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Wipro Ltd. acquired a majority stake in Aggne Global Inc., a provider of IT services for the insurance industry. Aggne has a focus on the Duck Creek platform.
Cognizant Technology Solutions Corp. reported fourth-quarter revenue was down 2.4% in constant currency, with revenue declining across geographies.
The government also increased its budgetary allocation in cyber security projects by almost 90 percent to Rs 759 crore for 2024-25.
The Information Commissioner's Office (ICO) has received a data breach report from three Kent councils, which continue to grapple with the aftermath of a cyberattack.
India-based IT services giant Tech Mahindra Ltd. reported yesterday that revenue as measured in US dollars fell 5.4% year over year in constant currency to USD 1.57 billion in its fiscal third quarter ended 31 December 2023. The decrease on a reported basis was 5.7%. Still, the company reported USD 381 million in new deal wins.