Here is why IT major TCS has to pay $210 mn to rival firm DXC
As per the ruling of the US jury, the Indian IT company accessed a trade secret by infringing DXC’s (formerly CSC) proprietary platforms.
- Nov 27, 2023,
- Updated Nov 27, 2023 4:25 PM IST
Indian IT services company Tata Consultancy Services (TCS) has been asked to pay $210 million by a US jury for misappropriation of US IT services firm DXC’s (formerly CSC) source code to develop its software platform, TCS Bancs.
As per the ruling of the US jury, the Indian IT company accessed a trade secret by infringing DXC’s (formerly CSC) proprietary platforms, TOI reported.
It is worth noting that this latest latest ruling against TCS is another setback to the IT major after the US Supreme Court confirmed a punitive damages award of $140 million in the Epic Systems case for accessing its web portal without authorisation.
Indian IT services company Tata Consultancy Services (TCS) has been asked to pay $210 million by a US jury for misappropriation of US IT services firm DXC’s (formerly CSC) source code to develop its software platform, TCS Bancs.
As per the ruling of the US jury, the Indian IT company accessed a trade secret by infringing DXC’s (formerly CSC) proprietary platforms, TOI reported.
It is worth noting that this latest latest ruling against TCS is another setback to the IT major after the US Supreme Court confirmed a punitive damages award of $140 million in the Epic Systems case for accessing its web portal without authorisation.