Tag: CCI
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...
India’s CCI Probes 35 Cartel Cases Across Key Sectors
The Competition Commission of India (CCI) has actively investigated 35 cartel cases across various sectors over the past five years, according to a Lok...
Ad Industry Raids Follow Leniency Tip-Offs: CCI
India’s Competition Commission (CCI) launched a sweeping antitrust raid on major media buying agencies this week, acting on evidence submitted under its leniency programme,...
CCI Clears Tata Sons’ 10% Stake Buy in Tata Play
The Competition Commission of India (CCI) has given the green light to Tata Sons Private Limited for acquiring an additional 10% stake in Tata...
CCI Approves Bain Capital’s Dhoot Deal
The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV...
CCI Approves JSW Neo O2 Power Acquisition
The Competition Commission of India (CCI) has granted approval for JSW Neo Energy Limited’s acquisition of 100% shareholding in O2 Power Midco Holdings Pte....
Govt to Introduce Digital Competition Bill After Deliberations
The Indian government is taking a measured approach before introducing the Digital Competition Bill, ensuring that it aligns with global best practices and effectively...
