The draft policy, made by the Department for Promotion of Industry and Internal Trade (DPIIT), also proposes to create a Universal Enterprise ID for micro, small and medium enterprises (MSMEs) to strengthen their credit rating mechanism and MSME cluster financing models, as it aims to showcase India as an attractive investment destination.
OTU India offers a video feature to potential employers, wherein it prepares a profile for candidates and connects them to organised employers across the country with the help of technology.
Microsoft plans to invest over $10 million in a financing round that values Gatik at more than $700 million, the sources added. As part of the deal, Gatik will use Microsoft's cloud and edge computing platform Azure in developing autonomous delivery technology for trucks.
Shastry succeeds Pravin Tatavarti, who stepped down from the role at the end of 2022. In his last stint, Shastry was a partner at executive search firm Heidrick & Struggles in India responsible for technology and services practices.
Microsoft chief calls India’s work in digital public goods astonishing, says firm focused on disciplined investments to remain competitive
The muted revenue growth comes amid a delay in its plan for a public market listing due to a global tech stock rout over macroeconomic headwinds.
The next hearing is scheduled for February 13 on the issue of staying the penalty levied by CCI in October and the final hearing is expected on April 3.
