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Delhi Gymkhana Club gets eviction notice from govt

The Centre sent an eviction notice to Delhi Gymkhana Club on Monday, and reportedly said the club’s occupation of the property on Safdarjung Road, after the expiry of its lease on May 22, was “unauthorised”. The Indian Express reported that the notice, under the Public Premises (Eviction of Unauthorised Occupant) Act, 1971, asked for the club’s representative to appear before the Land and Development Office for a hearing on July 7. It added that the premises in question “constitute valuable public premises vested in the Union of India and the Government is under an obligation to regulate, protect and utilize such public property in accordance with public interest and public purpose”. For about a decade, Livemint—News Desk has been a credible source for authentic and timely news, and well-researched analysis on national news, business, personal finance, corporates, politics and geopolitics. We bring the latest updates on all the listed companies on BSE and NSE, startups, mutual funds, Union ministries, geopolitics, and untapped human interest stories from around the world, helping our readers to stay informed on the latest developments around the globe. Our Coverage Areas 1. Companies: Comprehensive news and analysis on listed and unlisted companies, corporate announcements, corporate chatter, C-suite, business trends, hiring alerts, layoffs, work-life balance, world's top billionaires and richest and more. 2. National News: From metro cities like Delhi, Mumbai, and e to untapped stories from rural India, we cover human interest, health, education, crime and courts, and law and order, among other areas of public interest. 5. Economy: In-depth analysis of India's macro and micro-economic indicators like- GDP, inflation, forex, fiscal deficit, current account deficit, interest rate cycle, economic recovery, RBI circulars, indirect taxes, GST, Insolvency and Bankruptcy imports, exports and everything that impacts Indian economy. 6. Riya R Alex, Trainee Content Producer Stay updated with the latest Trending , India , World and US news.

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Pakistan says it intercepted four drones fired from Afghanistan

Afghanistan’s Taliban says they have launched air strikes on Pakistani territory, as Islamabad said its forces had intercepted four rudimentary drones in the southern province of Balochistan. The latest escalation in the months of conflict between the neighbours came after the Taliban government vowed a response to deadly Pakistani air attacks on eastern Afghanistan earlier in the week. Pakistan’s military said on Wednesday that Afghan Taliban forces had “launched four rudimentary drones across the border in Balochistan … the hostile aerial platforms were immediately picked up by Pakistan’s robust air defence network”. “If the Afghan Taliban continue to provoke Pakistan, they would receive a befitting response which would cost them heavily,” it added. The Afghan defence ministry posted on X that it had carried out “air strikes” in Balochistan and northwest Khyber Pakhtunkhwa province that it said caused casualties among members of an ISIL (ISIS) affiliate. The Taliban’s military does not have fighter jets and lacks a fully functional air force, but it has used small drones in fighting with Pakistan, targeting areas primarily in the border regions. Pakistan-Afghanistan relations have been fraught since 2021, when the Taliban took power in Kabul. Hundreds of people have been killed in cross-border fighting since February, when Afghanistan launched retaliatory strikes after Pakistan carried out air attacks inside Afghan territory. After a deadly weekend attack in Karachi, Pakistan carried out attacks in eastern Afghanistan that killed dozens of people. Islamabad said it targeted fighters, but the Afghan government said there were at least 36 civilian casualties. The months of conflict centre around Islamabad’s accusations that the Taliban government shelters armed groups behind attacks in Pakistan, particularly the Pakistan Taliban (known by the acronym TTP), which has waged a violent campaign against Pakistan for years.

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

Nvidia may be worth $4.8 trillion, but its employees still have to pay up at the company cafeteria. The chipmaker fueling the AI boom, led by CEO Jensen Huang, is the most valuable company in the world by market cap, towering above other tech giants like Google, Apple , and Amazon . But that doesn’t mean the company is giving away lunch for free. Gergely Orosz, a software engineer and author of the The Pragmatic Engineer newsletter, highlighted the issue of Nvidia’s food policies in a thread on X after a recent visit to the company’s Santa Clara, Calif. headquarters. “Snacks and coffee are not free: You have to pay for them. This would be unusual at Big Tech, but no big deal for devs here,” Orosz wrote in a post. Former employees who spoke to Business Insider clarified the company’s cafeteria meals are subsidized, not free. While coffee is generally free, employees must pay for some bottled drinks and drinks from on-site cafés. Nvidia’s food policy stands apart from other tech companies of its size. She said its stocked “micro-kitchens” filled with treats and snacks are located throughout the office to help connect employees from different departments who wouldn’t otherwise speak regularly. “Serendipity is really valuable and so having people come for meals is one way you get people from all around the company working on different things all of a sudden comparing ideas,” Porat said during an interview published last week. He has previously said he is fueled to work so hard by the fear Nvidia could go out of business, even after it has become the most valuable company on the planet. “You know the phrase ‘30 days from going out of business,’ I’ve used for 33 years,” Huang said in an interview with podcast host Joe Rogan last year. “But the feeling doesn’t change.

Creatives sound alarm on copyright as Pocock calls $50bn datacentre proposal ‘ultimate dirty deal’

Proposal has been put to cabinet to allow AI companies to mine content, in exchange for investment and $350m fund to compensate artists, sources say Creatives are demanding fresh assurances from the Albanese government that it won’t water down copyright laws under a potential deal with tech giants to attract more than $50bn worth of datacentre investment in exchange for a $350m-a-year fund for artists. Guardian Australia has been told an industry proposal has been presented to cabinet that would grant AI companies special exemptions to mine creative content. In exchange, the companies would bankroll the artists’ fund and commit more than $50bn worth of investment in datacentres. The independent senator David Pocock said the proposal was the “ultimate dirty deal” as he demanded the government categorically rule it out. The government insisted it had no plans to weaken copyright protections. The potential adoption of a text and data mining exemption would represent a major reversal from the federal government, which last year ruled it out after criticism from artists, authors and media groups. Amid fears the government could capitulate to big tech, a delegation of creatives staged a press conference in parliament house on Wednesday to urge the government to hold the line. “The idea that copyright law should be watered down or chiselled away at to provide a freebie or a handout to gigantic multinational, multi-billion dollar companies to train their AI models makes absolutely no sense to me,” said Paul Dempsey, the lead of singer of Something for Kate. The author Anna Funder described herself as a “victim of crime”, citing the ease with which big technology had made money from her books. “My books that I’ve lived off for 30 years, have all been hoovered up in many editions, in many countries, in many languages by big tech, broken down for parts and used for them to make money,” she said. Pocock last week revealed he had been provided with information showing Anthony Albanese was preparing to announce a plan on or about 15 July, which may offer expedited approvals and investment for new datacentres. Albanese confirmed last week he would deliver a major speech in July about the government’s approach on AI.

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Delhi Gymkhana Club gets eviction notice from govt

Pakistan says it intercepted four drones fired from Afghanistan

Days after Meta Layoffs, Zuckerberg says companies should empower workers, not replace them

TikTok Eyes About 300 More Job Cuts at European Hub in Dublin

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

Professor Fired for Criticizing Charlie Kirk Wins $1.9 Million Settlement

Creatives sound alarm on copyright as Pocock calls $50bn datacentre proposal ‘ultimate dirty deal’

Microsoft may lay off over 5,000 employees next week, big job cuts at Xbox expected

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