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TCS shares fall as firm eyeing settlement on US discrimination suits

IT giants Tata Consultancy Services’ shares saw a dramatic fall of 1.15% at Rs 2,064 as per the morning trade on Wednesday. Speculation is rife that TCS is right now in advanced talks to find out a solution regarding the discrimination suits filed by a number of US employees. If the settlement is successful, it might resolve three pending cases and also settle the other charges made against IT heavyweights.