Tag: insurance
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...
IRDAI Sets April Launch for Bima Vahak Initiative
The Insurance Regulatory and Development Authority of India (IRDAI) has announced that the Bima Vahak initiative, a women-centric insurance field force, will have a...
Upstox Enters Insurance Distribution with HDFC Life as First Partner
Fintech platform Upstox has announced its entry into the insurance distribution sector. This move marks a significant expansion of Upstox's services. By entering the...
Financial Instruments: Safeguarding Success Through Strategic Risk Management
In the dynamic landscape of finance, risk management stands as a cornerstone for ensuring the stability and longevity of businesses. Within this realm, leveraging...
