India’s Tata Consultancy Services
) on Tuesday said it will make a provision of $125 million in its third-quarter results in relation to a trade secret lawsuit filed by U.S.-based Epic Systems
Epic had filed the lawsuit against TCS in 2014, alleging the information technology (IT) services provider stole its intellectual property while it was contracted to implement Epic’s healthcare software.
Elevate Your Tech Prowess with High-Value Skill Courses
||IITD Certificate Programme in Data Science & Machine Learning
|Indian School of Business
||ISB Product Management
||IIMK Senior Management Programme
The U.S. Supreme Court on Monday rejected TCS’ appeal against a verdict passed by the District Court of Wisconsin, upholding an order that includes $140 million in punitive damages, the company said in a release.
Discover the stories of your interest
Stay on top of technology
and startup news
that matters. Subscribe
to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.