TCS and Tata American International has been asked to pay $240 million to Epic Systems for IP infringement and an additional $700 million in fines.
Tata Consultancy Services (TCS) has said there is no IP infringement in the Epic Systems case.
The statementt from the IT major came after a US grand jury slapped two companies of Tata Group – Tata Consultancy Services (TCS) and Tata America International Corp – with a $940 million (nearly Rs 6,254 crore) fine in a trade secret lawsuit filed against them.
After days of hearing, the federal grand jury in Wisconsin ruled that TCS and Tata America International must pay $240 million (Rs 1,596.66 crore) to Epic Systems for allegedly ripping off its software. Tatas have also been asked to pay another $700 million (Rs 4,656.9 crore) in punitive damages.
TCS, however, said on Saturday that there was no IP infringement in the Epic case and said it plans to "defend its position vigorously in appeals to higher courts". The Mumbai-based firm said it remains committed to protecting IP as well as its reputation and financial interests fully.
"While TCS respects the legal process, the jury's verdict on liability and damages was unexpected as the company believes they are unsupported by the evidence presented during the trial," TCS said in a statement.
Epic had accused TCS and Tata America International Corp, in a lawsuit filed in October 2014, of "brazenly stealing trade secrets, confidential information, documents and data". In its lawsuit, Epic said that TCS took that the data while consulting for its customer.
Epic said that it "recently learned from an informant" that TCS employees have been "fraudulently accessing" Epic's software beyond what the consulting contract required, and using
Epic's software to improve their own competing product.
One TCS employee's account, which was used in India and several US locations, downloaded 6,477 documents, according to Epic.
TCS said it "did not misuse or derive any benefit from downloaded documents from Epic System's user-web portal". The Tata group company further said: "TCS did not misuse or benefit from any of the said information for development of its own hospital management system Med Mantra, which was implemented for a large hospital chain in India in 2009".
In the meantime, the company maintained that the jury verdict will not have any impact on its Q4 and FY16 financial earnings due on Monday, April 18.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
 "N Chandrasekaran")
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}