Tag: Nasscom
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...
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...
Nasscom Predicts Workforce Shift Amid AI Disruption
India’s technology sector is undergoing a fundamental transformation as artificial intelligence reshapes delivery models and client expectations. According to a recent statement by industry...
Snowflake, Nasscom to Train 1 Lakh in Data & AI
In a major boost to India’s digital workforce development, AI Data Cloud company Snowflake has partnered with Nasscom’s FutureSkills Prime, a joint skilling initiative...
Nasscom Predicts Artificial Intelligence Boom in India Across Key Sectors in 2025
India is set to witness a sharp rise in artificial intelligence (AI) adoption across key sectors in 2025, according to Sanjeev Malhotra, CEO of...