A 4.8 magnitude earthquake hit eastern parts of the United States on Friday morning with the epicenter in Lebanon, New Jersey, 50 miles (80 km) from New York.
Tag: damage
Indian tech services giant TCS to take $125 mn hit as awards damages
The United States Supreme Court on November 20 rejected the petition by Indian tech services giant Tata Consultancy Services (TCS) to file an appeal against an order which had awarded punitive damages of $140 million. “The Company intends to make the balance provision of approximately $125 million in its financial statements as an exceptional item, for the third quarter and nine months ending December 31, 2023,” TCS said in a filing.
‘It looks like a war zone’
The banging on the front door began at around 2 am – hard, insistent, unrelenting.