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The rise of artificial intelligence (AI) has reshaped the tech landscape, leaving established brands like Intel struggling to adapt. Once a dominant force in microchips, Intel now faces stiff competition from Nvidia, which has capitalized on the AI boom. While Intel’s revenues grew marginally to $55.11 billion, Nvidia saw a staggering 126% increase, reaching $60.9 billion. The contrast in market capitalization is stark, with Nvidia valued at $3.61 trillion—35 times Intel's $104.4 billion. This shift mirrors historical trends where companies like IBM and Microsoft successfully reinvented themselves, unlike Intel, which has failed to embrace the transformative changes brought by AI. As the tech industry evolves, Intel's inability to innovate may lead it to join the ranks of defunct brands like Remington and Olivetti, underscoring the necessity for businesses to adapt or risk obsolescence in the fast-changing digital ecosystem. 
Published: Nov 21 2024, 2 pmeznews.inMaharashtra's recent election saw a voter turnout of 65.1%, marking the second highest since 1995 and the highest in a decade, surpassing the 63.4% recorded in 2004 and 2014. Despite the overall increase, urban areas, particularly Mumbai, lagged behind, with only 54% participation, up from 50.67% in 2019. Notably, Gadircholi and Nashik reported nearly 70% turnout, while suburban Mumbai struggled with just 39.34%. The election, which involved 288 seats, has led to predictions favoring the ruling Mahayuti alliance, comprising the BJP and factions of the Shiv Sena and NCP, with exit polls suggesting they could secure around 150 seats. Political leaders from both sides are optimistic about their chances ahead of the vote count on Saturday, with past alliances and internal conflicts shaping the current political landscape in Maharashtra.
Published: Nov 21 2024, 8 pmeznews.inA Raipur-based lawyer, Faizan Khan, was arrested on November 12 by Mumbai Police for issuing a death threat to Bollywood star Shah Rukh Khan, demanding Rs 50 lakh in extortion. Investigations revealed that Khan had extensively searched online for sensitive security information regarding Shah Rukh and his son Aryan Khan, who are protected under a Y-Plus security detail. This information came to light following a forensic analysis of Khan's second mobile phone, which the police recovered. On November 7, Khan made a threatening call to Bandra Police, stating, "If he doesn't pay up Rs 50 lakh, I will kill him," before disconnecting. The police quickly traced the call to Raipur and apprehended Khan, who remains in judicial custody until November 18. Despite the evidence, he has provided evasive answers regarding his motives for gathering the information.
Published: Nov 21 2024, 7 pmeznews.inAnil Katyal, a 69-year-old former Vodafone executive residing in Delhi's affluent Greater Kailash-1, was arrested for impersonating a retired IPS officer to meddle in a fraud investigation involving his friend, businessman Vinod Kapoor. Claiming to be a 1979 batch IPS officer from Manipur, Katyal misled junior police officials, leveraged his St Stephen's College connections, and extorted money from various government officers across Delhi and Gurugram. His downfall came when he attempted to pressure police on behalf of Kapoor, who faced fraud charges. Suspicion arose when police found no record of Katyal's supposed IPS credentials. Following his arrest, he faced multiple charges, including cheating and obstruction of justice, while maintaining a defiant stance, stating, "I have done enough in life." Authorities are now investigating his financial transactions to uncover the full extent of his fraudulent activities.
Published: Nov 21 2024, 6 pmeznews.inThe Aam Aadmi Party (AAP) is strategically seeking "strong candidates" from Congress ahead of the 2025 Delhi Assembly elections, aiming to hinder the revival of its political rival in the capital. Despite a temporary alliance for the national elections, AAP and Congress have struggled to collaborate for state polls, as seen in the recent Haryana election loss attributed to Congress's seat-sharing disputes. AAP leader Arvind Kejriwal, who recently resumed his role after bail in a liquor policy scandal, is personally overseeing the party's campaign, which kicked off with a list of 11 candidates, including several defectors from Congress and the BJP. Kejriwal is also reviewing the performance of the party's lawmakers, considering dropping incumbents to mitigate anti-incumbency sentiments. The AAP faces mounting criticism from both Congress and the BJP over issues like air quality and infrastructure, as it prepares for a challenging electoral battle.
