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Budget 2022: ₹2,600 cr allocated for non-residential buildings in Central Vista this year

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Budget 2022: ₹2,600 cr allocated for non-residential buildings in Central Vista this year

More than Rs 2,600 crore has been allocated in the federal budget to the Ministry of Housing and Urban Affairs for the construction of non-residential office buildings under the Central Vista project, including Parliament and the Supreme Court.

The amount allocated this year is Rs 767.56 crore, which is more than Rs 1,833.43 crore in the previous fiscal. In addition, the ministry has secured Rs 873.02 crore for residential use.

Delhi’s Central Vista redevelopment project aims to transform the country’s power corridors and create new structures for the country’s most important buildings.

The Central Vista project envisages a new triangular parliament building, a common central secretariat, a refurbished 3km Rajpath boulevard extending from Rashtrapati Bhavan to the Gateway of India, a new prime minister’s residence and offices, and a new deputy Presidential enclave. Lutyens High Security Zone in Delhi.

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Notably, six construction firms including Tata Projects Limited, L&T Limited and Shapoorji Pallonji and Company Limited are racing to win the contract for the Executive Enclave on the south side of the South Block, which will house the new PMO, Cabinet Secretariat, House of India and National Security Council Secretariat.

The first three buildings of the Common Central Secretariat were built by Larsen & Tourbo last year. A Jharkhand-based infrastructure company, Kamladityya Construction Pvt Ltd, was awarded the contract to build the Vice-Presidential enclave.

Meanwhile, Tatas is building a new parliament building and Shapoorji Group has been awarded a contract for redevelopment work on Central Vista Avenue, which stretches from Rashtrapati Bhavan to India Gate.

Complete News Source : Hindustan Times

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OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT

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OpenAI buys new domain chat.com for over  million, it redirects to ChatGPT

The previous owner of the domain turned out to be Dharmesh Shah, founder and CTO of software company HubSpot

OpenAI has bought the domain chat.com. Clicking on it automatically routes you to the ChatGPT website.

The AI giant’s CEO Sam Altman announced this on Thursday, November 7, 2024, by simply posting the URL on X (Formerly Twitter) without any description or reasoning.

Altman’s post has already gotten over 3 million views and nearly 15k likes. The domain purchase is likely part of a rebranding effort.

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The domain’s previous owner turned out to be Dharmesh Shah, founder and CTO of software company HubSpot. Shah announced this in posts on X and LinkedIn.

Also Read: Elon Musk’s net worth surges by $26.5 billion after Donald Trump wins US election; Bezos, Ellison, Buffett follow suit

In his post, he detailed how he had purchased the domain for $15.5 million earlier this year and sold it later to an undisclosed (at that time) buyer.

“Well, in an 8 character tweet (talk about brevity), Sam Altman, the CEO of OpenAI revealed that they were the buyer,” he wrote. ”If you visit the website now, it goes to ChatGPT.” Shah wrote he was not at liberty at that time to share who the acquirer was as he was “going to leave that to them, when they were ready.”

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He then went on to share GPT o1 prompt which reasoned the entire episode. “When he does sell a domain, it’s almost never at a loss,” and “Dharmesh doesn’t like profiting off of people he considers friends,” the prompt read, which could mean he did sell it for more than the $15.5 million he bought it for, since it also says he doesn’t like referring to himself in the third person.

However, its also indicated he got compensated in OpenAI shares since the prompt reads that he “always wanted to own OpenAI shares,” that “he doesn’t need the cash from a domain sale,” and that “he made a non-humble brag earlier this year that he’s now an investor in OpenAI.”

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