A US court has awarded $96 million in damages to Prysmian Group after finding Sterlite Technologies (STL) guilty of illegally possessing Prysmian’s trade secrets. The verdict, delivered by a South Carolina jury, follows a three-year legal battle and includes a $200,000 award against former Prysmian executive Stephen Szymanski, now with STL. STL, backed by Vedanta Group, plans to challenge the ruling vigorously. The company recently reported a loss of ₹82 crore in Q1 FY2025. Read The Rest at :
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