Tata Consultancy Services (TCS) has firmly rejected a recent report published by The Telegraph in the UK that suggested the Indian information technology giant lost a substantial contract with British retailer Marks & Spencer (M&S) due to failures related to a cyberattack. The company has characterised the article as containing misleading information and factual errors. The Telegraph article titled " M&S ousts Indian outsourcer accused of £300m cyberattack failures ", which appeared on 26 October 2025, alleged that M&S had terminated its relationship with TCS following a cyberattack that reportedly cost the retailer approximately £300mn (million). However, in a regulatory filing TCS highlighted significant inaccuracies in the report by the newspaper. According to TCS, t
TCS Refutes Claims About Marks & Spencer Contract Loss
Moneylife9 hrs ago
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