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AMD to Acquire Server Builder ZT Systems for $4.9 Billion in Cash and Stock
AMD has announced that it will acquire server manufacturer ZT Systems as the company looks to compete with Nvidia in terms of hardware and AI chips. The Taiwanese firm says that intends to finance 75 percent of the $4.9 billion acquisition with cash, while it plans to pay the remaining portion in stock.
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2 Developers Of Top Property Firm Arrested In Mumbai For Alleged Fraud
Two builders of property developer Nirmal Lifestyle have been arrested by the Mumbai Police. Dharmesh Jain and Rajeev Jain of the property developer allegedly duped homebuyers of Rs 11.30 crore, sources said.
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Couple Promises US Tour, Dupes Maharashtra Woman Of Rs 31 Lakh: Cops
Police have registered a case against a couple who own a travel company for allegedly duping a woman builder of more than Rs 31 lakh in Maharashtra's Thane district, an official said on Monday.
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Special Investigation: Bengaluru Flood Culprits Include Firms Like Wipro
High-profile builders, developers and tech parks are among the list of alleged encroachers who closed up around 700 storm water drains in Bengaluru that led to last week's flood in parts of the city.
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Gurugram Builder Allegedly Cheated Flat Buyers Of Rs 15 Crore, Case Filed: Police
More than 75 home-buyers were allegedly duped of Rs 15 crore by a real estate firm on the assurance of providing flats, police said.
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Polygon, Solana Projects Dominate Pitch List as Coinbase Gears to Host Funding Session in India
Coinbase crypto exchange is set to host an in-person pitch session with Indian crypto entrepreneurs later this week. CEO Brian Armstrong called India’s software talent “world class”, which could add more value to the overall crypto ecosystem as well as to India’s growth. Over 100 crypto firms have signed up to pitch before Coinbase on April...
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Gurgaon Builder Stopped From Selling Homes In 7 Projects After Building Collapse
Gurgaon authorities have stopped builder Chintels Paradiso from selling apartments under its seven projects, a month after a building at the housing complex collapsed.
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Builder To Conduct Project's Structural Audit Day After Gurgaon Building Roof Collapse
A day after partial collapse of its residential tower in Gurugram killed two people, realty firm Chintels India on Friday said the company is cooperating with the local authorities on the incident and would conduct a structural audit of the project
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With $1.14 Billion For 2 Firms, Mukesh Ambani Moves On Green Energy
Mukesh Ambani's Reliance Industries Ltd. acquired a Norwegian solar panel maker and an Indian builder of renewable projects in a bid by the oil-to-retail conglomerate to extend its dominance into alternative energy.
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Dutch Firm Builds First Commercial House Printed With 3D Technology
Europe’s first 3D-printed concrete house and the world’s first commercial housing project in the city of Eindhoven has gotten its first tenants. With Project Milestone, the city of Eindhoven hopes to pave the way for wide-scale construction of 3D houses equipped with all modern comforts. The three-room single-floor house is spread over 1,000 sq...
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Jewellery Worth Over Rs 4 Crore Seized From Tamil Nadu Firms In Fraud Case
Enforcement Directorate (ED) on Thursday seized gold and diamond jewellery worth Rs 4.43 crores during search operations at the residential premises of Chairman and Managing Director of Messrs Cethar Limited and Director of Messrs NSK Builders Private Limited in Trichy.
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CBI Charges Son Of Noida Builder 'Gaursons' In Bank Fraud Worth 80 Crores: Report
Rahul Gaur, the son of real estate group Gaursons' chairman BL Gaur and his wife Navneet, have been charged by the CBI for allegedly cheating the Bank of Baroda and the Syndicate Bank to the tune of Rs 80 crore in the name of a high-end residential complex planned by their firm Brys International Private Limited, officials said on Friday.
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Nokia Launches Data Centre Networking Tools, Developed With Apple
Nokia launched a set of tools on Thursday for data centre networking, developed in cooperation with Apple, to help companies to manage the growth in traffic as 5G and machine learning technologies roll out.
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Google Launches Free Tool in Beta to Help Quickly Create Short YouTube Videos
As businesses struggle to shift from the traditional to the digital space given the current pandemic crisis, Google has released a new beta tool that lets you create short YouTube videos.
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Noida Builder Forges High Court Order To Avoid Paying Rs 26 Crore Dues
A builder, who allegedly tried to avoid paying dues of Rs 26.80 crore his firm owed to the Noida Authority by forging an Allahabad High Court order, has been charged for fraud and forgery, officials said on Tuesday.
