Aashish Aryan

Synopsis Your data can be exchanged for as little as Rs 150-Rs 300 by informants who sell "datasets" to employees at call centres, BPOs, or telemarketers, as per an investigation by ET. Digital privacy experts point to multiple sources of data leaks that feed this proliferating industry.

NXP CEO Kurt Sievers said the company will also invest $1 billion in the next five years to expand its research and development capabilities in India, both in the hardware and software segments.

Synopsis Speaking on the sidelines of the recently concluded Semicon 2024, Tetsuya Iwasaki, the general manager of Fujifilm's electronic materials business division said that the company was in advanced stages of exploring joint venture opportunities as well as the possibility of leasing their proprietary technology licences to Indian companies.

Rules under the Digital Personal Data Protection (DPDP) Act may prescribe an umbrella framework for companies on consent management instead of issuing exact rules, sources in the know told ET. The rules may provide certain exemptions to schools, colleges, and universities on processing and obtaining parental consent, but edtech companies will not be out of the net.

“It (AI) is expected to transform and deliver 50% of the automation and efficiency improvements for large parts of the work we do. It is expected to transform the way we interact with each other. To put that in perspective, $7 trillion of annual labour productivity improvements will happen over the next decade,” Kurian, who is also a member of the board, said in his keynote address at the NetApp Insight 2024.

Despite a slow start, Indias semiconductor ambitions have seen major milestones. Now more widespread initiatives are needed for this momentum to continue.

The move has come at an opportune time for the country and the company.

Apple supplier Jabil is looking to expand operations in India and invest an additional $250-$275 million (Rs 2,102-Rs 2,312 crore) in the country to establish at least two more manufacturing units over the next three to four years, sources told ET.

Synopsis The move aims to boost domestic manufacturing of IT hardware products like laptops, tablets, and servers. While the current import management system has been extended, new guidelines are being formulated to regulate future imports.

Synopsis During a meeting earlier this month with various industry stakeholders, the Ministry of Electronics and Information Technology (MeitY) made efforts to iron out concerns about potential business disruptions once the rules are issued, a senior official told ET.