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July 16, 2024

TCS Fined Rs. 1600 Crores For Trade Secret Misappropriation By US District Court

Reported By: Garima Chauhan

Tata Consultancy Services has been held liable for misappropriation of trade secrets under the Defend Trade Secrets Act of 2016 by the United States District Court, Northern District of Texas, Dallas Division. It has been ordered to pay a penalty of USD 194 million (Rs. 1600 crores) to Computer Sciences Corporation (now DXC Technology Company) for the same. The Indian giant plans on filing a review petition in the court against the unfavourable order.

The report is accessible here.

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