Tag: Adani Group
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Nate Anderson Announces Hindenburg Closure
In a surprising announcement, Nate Anderson, the founder of Hindenburg Research, declared the closure of the renowned short-selling firm. Known for its high-profile investigations...
Ambuja Cements Announces Merger with Sanghi Industries and Penna Cement to Boost Market Competitiveness
Adani Group-owned Ambuja Cements has announced the merger of its subsidiaries, Sanghi Industries Limited (SIL) and Penna Cement Industries Limited (PCIL), into a unified...
