organisation

Japan's trade ministry said on Friday it would offer backing worth up to 45 billion yen ($301 million) to an organisation, including chip foundry venture Rapidus, for research into cutting-edge semiconductor technology.The Leading-edge Semiconductor Technology Center (LSTC) is chaired by Rapidus Chairman Tetsuro Higashi and includes research institutions and universities.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIT…

The All India Organisation of Chemists and Druggists (AIOCD) has asked pharmaceutical companies to refrain from advertising their products on e-pharmacy platforms, which it alleges are operating illegally."AIOCD is committed to upholding the rules and regulations… We have observed that various pharmaceutical companies are advertising their products on illegal e-pharmacy platforms. We urge you to refrain from such advertising…," it said in a letter dated November 23.Elevate Your Tech Prowess with High-Value Skill…

The use of ChatGPT, Bard and other AI tools has become quite common these days. While there’s no denying how easy it renders some tasks, there are questions about authenticity and credibility of the data it generates. Keeping this in mind, several organisations have banned the use of AI tools. Joining the ranks of such organisations is US-based media organisation National Public Radio, better known as NPR. What NPR has to say about use of AI toolsAccording to a tweet by a New York Times journalist, an email was sent to…

Short-video-based social media app Chingari has laid off around 60 employees as part of its restructuring plan, the company said on Tuesday.Sources said that the total number of fired employees constitutes about 25 percent of the Chingari's total workforce but the company said that it has laid off only 20 percent of its workforce.When contacted, a Chingari spokesperson said, "We deeply regret the need for these workforce reductions of 20 per cent as a part of Chingari's organisational restructuring. These were one of the…

What is Line Organisation?Line organisation, also known as a scalar organisation, is a traditional and straightforward organisational structure with a direct chain of command. It operates on a simple and linear framework, where each employee reports directly to their immediate superior. This structure ensures clear lines of authority, minimises confusion, and promotes efficient communication. Line organisation also establishes clear accountability. It means that the employees having well-defined roles and responsibilities…

What is Line and Staff Organisation?Line and staff organisation is a way for businesses and organisations to structure themselves. It has two main parts: the line structure and the staff structure. The line structure is all about the chain of command. It includes the managers who make decisions and oversee the day-to-day work. The employees report directly to these managers and do the tasks. The staff structure is about having specialised people who support the line managers and employees. These specialised staff members…

Published By: Paras YadavLast Updated: May 24, 2023, 10:46 ISTFlying Taxi Startup E-Plane (Photo: IANS)The DOA is a crucial first step in the aircraft certification process, and it paves the way for The ePlane Company to begin commercial productionElectric flying taxi startup, The ePlane Company on Tuesday said the Directorate General of Civil Aviation (DGCA) it has granted the Design Organisation Approval (DOA).The Indian Institute of Technology Madras (IITM) incubated company is developing Electric Vertical Takeoff and…

Hair and makeup artist Florian Hurel: Our organisation is based on talent, artistry and futuristic thinking, we believe in letting everyone be themselves ( Photo Credit – Instagram ) French hair and make-up artist Florian Hurel has an enviable clientele. He has worked with the likes of Deepika Padukone, Priyanka Chopra Jonas, Sara Ali Khan, Janhavi Kapoor, Aishwarya Rai Bachchan, Tamannah Bhatia, among others. Even though he is quite popular in the industry, Florian has been keeping a low profile for some time now.…

Amid the government crackdown on illegal loan apps, research firm Chase India in a report on Tuesday proposed setting up a self-regulatory organisation (SRO) for the digital lending industry. The report on whitelisting framework for digital lending apps (DLAs) intends to support the industry, as it will add legitimacy to the practices and business operations of the DLAs, while simultaneously defining an appropriate regulatory approach in the sector. Chase India has prepared the whitelisting framework with inputs from…

Application Based QuestionsQuestion 1. In which form of organisation is a trade agreement made by one owner binding on the others? Give reasons to support your answer.Answer: In a partnership form of organisation, a trade agreement entered into by one owner is binding on the other owners. In India, “The Indian Partnership Act 1932” regulates all aspects and activities of partnerships. This particular law indicates that a partnership is an association of two or more people or parties who have agreed to share the profits…