TCS takes a $70m hit after US Supreme Court rejects its appeal

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Tata Consultancy Services will book a one-time charge of $70m after the US Supreme Court declined to hear its appeal in a trade-secrets dispute, the Indian IT giant said. The court’s refusal, issued on 15 June, closes the last legal avenue in a case that has run since 2019 and leaves the lower-court judgment standing. […]This story continues at The Next Web