Saturday, August 22, 2020

TCS loses US trade secrets case again

A US court has upheld the verdict of $140 million in compensatory damages against Tata Consultancy Services (TCS) related to a trade secret theft case filed by American company Epic Systems. However, the court observed that the $280 million awarded in punitive damages is “constitutionally excessive” and asked the trial court to reassess the amount.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3aTBcnp

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