TCS settles Orange County lawsuit for $26 million

Tata Consultancy Services, India’s largest IT services provider, has settled its three-year old lawsuit with US district Orange County for $26 million. The litigation was over replacement to the County’s automated property

No fema exemption for Tata-DoCoMo deal’

Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and