Tata Consultancy Services will book a one-time exceptional provision of USD70 million in Q1 FY2027 after the United States Supreme Court denied its petition to review a judgment in a suit filed by DXC Technology. The provision covers damages, interest, and legal costs following the court's decision on June 15, 2026. The company had previously set aside USD150 million in its books of accounts for this matter in accordance with applicable accounting standards.

Legal Background

The Supreme Court's denial of the writ of certiorari concerns the judgment by the United States Court of Appeals for the Fifth Circuit. This legal development necessitates the incremental financial provision, which Tata Consultancy Services will record as an exceptional expense in the first quarter of the upcoming fiscal year.

Financial Impact

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the total financial impact related to the suit will now include the new provision in addition to the amount already accounted for. The following table summarises the key financial details related to the matter:

Tata Consultancy Services has expanded its collaboration with Oracle by launching India's first Oracle AI Data Platform Lab and Center of Excellence (CoE) in Kolkata. The facility is designed to help organizations shape the next wave of AI-powered enterprise transformation by overcoming common barriers to AI adoption, such as fragmented data landscapes and slow analytics cycles. TCS also plans to roll out similar labs across four additional cities in India over the next three years.

Facility Overview

Housed in Delta Park Lords, Kolkata, the lab will provide customers with access to reusable architectures, industry solutions, and accelerators. This setup enables businesses to turn enterprise data into actionable intelligence and deploy AI-driven automation at scale. The Oracle AI Data Platform makes data AI-ready by harnessing the combined capabilities of Oracle Cloud Infrastructure (OCI), Oracle Autonomous AI Database, and OCI Enterprise AI.

Strategic Expansion

Tata Consultancy Services has outlined a roadmap to scale the initiative nationally, planning to establish similar facilities in four more geographies across the country. This expansion is supported by a centralized team of 26,000 Oracle-skilled professionals across India dedicated to supporting clients’ AI initiatives. The strategy underscores TCS's commitment to building a robust AI infrastructure ecosystem within India.

Arvind Mehra, Head, Alliances & Channels – Technology, Oracle India, stated that the lab is built on a secure, unified data foundation and integrated AI capabilities. Sudipto Ray, VP & Global Head, Oracle Practice, TCS, added that the facility is designed to accelerate the journey from ideation to full-scale deployment, helping clients reimagine their operational strategies in data analytics and rapid application development.