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TCS fined Rs 1,600 crore by US court for misappropriation of trade secretsTata Consultancy Services (TCS) was ordered by a U.S. court to pay a total of $194.2 million (around Rs 1,600 crore) in a lawsuit filed by ...15 Jun, 2024, 12.52 PM IST- TCS faces $210 million penalty in DXC lawsuit“TCS respectfully disagrees with the jury’s advisory verdict. The matter will now be decided by the Court, which has ordered further briefi...27 Nov, 2023, 12.32 PM IST
- Transamerica cancels $2 billion TCS deal ahead of scheduleTata Consultancy Services said on Friday it has mutually agreed with insurance provider Transamerica to end a $2 billion contract, citing r...16 Jun, 2023, 11.59 PM IST
- Staff takeover deals in IT see retention perksIndian IT has seen about a dozen such contracts in the past two years as clients seek their expertise for digital transformation. HCL took ...04 Jan, 2020, 10.54 AM IST
- TCS wins deal expansion with Phoenix Group, to take over employeesTata Consultancy Services has expanded its deal with European life insurance and pension consolidator Phoenix Group. Phoenix, which has bee...12 Nov, 2019, 06.33 PM IST
- US Court says no to CSC’s request for curbs on TCSThe US-based company failed to demonstrate that there was a ‘substantial likelihood’ it would succeed on the merits of its claims, said a U...14 May, 2019, 07.01 AM IST
- CSC case just to sour Transamerica deal: Tata Consultancy Services to U.S. courtTCS’ latest move comes after CSC accused India’s largest IT services company of using the source code of its software to build an insurance...02 May, 2019, 07.50 AM IST
- Rival accuses Tata Consultancy Services of misappropriating its code, files suitTCS lost a similar case to Epic Systems, setting it back by $420 million in penalties, which it's appealing in court.30 Apr, 2019, 08.14 PM IST
- TCS to take less staff from US clients as it builds BFSI muscleThree US insurance deals TCS signed last year had a component of absorbing some of clients’ employees.17 Jul, 2018, 09.49 PM IST
- TCS adds over 400 employees to St. Petersburg, FloridaTCS will occupy several floors of Transamerica’s building at St. Petersburg, as part of a multi-year agreement with Transamerica to rapidly...23 May, 2018, 02.16 PM IST
- TCS adds 200 employees in US state of ArkansasTata Consultancy Services said it had grown its headcount in the US state of Arkansas by more than 200 employees, as part of its $2.5 billi...15 May, 2018, 05.36 PM IST
- TCS opens third Texas office as part of Transamerica dealAs part of TCS’ deal with Transamerica, the IT services company will rebadge over 2200 of the insurer’s employees. Earlier this month, it a...26 Apr, 2018, 02.57 PM IST
- IFC, Transamerica lead $22 million round in CoverfoxThe latest development comes almost 10 months after ET had reported in its edition dated June 12, 2017, that the Mumbai-headquartered compa...20 Apr, 2018, 11.21 AM IST
- TCS opens North America insurance hub in IowaThe insurance hub is based in Cedar Rapids and TCS has automatically become one of the largest employers in the city.17 Apr, 2018, 04.56 PM IST
- Transamerica awards Tata Consultancy Services a multi-year, $2 billion+ contract for third party administrationThe announcement comes just a day after TCS reported third quarter results that missed market expectations by a whisker.12 Jan, 2018, 11.17 AM IST
- New app can reveal painting's past with just a swipeA new app for smartphones and tablets lets users see the path a painting took from sketches to completion, from any angle.28 Apr, 2013, 04.33 PM IST
- US senator asks TransCanada to avoid Indian steel in pipelineTransCanada has been asked by yet another top US Senator not to use steel made in other countries, including India, in construction of Keys...02 Mar, 2012, 01.19 PM IST
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