TCS shares rise 2% as it sets up country’s first Oracle AI data platform lab, CoE in Kolkata

Tata Consultancy Services (TCS) shares gained nearly 2% to touch an intraday high of ₹2,168 apiece on Friday, June 12, after the IT services giant said it has expanded its collaboration with Oracle by launching India’s first Oracle AI Data Platform Lab and Center of Excellence (CoE) in Kolkata.

In a statement, TCS said it also plans to roll out the Oracle AI Data Platform Labs and CoEs across four additional cities in India over the next three years. The new facility is aimed at helping organisations shape the next wave of AI-powered enterprise transformation.

Oracle AI Data Platform makes data AI-ready and enables the creation and deployment of agentic applications by harnessing the combined capabilities of Oracle Cloud Infrastructure (OCI), Oracle Autonomous AI Database, and OCI Enterprise AI.

“The Oracle AI Data Platform Lab and Center of Excellence will deliver Oracle’s industry-leading AI capabilities, database, and cloud-native solutions to TCS’ clients around the world. The facility is designed to accelerate the journey from ideation to experimentation to full-scale deployment. By harnessing Oracle Cloud Infrastructure and the latest advancements in AI, the lab will help customers reimagine their operational strategies both in data analytics and rapid application development,” said Sudipto Ray, VP & Global Head, Oracle Practice, TCS.

Housed in Delta Park Lords, Kolkata, the facility will help customers overcome common barriers to AI adoption, including fragmented data landscapes, slow analytics cycles, limited AI scalability, and operational inefficiencies. Using reusable architectures, industry solutions, and accelerators, TCS will help customers turn enterprise data into actionable intelligence and deploy AI-driven automation at scale.

The Indian IT giant said the initiative reinforces TCS’ continued investment in advanced AI engineering, intelligent data platforms, and next‑generation analytics. The firm has a centralized team of 26,000 Oracle-skilled professionals across India to support clients’ AI initiatives.

“Together, we are enabling customers to turn data into real business outcomes, from actionable insights to intelligent automation—by leveraging Oracle AI Data Platform to simplify, scale, and operationalize AI across the business,” said Arvind Mehra, Head of Alliances & Channels—Technology, Oracle India.

This week, TCS also partnered with Anthropic to equip 50,000 employees across engineering, finance, legal, marketing, and sales with Claude through enterprise-wide licensing.

TCS share price

At 12:22 PM, TCS shares were trading at ₹2,158 apiece on the National Stock Exchange, gaining 1.05%.

For a month’s time, shares of TCS have lost 6%, while they have fallen 33% in the past six months. From the beginning of the year, TCS shares have tumbled 34%.

Shares of the company had touched their one-year high of ₹3,538 apiece on June 18, 2025, while their 52-week low of ₹2,110 was hit on June 11, 2026.

TCS has a total market capitalisation of ₹7.81 lakh crore as of June 12, 2026, according to data on the NSE.