Tag: Regulatory Compliance

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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BYD Eyes SKD Assembly to Bypass India EV Import Limits

Chinese electric vehicle giant BYD is evaluating semi-knocked-down (SKD) assembly operations in India to meet surging domestic demand constrained by stringent import restrictions. After...

Deloitte Report Reveals Enterprises Accelerating AI Agent Adoption Ahead of Governance Readiness

Deloitte's State of AI in the Enterprise report, surveying over 3,200 leaders across 24 countries, projects AI agent usage surging from 23 percent to...

Cisco Report AI Sparks India Privacy Investment Surge

Cisco's 2026 Data Privacy Benchmark Study reveals that 97 percent of Indian organizations have expanded privacy programs, with 96 percent planning further investments to...

JLR Payroll Breach Exposes Systemic Cyber Risk

Jaguar Land Rover’s confirmation that payroll and HR data belonging to thousands of current and former employees was stolen in its August 2025 cyber...

MeitY Issues Apple Notice After Spyware Alerts

India's Ministry of Electronics and Information Technology (MeitY) has issued a notice to Apple following a new wave of "mercenary spyware" threat notifications sent...

Gartner: AI Compliance Failures to Surge Legal Disputes by 30%

According to a new survey by Gartner, legal disputes stemming from AI regulatory violations are expected to rise by 30% by 2028, underscoring a...

The Growing Importance of AML Software in Banking

By Vijeth Shivappa In today's fast-paced financial environment, the risk of financial crimes such as money laundering has significantly increased. Financial institutions face immense pressure...

FSSAI Warns Ecommerce Firms on Food Safety Gaps

The Food Safety and Standards Authority of India (FSSAI) has issued a strong warning to ecommerce platforms, urging full compliance with food safety and...

Citigroup to Cut IT Contractors by 30%

Citigroup has announced a major overhaul of its IT workforce, aiming to reduce its reliance on external contractors by 30% as part of a...

ED Issues FEMA Notice to Paytm

Digital payments giant Paytm has received a show cause notice from the Enforcement Directorate (ED) over alleged violations of the Foreign Exchange Management Act...