Tag: GCC
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...
Karnataka Unveils ₹967-Crore IT & Space-Tech Policies
The Karnataka cabinet has approved two major policy frameworks — the Information Technology (IT) Policy 2025–2030 and the Space Technology Policy 2025–2030 — backed...
Trump Slaps $100K Fee on H-1B Visa, IT Firms React
In a move sending shockwaves through India’s $283 billion IT services industry, former U.S. President Donald Trump has proposed a $100,000 fee for new...
ANSR, Andhra Govt Partner for Vizag GCC Hub
Global capability centre (GCC) specialist ANSR has signed a memorandum of understanding with the Government of Andhra Pradesh to establish a new GCC innovation...
India’s GCC Sector to Hit $105 Billion by 2030
India’s Global Capability Centers (GCC) are projected to grow to $105 billion by 2030, employing over 2.8 million professionals, further solidifying the country’s position...
Maharashtra Plans AI Policy, Innovation City, and GCC Hubs for Growth
The Maharashtra government is formulating a dedicated artificial intelligence (AI) policy and developing global capability center (GCC) parks to accelerate technological innovation in the...
