PROJECT NIMBUS
Google DeepMind staff in UK to unionise, challenge defence deals and Israel links: FT report
Around 300 DeepMind employees in London are planning to unionise and challenge defence deals and Israel links, after Google dropped a pledge to in February to not develop AI technologies that cause or a likely to cause overall harm, including weapons and surveillance.
Apex submits plan to revive 16 projects of Supertech
Apex Group has proposed to the Supreme Court to revive 16 stalled Supertech projects, potentially rescuing over 14,000 homebuyers. They commit to clearing significant dues and investing ?500 crore initially, aiming for project completion within two years. While authorities and banks show tentative support, some homebuyers express concerns, preferring NBCC's proven track record.
Bengaluru couple transforms daughter’s lemonade stand into a thriving pop-up restaurant in the U.S., making over $15,000 a month
Bengaluru-born Swetha and Venkat Raju's summer experiment with their daughter Mahati's lemonade stand evolved into Brooklyn Curry Project, now a popular pop-up attraction. Initially serving masala dosas, their culinary venture has thrived, attracting numerous customers and generating over $15,000 monthly. They aim to establish a permanent restaurant soon.
How US tech giants supplied Israel with AI models, raising questions about tech's role in warfare
US tech giants have enabled Israel to use AI-driven technology to target militants in Gaza and Lebanon, leading to an increase in civilian casualties. The surge in AI use, mainly through Microsoft's services, raises ethical concerns about the role of commercial AI in warfare.
Realty developer Nimbus group reports Rs 278 crore sale in Q3FY25
Nimbus Projects Ltd reported a significant sales increase to Rs 278 crore in Q3FY25, an 868% rise from Q3 FY24, with collections up by 210%. Recognized by Noida authority for the Arista project, Nimbus is advancing luxury developments with an expected Rs 1,500 crore revenue. Chairman Bipin Agarwal emphasizes continued growth in upcoming quarters.
Big relief for home loan borrowers as EMIs to fall by 1.8% on a 20 year loan tenure as RBI reduced repo rate by 25 bps
Home Loan Interest Rate: RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to lower interest rates on floating rate home loans. Further cuts this year will depend on sustained low inflation and growth concerns. The next rate cut's timing is uncertain and will be influenced by economic factors.
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Nimbus Projects takes over stalled residential project in Noida, to invest Rs 1,000 crore
Nimbus Projects Ltd will invest nearly Rs 1,000 crore to revive the stalled Sunworld Arista housing project in Noida, gaining about a million sq ft of saleable area. Approved under UP’s co-development policy, the project anticipates Rs 1,400 crore in revenue while addressing RERA cases and financial closures.
Noida authority approves two more projects under co-development policy
Noida authority has approved two projects under Uttar Pradesh’s co-development policy, allowing Nimbus Projects and Theme County to revive stalled projects in sectors 168 and 115, respectively. The initiative aims to aid 1,000 homebuyers and ensures payment of dues and financial closure by the new developers.
Microsoft fires employees who organized vigil for Palestinians killed in Gaza
Microsoft has dismissed two employees who organized a vigil for Palestinians killed in Gaza. They aimed to honor victims and highlight Microsoft's ties with the Israeli government. The company cited policy violations. Both employees were part of a group opposing Microsoft's technology deals with Israel. The firings reflect ongoing tensions within tech companies over such partnerships.
One year of war in Gaza: Decoding the role of Big Tech
In the ongoing Israel-Hamas conflict, Big Tech’s involvement through AI and cloud services in warfare has raised ethical concerns. Employees at tech giants like Amazon, Microsoft, and Google have protested, citing their technologies' role in escalating violence and surveillance, prompting calls for greater accountability and human rights diligence.
Sensex rises! But these stocks fell 5% or more in Monday's session
In the Nifty pack, 32 stocks closed in the green, while 18 stocks ended in the red.
Sensex rises! But these stocks are down 5% or more on BSE
In the Nifty pack, 30 stocks were trading in the green, while 20 stocks were trading in the red.
Sensex falls! These stocks fell 5% or more in Friday's session
In the Nifty pack, 16 stocks closed in the green, while 34 stocks ended in the red.
Google fires workers protesting $1.2 billion contract to provide Israel AI, cloud services through Project Nimbus
Google has fired 28 employees for protesting against Project Nimbus, a $1.2 billion deal with Amazon to provide AI services to Israel. The protests, led by No Tech for Apartheid, included sit-ins at Google offices. Google cited policy violations, sparking debate over employee activism and tech companies' handling of dissent.
Google's open culture collides with the Israel-Hamas war
In the month since Hamas launched an attack inside Israel, and Israel retaliated with a bombing campaign and invasion of the Gaza Strip, discussion of the topic at Google -- for Muslims and Jews -- has sunk into an morass of hostility and intolerance, employees say.
Sensex falls! These stocks fell 5% or more in Thursday's session
In the Nifty pack, 30 stocks closed in the green, while 20 stocks ended in the red.
Sensex rises! But these stocks fell 5% or more in Monday's session
In the Nifty pack, 29 stocks closed in the green, while 21 stocks ended in the red.
Registries of almost 1,100 flats approved but held up by builders: Noida Authority
The projects are located in Sector 75, 78, 121, 137, 144, 143B, 108, 168, and 107, the Noida Authority said Tuesday, warning punitive action against the erring developers if the registries are not ensured.
Realty hot spot: Promising housing destination in NCR
Sectors 74 to 79 in Noida are close to employment hubs and have good connectivity to Delhi.
Sensex falls! But these stocks gained over 10% on BSE
In the Nifty 50 index, 7 stocks ended in the green, while 43 stocks closed in the red in today's trade.
Sensex falls! But these stocks surged over 5% on BSE
The BSE Sensex closed 703.59 down at 56463.15 on Tuesday.
Market now: Top sectors and stocks buzzing in trade today
Among the 51 components in the Nifty index, 19 shares were in green, while 32 were trading in red around the same time.
Shoe companies finally turn attention to Indians with big feet
At Bata’s annual general meeting in Kolkata this month, a shareholder accused manufacturers of being insensitive while sharing the ordeal he has to undergo whenever it’s time to get a new pair of shoes. The shareholder’s feet size is 11. And, shoes that fit him are hard to find.
Sanjay Khan sells Bangalore Hotel to Nimbus Group for Rs 120 cr
The five-star deluxe property Golden Palms Hotel & Spa spread over 14 acres on Tumkur Road, Bangalore was set up over a decade back and has 150 rooms.
Prasar Bharti CEO, outsourcing of CWG coverage made news
The suspension of Prasar Bharti CEO B S Lalli and the controversial outsourcing of CWG coverage to a private firm capped the events in the Information and Broadcasting sector in 2010.
Foreign cos may get FIPB nod for downstream investments
The wait is over for 30 foreign firms to get foreign exchange promotion board’s (FIPB) nod for making downstream investments.
Sachin, Sourav, Dravid to be beyond boundary for bidders
IPL governing council invites ESPN Star, Nimbus Sports and SET to make presentations for media rights on November 17.
BCCI income in FY07 rises to Rs 652 crore
Despite a fall in income from the media rights, the Board of Control for Cricket in India (BCCI) has reported overall income of Rs 651.83 crore for the financial year 2006-07.
Nimbus gets Rs 550-cr foreign feed
A clutch of foreign investors including 3i, Cisco and Oman International Fund (OIF) have invested Rs 552 crore in Nimbus Communications in what could be one of the largest-ever private equity investments in the Indian media and entertainment sector.
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