 mins
November 29, 2025
Mint Hyderabad
Art Deco feels in Indian fashion
The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?
4 mins
November 29, 2025
Mint Hyderabad
Tiramisu is trending and nobody is complaining
Tiramisu, tiramisu latte, rasgulla tiramisu, masala chai tiramisu, tiramisu tres leches—it seems like almost every café or restaurant across the country has some version of the Italian dessert on its menu.
4 mins
November 29, 2025
Mint Hyderabad
Tech focus drives Meesho’s IPO prep
lier this month.
1 mins
November 29, 2025
Mint Hyderabad
After a year’s pause, AT-I bonds return with Canara Bank
Canara Bank on Friday raised ₹3,500 crore from an additional tier-1 (AT-I) offer, according to three people aware of the matter.
1 min
November 29, 2025
Mint Hyderabad
After a year’s pause, AT-1 bonds return with Canara Bank
Canara Bank on Friday raised 13,500 crore from an additional tier-1 (AT-I) offer, according to three people aware of the matter.
1 min
November 29, 2025
Listen
Translate
Change font size