Tag: DPIIT
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...
DPIIT Partners with Hafele to Boost Startup Manufacturing
The Department for Promotion of Industry and Internal Trade (DPIIT) has formalised a partnership with Hafele India to strengthen support systems for startups in...
ITC to Gain from Relaxed FDI Norms
The Indian government has relaxed rules regarding foreign direct investment (FDI) in sectors where it is otherwise prohibited, offering relief to companies like ITC...
DPIIT and Paytm Partner to Boost India’s Startup Ecosystem
The Department for Promotion of Industry and Internal Trade (DPIIT) has joined hands with Paytm (One97 Communications Limited) to foster innovation and accelerate the...
DPIIT Partners with Bhaane to Boost Manufacturing Startups
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a MoU with the Bhaane Group, a subsidiary of Shahi Exports Pvt...
JK Cement, DPIIT Join Forces for Startups
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, has partnered with JK Cement. This move...
DPIIT Partners with boAt to Accelerate Startup Growth and Innovation
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with boAt, one of India’s leading audio...