Setback for IT giant: TCS to take $70 million one-time hit as US Supreme Court rejects appeal - here’s what the case is about

TCS said it will now recognise a further $70 million towards damages, interest obligations and legal expenses, which will be reflected as a one-time exceptional charge in its first-quarter FY27 financial results.

Setback for IT giant: TCS to take $70 million one-time hit as US Supreme Court rejects appeal - here’s what the case is about
TCS said it will now recognise a further $70 million towards damages, interest obligations and legal expenses, which will be reflected as a one-time exceptional charge in its first-quarter FY27 financial results.