Facebook Pixel US court rules against TCS on damages in DXC case | Business Standard - newspaper - Bu hikayeyi Magzter.com'da okuyun
Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

US court rules against TCS on damages in DXC case

Business Standard

|

November 24, 2025

TCS was fined $194 mn last year for alleged misappropriation of trade secrets

- SHIVANI SHINDE

Tata Consultancy Services (TCS), India’s largest information-technology services player, has said that a United States (US) court on November 21 issued an adverse ruling against it in the case concerning DXC Technology Company (now Computer Sciences Corporation).

Last year, a US district court had fined TCS $194 million on charges of misappropriating trade secrets.

TCS in a regulatory filing on November 22 said: “We wish to intimate you that the United States Court of Appeals for the Fifth Circuit has issued an adverse ruling on November 21, 2025 (evening US time), in the above matter and confirmed the District Court decision on damages.”

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

Govt launches ₹20K crore credit guarantee scheme for microfin firms

For small MFIs, with assets under management (AUM) of less than %500 crore, it provides 80 per cent guarantee cover.

time to read

2 mins

March 21, 2026

Business Standard

Business Standard

A battle of inventories

Short wars may be won by tactical brilliance, but long wars are usually won by logistics and industrial capacity.

time to read

3 mins

March 21, 2026

Business Standard

Banking system liquidity surplus shrinks to ₹16,875 cr, lowest since Jan 22

The net liquidity surplus in the banking system fell to 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

time to read

1 mins

March 21, 2026

Business Standard

FPIs sell financial services and auto stocks most in first half of March

Foreign portfolio investors (FPIs) sold financial services, automobile, and telecom stocks the most during the first two weeks of March, with aggregate net outflows totalling ₹52,703 crore.

time to read

1 min

March 21, 2026

Business Standard

US may deploy thousands of troops in W Asia

Iran threatens world tourism sites, hits Kuwait refinery; Revolutionary Guards spokesman killed

time to read

4 mins

March 21, 2026

Business Standard

JP Morgan Settles FPI case with Sebi for ₹34.42 lakh

JP Morgan Chase Bank NA has settled a matter in alleged violation of foreign portfolio investors (FPI) regulations with the market regulator Securities and Exchange Board of India (Sebi) for₹34.42 lakh.

time to read

1 min

March 21, 2026

Business Standard

Lexus India expects higher growth in FY26

Lexus India expects higher growth in 2025-26 (FY26) than FY25 due to strong demand amid a rising economy, its president, Hikaru Ikeuchi, said on Friday.

time to read

1 mins

March 21, 2026

Business Standard

Installed base of Indian mobiles witnesses dramatic change

Premium push

time to read

2 mins

March 21, 2026

Business Standard

India's forex kitty falls $7 bn

India’s foreign exchange reserves fell by $7.05 billion to $709.75 billion during the week ended March 13, latest data from the Reserve Bank of India (RBI) showed.

time to read

1 min

March 21, 2026

Business Standard

Business Standard

SC forms panel to review NCERT chapter on ‘judicial corruption’

The Union government on Friday informed the Supreme Court of India that it has finalised the composition of an expert panel to examine the contentious NCERT material on alleged judicial corruption.

time to read

1 mins

March 21, 2026

Listen

Translate

Share

-
+

Change font size