Tag: #innovation

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...
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Tamil Nadu, ANSR Sign MoU to Boost GCC Expansion

The Government of Tamil Nadu has signed a major Memorandum of Understanding with ANSR to scale Global Capability Centres (GCCs) in the state. The...

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...

TDB Supports Pune Startup for Indigenous Supercapacitor Energy Storage

In a significant step towards strengthening India’s deep-tech and clean energy innovation ecosystem, the Technology Development Board (TDB) under the Department of Science &...

India, Italy Eye $30 Billion Trade Future

The ‘Italy-India Business, Science and Technology Forum’ held in New Delhi saw strong reaffirmation of the growing strategic ties between the two nations. Deputy...

Startup Founders Push Back on Union Minister Goyal’s Critique

India’s startup ecosystem has responded sharply to Union Minister of Commerce and Industry Piyush Goyal’s recent comments questioning the sector’s priorities. Speaking at the...

India a Key Player in Global Tech: Nasscom

At Global Confluence 2025, Nasscom President Rajesh Nambiar underscored India's expanding role in the global tech ecosystem, emphasizing its strong talent pool, thriving startup...

AI in Music: Aishan, Ruh & Legal Risks

The Indian music industry is witnessing a technological revolution with the introduction of ‘Aishan’ and ‘Ruh’, the country’s first AI-generated pop stars. Introduced at...

DPIIT, Mercedes-Benz India Sign MoU

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Mercedes-Benz India to strengthen India’s manufacturing...

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...

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...

India Leads AI Adoption and Governance, Says Sitharaman

India is not just a frontrunner in Artificial Intelligence (AI) adoption but is also actively shaping global AI governance, Union Minister of Finance and...

STPI Launches Incubation Hub in Kolkata for IT Startups

The Software Technology Parks of India (STPI), under the Ministry of Electronics and Information Technology (MeitY), has inaugurated a new incubation facility in Salt...