Latest news with #Europe-based
Time of India
2 days ago
- Time of India
Ludhiana police arrest three in connection with Jawahar Nagar firing to threaten hotelier before court testimony.
Ludhiana: A hotelier's courtroom duty meets a prisoner's deathly itinerary. In a chilling plot stretching from a city prison to Europe, police say a jailed murder accused conspired to intimidate a witness by orchestrating a targeted shooting at the victim's home — carried out by teenage assailants with imported weapons. Three people, including a 16-year-old boy, have been arrested by the special cell of the Ludhiana police commissionerate in connection with a July 14-15 shooting in Jawahar Nagar. The incident, as police claim, was an attempt to threaten hotelier Kanwaljit Kumar into not testifying in the July 22 court hearing for his brother's murder case. Police have linked the conspiracy to Darpan, an inmate of Ludhiana Central Jail, who is on trial for the 2023 murder of Kanwaljit's brother, Harjinder 'Jindi' Kumar. Investigators say Darpan coordinated the attack from inside prison using external aides — including one based in Europe — and assigned the shooting to a team of local youth. Conspiracy spanned continents Commissioner of police Swapan Sharma has said Darpan contacted his Europe-based associate Namit Sharma, who has seven FIRs (first-information reports) registered against him and is now on the run. Namit allegedly passed instructions to Aman Sharma, who arranged the team to carry out the shooting. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo The arrested individuals have been identified as Manya Sharma, Kushveer Singh Guri, and a juvenile, all residents of Jawahar Nagar. "Manya along with the juvenile and a fugitive named Akshay executed the shooting," Sharma said. "Manya fired a shot using an imported pistol while riding pillion on a scooter driven by the juvenile, with Akshay on board as well." The attack took place outside Kanwaljit Kumar's home. Just an hour earlier, the same shooters had allegedly fired at Pratham, manager of Kanwaljit's hotel near the city's bus stand. Pratham escaped unhurt. Weapons, cash, shelter supplied The broader support network includes Kushveer and Danish, who provided shelter and financial backing, police have said. Namit also arranged the weapons, including an imported pistol capable of burst fire, cops have added. Five pistols, nine magazines, and 30 live cartridges were recovered, along with the scooter used in the crime. Inspector Navdeep Singh, who heads the special cell, said the shooters had been promised ₹1 lakh for the task. Witness still on hit list Despite the attack, Kanwaljit continues to receive threats, including calls from a Haryana-based gangster warning him not to testify, claim police sources. Authorities have since provided him with protection. Jailed accused to face questioning Police plan to bring Darpan out on a production warrant to investigate how he managed to coordinate the plot from behind bars and establish the source of the weapons. MSID:: 122782989 413 |
Time of India
3 days ago
- Science
- Time of India
Block-level climate vulnerabilities of Meghalaya revealed
Shillong: Researchers from Meghalaya Climate Change Centre (MCCC), Government of Meghalaya, have conducted an assessment, profiling a comprehensive climate vulnerability across the then 39 community & rural development blocks in the state under the theme 'Integrated climate vulnerability assessment of Meghalaya at block level'. It has been published as a research article in 'Discover Sustainability', a journal published by the Europe-based Springer Nature Group. "The assessment reveals vulnerability in 25 C&RD blocks in the very high and high categories, contributed by limited access to credit, low household incomes, inadequate public health infrastructure such as Anganwadi centres, and low forest resource availability besides other factors," a statement issued by the Meghalaya Basin Development Authority (MBDA) said on Friday. "The research article presents actionable analysis for policy makers, particularly those shaping climate resilience, rural development, and socio-economic equity in Meghalaya as this analysis reveals local vulnerabilities that district-level studies often miss, enabling precise, location-specific adaptation and mitigation interventions," the statement said. The MCCC, established under the National Mission for Sustaining the Himalayan Ecosystem (NMSHE), department of science & technology, Government of India, functions under the planning, IP&SD department, and performs as a technical unit to the Meghalaya Basin Development Authority, which is the secretariat to the Meghalaya State Council on Climate Change & Sustainable Development.
Metropolis Japan
4 days ago
- Entertainment
- Metropolis Japan
Rebecca Merlick: Coffee House Vienna
Step into a digital memoryscape of fading cafés and untold stories at Coffee House Vienna, the latest immersive exhibition by acclaimed Europe-based digital artist, architect, and filmmaker Rebecca Merlick. Hosted by CONTRAST, this solo show invites visitors to explore the intimate, vanishing world of coffee houses across Japan and Vienna—reimagined through cutting-edge 3D scanning, interactive storytelling, and sculptural installations. From creaking floors and stained cups to voices and memories of café owners and regulars, Merlick's work carefully reconstructs these spaces as living archives. Visitors can navigate a digitally recreated café environment, discovering hidden fragments and stories as if inside a video game. The installation also features sculptural works using rare Viennese ceramics, bridging craft and technology. Opening with a special reception on July 25 with the artist in attendance, this exhibition is a meditative experience on place, memory, and community in the face of urban change. Tuesday – Friday: 14:00 – 19:00 Sat & Sun: 12:00 – 19:00 Closed: Mondays
Yahoo
6 days ago
- Business
- Yahoo
Can Nebius Monetize Its Bets on ClickHouse, Avride and Toloka?
