17/6/2024, 1:24:02 pm

Why a US court ordered TCS to pay $194 million in fine!

TCS was slapped with a $194.2 million fine last week, after a US court ruled that it used proprietary software from CSC to develop its banking platform. The judgment, delivered on 13 June by a district court in Northern District of Texas, Dallas Division, broke down the fine into $56.15 million in compensatory damages, $112.3 million in exemplary damages, and $25.78 million in interest claims.