IT services

ServiceNow nears up to US7 billion deal for cybersecurity startup Armis

2025-12-14T10:55:52.000Z
TCS is retraining and redeploying staff as it enters new markets, invests in new technology and deploys AI, but about 12,200 jobs will be cut as part of the process.

Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs

2025-07-27T12:31:23.000Z
nfosys, India’s No 2 IT services company, registered a 2.3 per cent increase in revenue in its banking, financial services and insurance (BFSI) unit in constant currency terms in the second quarter.

India’s Infosys, Wipro top Q2 revenue estimates as spending revives

2024-10-17T11:28:56.000Z
Accenture reported fourth-quarter revenue of US$16.41 billion, compared with analysts expectations of US$16.38 billion.

Accenture unveils US$4 billion share buyback as AI powers strong quarterly revenue

2024-09-26T11:19:21.000Z
Quarterly reports from Infosys and other IT firms showed a nascent recovery in BFSI client demand after six quarters of depressed spending since the Silicon Valley Bank collapse.

Global banks’ tech revival sparks hope for US$254 billion Indian IT sector

2024-08-14T07:59:28.000Z
CrowdStrike’s faulty update to its security software crashed computers powered by Microsoft’s Windows operating system, disrupting Internet services across the globe and affecting a broad swathe of industries including airlines, banking and healthcare.

Fortune 500 firms to see US$5.4 billion in CrowdStrike losses, says insurer Parametrix

2024-07-24T10:46:04.000Z
Minister for Digital Development and Information Josephine Teo says: "We need to do as much as we can even before incidents happen so that we can recover and prevail over the disruptions.”

Putting in place safeguards, crisis plans for tech outages starts in peacetime: Josephine Teo

2024-07-21T13:27:27.000Z
Passenger crowds had swelled at airports on Friday as dozens of flights were cancelled after an update to a programme operating on Microsoft Windows crashed systems worldwide.

Flights resume after global IT crash wreaks havoc

2024-07-21T07:35:20.000Z
Travellers hoping to file insurance claims related to the outage should keep all their receipts or bills to show proof of purchase.

What travellers need to know about the global tech outage

2024-07-21T05:00:00.000Z
In a Facebook update on the morning of Jul 20, operator Changi Airport Group said a “small number” of airlines still need check-ins to be done manually.

Check-ins for most airlines hit by global IT outage at Changi Airport back to normal

2024-07-20T04:28:40.000Z