16 Jun 2026
TCS will book a 70 million dollar one-time exceptional charge in Q1 FY27 after the US Supreme Court declined to hear its appeal in the DXC trade-secrets case, leaving a 168 million dollar award in place.
The company had already provided 150 million dollars against this matter, so its total exposure now stands at 220 million dollars. The dispute dates to 2019 over alleged misuse of life-insurance software code.
11 Jun 2026
TCS was named a Global Premier Partner in Anthropic's Claude network, rolling Claude out to 50,000 associates and forming a dedicated AI business unit.
The deal targets regulated sectors like financial services and healthcare, where most enterprise AI stalls at pilots over accuracy and audit demands.
26 May 2026
Indian IT firms collectively saw H-1B approvals fall nearly 40% YoY in FY26 to 11,041 across the top 6 companies.
TCS was the biggest loser. Infosys was the only firm to see a rise.
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