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India's TCS to take $125 million hit to Q3 earnings over US lawsuit

BENGALURU (Reuters) -India's Tata Consultancy Services (TCS) on Tuesday said it would make a $125 million provision in its third-quarter results in relation to a trade secret lawsuit filed by U.S.-based Epic Systems. Epic had filed the lawsuit against TCS in 2014, alleging the information technology (IT) services provider stole its intellectual property while it was contracted to implement Epic's healthcare software. The U.S. Supreme Court on Monday rejected TCS' appeal against ...
United States Haripriya Suresh Sonia Cheema District Court India Tata Consultancy Services Us Supreme Court On
Source: yahoo.com

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