Commercial investment property for sale

New Delhi: Lenders to Aircel and UV Asset Reconstruction, which was to take over the defunct telco’s assets under the insolvency process, are planning to approach the Supreme Court after an appellate tribunal barred sale of its spectrum until government dues are cleared. Lenders, led by State Bank of India, and UVARCL fear that the resolution plans of troubled telcos Aircel and Reliance Communications will go kaput if the National Company Law Appellate Tribunal’s order is not set aside, three people aware with the development told ET. A three-judge bench of NCLAT on Wednesday upheld an appeal by the telecom department (DoT) against an insolvency court order approving the Aircel resolution plan, which included transfer of spectrum to UVARCL. Lenders were hoping to recover Rs 25,000-30,000 crore from Aircel and RCom resolution plans under the Insolvency and Bankruptcy Code (IBC) against their claims of over Rs 1,16,000 crore. “This is a big setback for us,” said a banker … [Read more...] about Aircel lenders to move SC as appellate tribunal bars spectrum sale

For his day job, Brian McCullough is the CEO of ResumeWriters.com and has founded several companies in the online careers space. He started the Internet History Podcast as a crowd-sourced history project in February of this year. You can subscribe to the podcast here . This Sunday, AMC is premiering a new original series called "Halt And Catch Fire." Set in the early 1980s, it tells the story of a band of cowboy entrepreneurs and engineers who join the PC Wars by cloning an IBM machine and taking on Big Blue for control of the nascent personal computer industry. AMC’s show is fictional, but it turns out, there is a true life story that is similar to this course of events, and it led to the creation of one of the greatest technology companies of all time, Compaq Computers. Rod Canion was one of the co-founders of Compaq back in the early 80s, and he was there for the real world PC wars. He’s written a book about the time period, Open: How Compaq Ended IBM’s PC Domination … [Read more...] about Behind ‘Halt and Catch Fire’: Compaq’s Rise to PC Domination

Few people have been working on self-driving cars longer than Chris Urmson. Urmson played a key role on Carnegie Mellon's team in all three of DARPA's famous Grand Challenges between 2004 and 2007. He then led Google's self-driving project for several years. Urmson left Google after being passed over to become the CEO of the spin-off company that became Waymo. “I’d been leading and building that team and, for all intents and purposes, general managing it for years,” Urmson told Bloomberg in a Thursday interview . “Of course I wanted to run the program.” Bloomberg asked Urmson about Tesla's Autopilot technology—and particularly Elon Musk's claim that Tesla vehicles will soon be capable of operating as driverless taxis. “It’s just not going to happen,” Urmson said. “It’s technically very impressive what they’ve done, but we were doing better in 2010.” That's a reference to Urmson's time at Google. Google started recruiting DARPA Grand Challenge veterans around 2009. Within a … [Read more...] about Google veteran pans Tesla Autopilot: “We were doing better in 2010”

Welcome to Edition 3.41 of the Rocket Report! As always there is plenty of news in the world of launch, and this week we have several stories about heavy lift vehicles. Perhaps most interesting, SpaceX has received approval from the Federal Aviation Administration to press ahead with construction of a large tower for its Starship Launch System. As always, we welcome reader submissions , and if you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar. Blue Origin completes final step before crew mission . On Wednesday morning, in West Texas, Blue Origin flew its New Shepard-15 mission on a suborbital flight to test its vehicle for passengers. Two people even climbed into the vehicle before the launch to test the ingress procedures, but they exited … [Read more...] about Rocket Report: SpaceX to build huge launch tower, Branson sells Virgin stock

Don’t let American companies sell semiconductor design software to Chinese firms, two members of Congress are asking the Department of Commerce. Sen. Tom Cotton (R- Ark.) and Rep. Michael McCaul (R-Tex.) yesterday requested that electronic design automation (EDA) tools be designated as “foundational technologies” by the Department of Commerce. The label would require companies to obtain export licenses if they want to sell EDA tools to Chinese companies. The congressmen also requested in their letter to Secretary of Commerce Gina Raimondo that any fab worldwide that uses American tools be prevented from selling 14 nm or better chips to Chinese companies. The current leading edge in semiconductors is the 5 nm node, and currently, only Samsung and Taiwanese semiconductor company TSMC are producing chips commercially at that node. Restricting Chinese companies to 16 nm or larger could possibly keep them four generations off the leading edge. Semiconductors are incredibly … [Read more...] about Congressmen ask Biden admin to keep chip design software away from China