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AMD to Acquire Server Builder ZT Systems for $4.9 Billion in Cash and Stock
AMD has announced that it will acquire server manufacturer ZT Systems as the company looks to compete with Nvidia in terms of hardware and AI chips. The Taiwanese firm says that intends to finance 75 percent of the $4.9 billion acquisition with cash, while it plans to pay the remaining portion in stock.
-
2 Developers Of Top Property Firm Arrested In Mumbai For Alleged Fraud
Two builders of property developer Nirmal Lifestyle have been arrested by the Mumbai Police. Dharmesh Jain and Rajeev Jain of the property developer allegedly duped homebuyers of Rs 11.30 crore, sources said.
-
Couple Promises US Tour, Dupes Maharashtra Woman Of Rs 31 Lakh: Cops
Police have registered a case against a couple who own a travel company for allegedly duping a woman builder of more than Rs 31 lakh in Maharashtra's Thane district, an official said on Monday.
-
Special Investigation: Bengaluru Flood Culprits Include Firms Like Wipro
High-profile builders, developers and tech parks are among the list of alleged encroachers who closed up around 700 storm water drains in Bengaluru that led to last week's flood in parts of the city.
-
Gurugram Builder Allegedly Cheated Flat Buyers Of Rs 15 Crore, Case Filed: Police
More than 75 home-buyers were allegedly duped of Rs 15 crore by a real estate firm on the assurance of providing flats, police said.
-
Polygon, Solana Projects Dominate Pitch List as Coinbase Gears to Host Funding Session in India
Coinbase crypto exchange is set to host an in-person pitch session with Indian crypto entrepreneurs later this week. CEO Brian Armstrong called India’s software talent “world class”, which could add more value to the overall crypto ecosystem as well as to India’s growth. Over 100 crypto firms have signed up to pitch before Coinbase on April...
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Gurgaon Builder Stopped From Selling Homes In 7 Projects After Building Collapse
Gurgaon authorities have stopped builder Chintels Paradiso from selling apartments under its seven projects, a month after a building at the housing complex collapsed.
-
Builder To Conduct Project's Structural Audit Day After Gurgaon Building Roof Collapse
A day after partial collapse of its residential tower in Gurugram killed two people, realty firm Chintels India on Friday said the company is cooperating with the local authorities on the incident and would conduct a structural audit of the project
-
With $1.14 Billion For 2 Firms, Mukesh Ambani Moves On Green Energy
Mukesh Ambani's Reliance Industries Ltd. acquired a Norwegian solar panel maker and an Indian builder of renewable projects in a bid by the oil-to-retail conglomerate to extend its dominance into alternative energy.
-
Dutch Firm Builds First Commercial House Printed With 3D Technology
Europe’s first 3D-printed concrete house and the world’s first commercial housing project in the city of Eindhoven has gotten its first tenants. With Project Milestone, the city of Eindhoven hopes to pave the way for wide-scale construction of 3D houses equipped with all modern comforts. The three-room single-floor house is spread over 1,000 sq...
-
Jewellery Worth Over Rs 4 Crore Seized From Tamil Nadu Firms In Fraud Case
Enforcement Directorate (ED) on Thursday seized gold and diamond jewellery worth Rs 4.43 crores during search operations at the residential premises of Chairman and Managing Director of Messrs Cethar Limited and Director of Messrs NSK Builders Private Limited in Trichy.
-
CBI Charges Son Of Noida Builder 'Gaursons' In Bank Fraud Worth 80 Crores: Report
Rahul Gaur, the son of real estate group Gaursons' chairman BL Gaur and his wife Navneet, have been charged by the CBI for allegedly cheating the Bank of Baroda and the Syndicate Bank to the tune of Rs 80 crore in the name of a high-end residential complex planned by their firm Brys International Private Limited, officials said on Friday.
-
Nokia Launches Data Centre Networking Tools, Developed With Apple
Nokia launched a set of tools on Thursday for data centre networking, developed in cooperation with Apple, to help companies to manage the growth in traffic as 5G and machine learning technologies roll out.
-
Google Launches Free Tool in Beta to Help Quickly Create Short YouTube Videos
As businesses struggle to shift from the traditional to the digital space given the current pandemic crisis, Google has released a new beta tool that lets you create short YouTube videos.
-
Noida Builder Forges High Court Order To Avoid Paying Rs 26 Crore Dues
A builder, who allegedly tried to avoid paying dues of Rs 26.80 crore his firm owed to the Noida Authority by forging an Allahabad High Court order, has been charged for fraud and forgery, officials said on Tuesday.
