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TCS on the verge of closing deals worth $1 billion with Marks & Spencer

In addition to this, TCS is also working towards renewing their existing five-year engagement with the UK-headquartered company

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TCS had expected retail revenues to see a quick recovery, which now seems delayed

BS Web Team New Delhi

Tata Consultancy Services (TCS), India's largest IT firm, is on the verge of closing one of the year's largest deals. According to a report published in The Economic Times (ET), TCS is set to close additional deals worth $1 billion with Marks & Spencer (M&S). M&S is a British retail firm. TCS plans to close the deal in the next few weeks.