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TCS denies report of losing $1 bn M&S contract over cyberattack
short by Dharini Mudgal / on 27 Oct 2025,Monday
TCS dismissed a UK media report claiming that Marks & Spencer ended a $1 billion contract following cyberattack-related failures. TCS said the M&S service desk contract referred to in the report underwent a regular competitive tender process, and the retailer had decided to work with other partners "much before the cyber incident in April 2025". It termed the report "misleading".
short by Dharini Mudgal / 10:20 am on 27 Oct
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