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    ITNewspapersThe Economic Times

    US court levies $194 million penal charges on TCS for misappropriation of trade secrets

    Mathew C S
    By Mathew C SJune 15, 2024

    A US court has ruled that Tata Consultancy Services is liable for misappropriation of trade secrets and levied penal charges of around USD 194 million on the IT major, a regulatory filing said on Friday. TCS, however, said it has strong arguments against the judgement and is taking necessary steps to protect its interest through review or appeal.

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