TCS faces mega penalty for stealing DXC’s trade secrets
According to a U.S. jury in a lawsuit, TCS stole trade secrets from competitor DXC Technology. The Indian company awaits a fine of $210 million, or nearly 192 million euros, as a result.
The case has been ongoing for several years. DXC predecessor Computer Sciences Corp filed a lawsuit in 2019. ... Read more
Labour shortage limits Tata Consultancy Services’ growth
Despite positive quarterly results, Tata Consultancy Services (TCS) is lagging behind analyst expectations. Last quarter's profits were affected by a labour shortage.
The fourth fiscal quarter of TCS ended on April 1. Today, the organisation announced a net profit increase of 7.4 percent, totall... Read more
TCS hackathon concludes: winning platform reduces water consumption
Tata Consultancy Services' three-day sustainability hackathon produced a winner. Team Nyenrode, a Dutch contender, designed a platform that allows consumers and companies to monitor and reduce their water waste.
TCS organized the hackathon to address MIMO (Most Ignored Most Obvious) environmenta... Read more