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Indian airlines, brokerages affected by global IT outage
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Indian airlines, brokerages affected by global IT outage
Jul 19, 2024 1:33 AM

By Jayshree P Upadhyay and Jaspreet Kalra

MUMBAI, July 19 (Reuters) - Indian airlines and some

brokerages faced technical and operational disruptions on Friday

amid a global IT outage, multiple traders and airlines said.

Several major oil and gas trading desks in London and

Singapore were struggling to execute trades due to a cyber

outage, six industry sources told Reuters. LSEG Group's

Workspace news and data platform also suffered an outage,

affecting user access worldwide.

"We are currently experiencing technical challenges with our

service provider, affecting online services including booking,

check-in, and manage booking functionalities," SpiceJet

said on social media platform X.

Indigo, Akasa Air, Vistara, Air India and Air India Express

also posted messages on X saying they were facing issues.

New Delhi airport said it too faced some IT issues and some

services were temporarily affected.

Among the brokerages in India, Nuvama Wealth Management

, Edelweiss Mutual Fund, Motilal Oswal, IIFL Securities

, 5Paisa Capital and Angel Broking are facing

technical difficulties, traders at the brokerages told Reuters.

None of the brokerages responded to emails seeking

confirmation and comment.

India's interbank trading platforms were functioning,

however, and banks said they were able to execute bonds and

foreign exchange transactions without any issues.

A source at the country's central bank said they were aware

of the global outage but their systems were functional.

Widespread outages affecting banks, telecom networks and

media were reported in Australia, possibly linked to an issue at

global cybersecurity firm Crowdstrike ( CRWD ). Major U.S.

airlines also issued ground stops citing communications issues.

Crowdstrike ( CRWD ) ran a recorded phone message on Friday saying it

was aware of reports of crashes on Microsoft's ( MSFT ) Windows

operating system relating to its Falcon sensor.

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