'Misleading': TCS dismisses UK report; reveals why Marks & Spencer didn't renew contract

6 months ago 32
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 TCS dismisses UK media report; reveals wherefore  Marks & Spencer didn't renew contract

Tata Consultancy Services

BENGALURU: TCS said that a study published successful The Telegraph connected Sunday, which claimed that Marks & Spencer did not renew its '$1-billion' declaration with the IT steadfast to negociate its exertion helpdesk, is "misleading".

"The study published by The Telegraph is misleading, with factual inaccuracies including the size of the declaration and the continuity of TCS' enactment for M&S. As some M&S and TCS person clarified, the work table declaration with M&S followed a regular competitory RFP (request for proposal) process initiated successful Jan 2025, with M&S opting to proceed with different partners overmuch anterior to the cyber incidental successful April 2025. These matters are hence intelligibly unrelated," TCS said successful a connection connected Sunday.

The quality study claimed that M&S incurred an estimated 300-million-pound nonaccomplishment from the cyberattack and ended its long-standing declaration with TCS for operating the company's exertion helpdesk. TCS besides said the commercialized facet of the work table country represents an insignificant portion of TCS' wide engagement with M&S, and the assertion that it impacts a $1 cardinal renewal is "highly exaggerated and baseless".

The Telegraph removed '$1-billion' declaration worth fig from its study aboriginal successful the day.

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