New Delhi, Nov. 24 -- Tata Consultancy Services (TCS) announced that the US Court of Appeals for the Fifth Circuit ruled against them on November 21, 2025, upholding the District Court's damages decision. These damages totalled up to $194 million against India's biggest IT firm.

In an exchange filing on Saturday, TCS said, "We wish to intimate you that the United States Court of Appeals for the Fifth Circuit has issued an adverse ruling on November 21, 2025 (evening US time) and confirmed the District Court decision on damages. However, the Court has vacated the previously granted injunction and directed the United States District Court, Northern District of Texas, Dallas Division, to reassess the injunction order basis direction of the ...