The matter dates back to 2014, when the US Department of Labor's Office of Federal Contract Compliance Programs (OFCCP) audited the California-based firm and later sued it in 2017, alleging that the company owed women and minorities $400 million in unpaid wages between January 2013 and December 2016.

The biggest challenge brand custodians face today is security. Stressing the need to safeguard organisations in the digital realm.

The training will address accelerating digital technology adoption across enterprises through in-demand technology learning paths.

The company had reported a 26% drop in profits for the quarter ended June 30 on account of the impact of the global shutdowns. This was better than what the company had initially anticipated – in March it had said that it expected an impact of upto 40% on its profits in the first half of the year owing to reduction in business from the travel and retail businesses.

The company’s global resources and experience give it the ability to scale quickly to meet the needs of enterprise clients. Actifio’s multi-cloud copy data management platform will help Persistent deliver modern data protection and instant data access that reduces time to market for new applications while improving security, compliance and governance.

On Monday, global media reports said Oracle had emerged the winner for TikTok’s US operations, with the company likely to be named TikTok’s ‘trusted tech partner’. The deal is unlikely to be structured as an outright sale, the reports said.