Tag: mou
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...
Japanese Firms Expand Manufacturing in Karnataka
Japanese companies are ramping up manufacturing investments in Karnataka, with a series of fresh commitments across electronics, chemicals, and industrial machinery. The announcements were...
NBCC Signs MoU with RailTel for Data Centre Projects
State-owned infrastructure giant NBCC (India) Ltd has signed a strategic Memorandum of Understanding (MoU) with RailTel Corporation of India Ltd to jointly develop data...
upGrad and Maharashtra Launch AI Education Initiative
upGrad has signed a significant Memorandum of Understanding (MoU) with the Government of Maharashtra to establish AI Excellence Centers across the state. This partnership...
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...
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...
