ServiceNow - Update or Edit a Label for Table/Form/List in Service Now

To update the label for a table which is shown on the left hand-side corner of a list or a form, following are the steps:

1. Go to System Definition -> Tables
2. Find the table you are looking for, lets say Incident
3. Click on the table record to go to its details
4. Scroll down all the way till you find Label section
5. Click on the label record
6. Update Label: and Plural: field to "Mod-Incident" and "Mod-Incidents" and press Update button

You will get the following results