{"id":1015126,"date":"2026-06-17T09:47:08","date_gmt":"2026-06-17T04:17:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1015126"},"modified":"2026-06-17T10:21:23","modified_gmt":"2026-06-17T04:51:23","slug":"tcs-to-take-70-million-hit-after-us-supreme-court-rejects-appeal-in-trade-secrets-case","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/17\/tcs-to-take-70-million-hit-after-us-supreme-court-rejects-appeal-in-trade-secrets-case\/","title":{"rendered":"TCS to take $70 million hit after US Supreme Court rejects appeal in trade secrets case"},"content":{"rendered":"<p>Tata Consultancy Services will book a one-time exceptional charge of $70 million after the US Supreme Court rejected its \u200bappeal in a trade secrets case, bringing its total \u200cexposure in the matter to $220 million, the firm said on Monday. <\/p>\n<p>The US Supreme Court on June 15 \u200blet stand a $168 million damages award in favour of \u200bDXC Technology. <\/p>\n<p>TCS, which had already set aside $150 million \u2060for the case, said it will book a further $70 \u200bmillion towards damages, interest and legal costs as a one-time \u200bexceptional charge in the first quarter of 2027.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consultancy Services will book a one-time exceptional charge of $70 million after the US Supreme Court rejected its \u200bappeal in a trade secrets case, bringing its total \u200cexposure in the matter to $220 million, the firm said on Monday. The US Supreme Court on June 15 \u200blet stand a $168 million damages award in favour of \u200bDXC Technology. TCS, which had already set aside $150 million \u2060for the case, said it will book a further $70 \u200bmillion towards damages, interest and legal costs as a one-time \u200bexceptional charge in the first quarter of 2027.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-1015126","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1015126"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015126\/revisions"}],"predecessor-version":[{"id":1015141,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015126\/revisions\/1015141"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1015126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1015126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1015126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}