The order has been passed against the company in a case filed by Computer Sciences Corporation (CSC) — now merged with DXC Technology Company (DXC) — alleging misappropriation of its trade secrets before United States District Court, Northern District of Texas, Dallas Division.
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“The court ordered that the company is liable to CSC for USD 56,151,583 in compensatory damages and USD 112,303,166 in exemplary damages. The court also assessed that the company is liable for USD 25,773,576.60 in prejudgment interest through June 13, 2024,” the IT major said in the filing.
The court also passed certain injunctions and other reliefs against data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” rel=”noopener”>TCS, it added.
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“The company believes that the Judgement has no major adverse impact on its financials and operations,” the filing said.
