US court of appeals upholds $194 million damages against TCS in CSC/DXC trade secrets dispute

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Tata Consultancy Services ( rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS) has said that US Court of Appeals has issued an “adverse ruling” in a matter related to trade secrets dispute with Computer Sciences Corporation (CSC), now merged with DXC Technology Company (DXC), and upheld the District Court decision on damages totalling about $194 million against the Indian IT firm.

The court has, however, vacated the previously granted injunction and directed the United States District Court, Northern District of Texas (Dallas Division) to reassess the injunction order basis direction of the…



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US court of appeals upholds $194 million damages against TCS in CSC/DXC trade secrets dispute



Tata Consultancy Services ( rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS) has said that US Court of Appeals has issued an “adverse ruling” in a matter related to trade secrets dispute with Computer Sciences Corporation (CSC), now merged with DXC Technology Company (DXC), and upheld the District Court decision on damages totalling about $194 million against the Indian IT firm.

The court has, however, vacated the previously granted injunction and directed the United States District Court, Northern District of Texas (Dallas Division) to reassess the injunction order basis direction of the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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