Nebius Group N.V. NBIS is a Europe-based AI-infrastructure company. The stock price has seen a meteoric rise (up 146.4% in the past three months), outperforming the S&P 500's 18.9% growth. NBIS is gaining from strong revenue growth of 385% in the last reported quarter, driven by accelerating demand for its AI-infrastructure services. Apart from booming core AI business, investors also need to look at the company's various stakes in some high-growth tech ventures that could emerge as powerful value drivers. ClickHouse stake is a standout. NBIS has a 28% stake in ClickHouse, valued at around $6 billion presently, which translates into a ready capital source if monetized. Other stakes include Toloka, a data partner for all stages of AI development, TripleTen, an edtech platform, and Avride, an autonomous vehicle platform. NBIS holds a considerable majority economic interest stake in Toloka. This tech venture is now backed by Amazon's Jeff Bezos and Shopify's Mikhail Parakhin. This investment will enable Toloka to scale rapidly and enhance its focus as global demand for high-quality AI data continues to rise. Avride struck partnerships with major players like Uber, Hyundai, GrubHub and Rakuten in the last reported quarter. Nebius also highlighted that discussions with potential third-party investors are underway, indicating another path to capital generation. These various stakes give Nebius a unique edge among AI-infrastructure players. Nebius seems confident to effectively monetize these businesses and fuel its core business while minimizing dilution to existing shareholders and keeping debt in check. For investors, these hidden value drivers may represent the next leg of the company's valuation uplift. CoreWeave CRWV is another AI-infrastructure company with hyper revenue growth of 420% in the first quarter of 2025. CRWV has been focused on own infrastructure buildout. The company acquired Weights & Biases as part of the strategy to expand its footprint in high-performance AI-cloud infrastructure. CRWV also recently announced the acquistion of Core Scientific in an all-stock deal worth around $9 billion as it deepens the vertical integration strategy. By taking ownership of Core Scientific's 1.3 GW power infrastructure footprint, with an additional 1 GW expansion potential, it gains ample room to grow its AI infrastructure. With demand for AI compute soaring, this extra capacity provides a strong long-term advantage. The transaction, expected to close in the fourth quarter of 2025. Management has also inked a strategic partnership with OpenAI for about $11.9 billion. Microsoft Corporation MSFT is a structurally dominant name in the tech space. With its Azure cloud platform, MSFT leads the AI-infrastructure space. The tech giant invests in innovative early-stage tech companies through its M12 venture fund. MSFT boasts stakes in various companies, with the crown jewel being OpenAI. MSFT has invested $13 billion in OpenAI and has rights to OpenAI IP (includes both model and infrastructure) for use within its products like Copilot, Azure and Bing. Moreover, Azure platform is the exclusive cloud provider for OpenAI. Through the Azure OpenAI Service agreement, developers can have direct access to leading OpenAI models supported by Azure and AI infrastructure and tools. Shares of Nebius have gained 87.5% year to date compared with the Internet – Software and Services industry's growth of 23.8%. Image Source: Zacks Investment Research In terms of price/book, NBIS' shares are trading at 3.87X, down from the Internet Software Services industry's ratio of 4.1X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for NBIS' earnings for 2025 has been unchanged over the past 30 days. Image Source: Zacks Investment Research NBIS currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Nebius Group N.V. (NBIS) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Euronews
6 days ago
- Business
- Euronews
EU lawmakers to push for another Amazon hearing in the autumn
Lawmakers of the European Parliament's Employment and Social Affairs Committee (EMPL) committee on Tuesday called for another hearing with senior representatives of tech giant Amazon this autumn, after a planned grilling with its senior executives didn't take place last month. The timing of the hearing and of any planned visit to Amazon's facilities in EU member states will be decided after the summer, sources with knowledge of the matter told Euronews. In June, EMPL heard from trade unions and Amazon workers on the issue of workers' rights, but not from a company representative, because the US tech giant didn't offer the specific senior manager requested by the EMPL committee. Amazon said it would send two Europe-based vice-presidents, rather than Senior Vice President Russell Grandinetti, but the committee refused to hear from the proffered speakers. As a result, some political groups called for further restrictions on the company, including a review of its contracts with the EU institutions. A spokesperson for Amazon said that the company takes its engagement with policymakers "extremely seriously" and that it remains open to constructive dialogue. "We hope the European Parliament will allow room for moderate voices and fact-based discussions, focused on the logistics industry more broadly and reflecting Amazon's contributions to European economy and society," the spokesperson said. Access badges The Parliament has made the hearing a precondition for Amazon regaining access to its premises, after the tech giant's access badges were withdrawn in February 2024 because the company failed to attend a series of hearings and factory visits in 2021 and 2023 related to workers' rights. Amazon said in a statement last month it was disappointed by the committee's decision. The company also wrote to the President of the Parliament, Roberta Metsola, setting up a meeting with Senior Vice President for Global Affairs & Legal, David Zapolsky, in Washington, to 'discuss broader policy issues of interest' to the Parliament. Metsola said the matter is in the hands of the EMPL committee, according to a Parliament source. Oliver Roethig, UNI Europa Regional Secretary, said in a statement to welcome the EMPL Committee's decision "to maintain the Amazon lobby ban and reject the company's attempt at evading public scrutiny in a closed-door meeting with Parliament President Roberta Metsola.' 'Now, we want to see to another, cross-committee hearing on the broader dimensions of Amazon's abuse – its labour, tax, environmental and anti-competitive practices – and a visit to Amazon warehouses during peak season," he added.
