TCS

Photo: Twitter/TCS

TCS Liable for Paying $140 Million to EPIC Systems as Punitive Damage: US Court

Tata Consultancy Services (TCS) is upheld for punitive damages of $140 million by the US Court of Appeals. Reportedly, the case against TCS was filed by the US firm EPIC Systems Corporation in 2014. The court records say, EPIC accused TCS of "brazenly stealing" confidential information to help its competitor. However, TCS claimed that there is no evidence of information misuse, and it will fight against the verdict. 

Sat, 22 Aug 2020 - 11:30 PM / by Bharat Sharma

You May Like

ED Vs Xiaomi

ED Seizes Rs 5,551.27 Crore From Xiaomi India

The Enforcement Directorate (ED) on September 30, seized Rs 5,551.27 crore from Xiaomi Technology India Pvt Ltd, confirmed authority appointed under Section 37A of the Foreign Exchange Management Act (FEMA). This is considered as the highest… read-more

TAGS: ED, Xiaomi India, Foreign Exchange Management Act, Chinese Companies, business

Earthquake

Earthquake Of 5.9 Magnitude Jolts Indonesia’s Sumatra

An earthquake of 5.9 magnitude on the Richter scale jolted Indonesia’s Sumatra island during the early hours on October 1. According to the US Geological survey, the quake killed at least one person and injured dozens of others as people rushed… read-more

TAGS: Indonesia, Sumatra Island, Sibolga, Earthquake, environment

The World Bank

World Bank Announces $530 Million Additional Aid To Ukraine Amid Russian Invasion

The World Bank has announced to provide an additional aid of $530 million to Ukraine amid the ongoing war against Russia. The World Bank also stated that United Kingdom’s contribution to the addition aid is $500 million, and Kingdom of Denmark’s… read-more

TAGS: Ukraine, Russia, World Bank, Financial Aid, EU

Virat Kohli-KIshore Kumar Bungalow

Virat Kohli To Soon Open Restaurant, Purchases Kishore Kumar's Bungalow

Indian cricketer and former Indian Captain Virat Kohli reportedly purchased a large portion of the Juhu bungalow 'Gouri Kunj', once owned by legendary late singer Kishore Kumar. The cricketer is to open a restaurant under his 'One8' brand, which… read-more

TAGS: Restaurant, Gouri Kunj, Virat Kohli, Kishore Kumar, Indian Cricketer

Syrian Helicopter Crash

Syrian Helicopter Crashes, Crew Members On Board Killed

A Syrian military helicopter crashed during a training mission in Hama city, confirmed local media on September 4.  The crash occurred due to a technical snag in the helicopter, resulting in the death of all the crew members onboard. "A military… read-more

TAGS: Syrian Helicopter, crash, KILLED, Defence Ministry, Technical Malfunction

Hillary Clintonj

Hillary Clinton Says, "Will Not Contest President Elections In 2024"

After failing in the 2016 and 2018 elections, former US Secretary of State Hillary Clinton said that she will not be running for President again. On September 5 (US Local Time) Clinton addressed the media and said although she won't be contesting… read-more

TAGS: US President, Joe BIden, Donald Trump, Hillary Clinton, US Elections 2024