TCS Settles Lawsuit With Orange County For USD 26 Mn
Software major Tata Consultancy Services (TCS), has reportedly settled an ongoing law suit with Orange County, California. The company has paid USD 26 million to settle the three-year long dispute. The dispute was over a failed replacement to the county’s automated property tax system that initially was to be completed by 2010 but was not delivered. “TCS and Orange County have agreed to settle an ongoing dispute regarding the joint development of a Property Tax Management System. Both parties had asserted claims against each other, but neither admits any liability....