BusinessTCS, Another Tata Group Firm Fined Over Rs 6,000 Crore By US Jury
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TCS, Another Tata Group Firm Fined Over Rs 6,000 Crore By US Jury
US jury said TCS, other Tata group firm must pay Epic Systems $240 mn
TCS said that it will "defend" itself against US grand jury verdict
Epic said TCS staff had been "fraudulently accessing" its software
TCS said the jury's verdict is "unexpected" and "unsupported by evidence presented".
Tata Consultancy Services on Saturday said that it will "defend" itself against a US grand jury verdict, which slapped a $940 million (over Rs 6,000 crore) fine on India's biggest outsourcer and another Tata group firm - Tata America International Corp - in a trade secret lawsuit filed in 2014.
In the lawsuit, US-based healthcare software firm Epic Systems had accused TCS and Tata America International Corp of "brazenly stealing the...