US court has fined this Indian IT company Rs 800 crore in trade secrets case – Times of India
Sterlite Tech, an optic fibre manufacturer backed by Vedanta Group has been fined by a US court to pay $96 million (approx. Rs 806 crore) for trade-related rights violations. The infringement case involves Italian rival Prysmian, says a report by Economic Times.Sterlite Tech is headquartered in Pune and is backed by the Vedanta Group. The…