Published: Nov 21 2024, 6 pmeznews.inIn Telangana's Narayanpet district, 30 students who were hospitalized after experiencing food poisoning from their school’s mid-day meal were reportedly served upma infested with worms at the government hospital. This shocking incident occurred a day after the students exhibited symptoms such as stomach aches and vomiting, prompting their referral from Makthal government hospital to Narayanpet. Hospital authorities disputed the claims, asserting that the dish served was pongal, not upma. Chief Minister A Revanth Reddy has ordered an investigation into the food poisoning case and warned district officials against future negligence. Local opposition leaders criticized the state government for the poor quality of food served to students. Reddy has also called for strict action against those responsible and emphasized the government's commitment to ensuring nutritious meals for students while monitoring their health closely.
Published: Nov 21 2024, 5 pmeznews.inA political clash has erupted in India following allegations from the US Department of Justice against the Adani Group, which the conglomerate has dismissed as baseless. Congress leader Rahul Gandhi accused the Narendra Modi government of collusion with Adani, while BJP leaders countered that the allegations involve four opposition-ruled states and questioned Congress's integrity. The Adani Group stated it would consider legal action, emphasizing its commitment to governance and transparency. BJP's Amit Malviya highlighted that the US documents merely present allegations, asserting that the charges stem from a collaboration between Adani and US firm Azure Power to supply power to Indian state distribution companies. He criticized Congress for its past governance in the implicated states and suggested that the timing of the allegations raises suspicions. As the Winter session of Parliament approaches, the opposition plans to address the issue, asserting a united front against the government.
Published: Nov 21 2024, 4 pmeznews.inThe Rajasthan government is taking urgent measures to protect Bikaner House, a heritage property in Delhi, following a court's attachment order in favor of Enviro Infra Engineers Pvt Ltd, which sought recovery of Rs 50 crore. Built in 1929 by the Bikaner royals, Bikaner House features a spacious ballroom currently serving as an art gallery and is home to popular restaurants. The state government has appointed Additional Advocate General Shiv Mangal Sharma to secure a stay on the order, citing previous negligence in addressing the matter. The court's decision stemmed from the debtor's failure to provide an affidavit of assets despite multiple reminders. Acknowledging the property's cultural significance, the Rajasthan government has pledged to take immediate corrective actions and may escalate the case to higher courts to safeguard this important public asset.
Published: Nov 21 2024, 3 pmeznews.inNEW DELHI: The Aam Aadmi Party (AAP) has announced 11 candidates for the upcoming Delhi Assembly elections, expected early next year. Notable candidates include Brahma Singh Tanwar from Chhatarpur and Anil Jha from Kiradi, both former BJP legislators who recently joined AAP. Other candidates are Deepak Singhla for Vishwas Nagar, Sarita Singh for Rohtas Nagar, BB Tyagi for Laxmi Nagar, and Ram Singh Netaji for Badarpur. Zubair Chaudhary, son of a former Congress MLA, will contest in Seelampur, while Veer Singh Dhingan, a three-time MLA from Seemapuri, also joins AAP from Congress. Gaurav Sharma and Manoj Tyagi complete the list from Ghonda and Karawal Nagar, respectively, with Somesh Shaukeen representing Matiala. The list includes six former members of rival parties, and AAP has denied candidacies to three sitting MLAs, leaving their future in the party uncertain.
Published: Nov 21 2024, 2 pmeznews.inThe Adani Group has firmly rejected allegations made by the US Department of Justice and the US Securities and Exchange Commission, asserting that the claims against its directors are "baseless and denied." In a statement, the group emphasized its commitment to high standards of governance and transparency, stating that the allegations should be viewed as mere accusations, as the defendants are presumed innocent until proven guilty. The Adani Group plans to explore legal options in response to the allegations. Meanwhile, BJP leaders have criticized the US actions, with Amit Malviya calling it an abuse of jurisdiction and suggesting that Indian courts could similarly accuse American firms of misconduct. Sambit Patra added that the company will defend itself against the allegations, maintaining that due legal processes should be respected. The Adani Group reassured stakeholders of its compliance with all laws across its operations.
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