Indian-origin woman sells home for 2 pounds

January 31, 2017

London, Jan 31: A 43-year-old Indian-origin teacher in the UK has sold her home, which has a market value of 250,000 pounds, for a token of mere 2 pounds to ensure that she cannot be evicted from the property.

rekha

Rekha Patel has been locked in a feud with her neighbour over some building work dating back six years on the home. She spent 200,000 pounds buying the dilapidated two-bedroom cottage in 2010 in Simmondley village in Glossop and turning it into her dream home.

A court order had directed that the home be sold to recover legal fees and costs of around 76,000 pounds.

"I realised I will have more rights as a tenant than the owner so I decided to sever all legal ties with the house in order to live in peace in my own home," she said.

She sold the home, built in the early 18th century, to two private companies recently and has signed a 10-year tenancy agreement with them to carry on living in the property for a monthly rent of 50 pounds.

"I had tried everything possible and had no other choice. There are proper agreements in place with the two private companies and these are people I trust. The people of this village have been absolutely lovely. Many have taken days off work to come out and support me," she said.

Patel, who was born in the UK to an Indian family from Navsari in Gujarat, got embroiled in a dispute with her next door neighbour over some roof stones that got damaged during renovation work on the two-bedroom house, which has a market value of 250,000 pounds.

The dispute landed in court, which ordered Patel to pay damages and legal costs to her neighbour. While she paid part of the amount, Patel disputes the remaining bill imposed on her.

She was evicted from her home in June last year over non-payment but re-entered a month later and has since been fighting against a court order for her home to be sold. She applied for the legal bill to be quashed by Manchester County Court last week.

"I feel the justice system needs to be fairer and accessible to everyone. I want to now put this entire matter behind me and move on. I want to travel to India and try and work on a book that would help educate others who get caught in a similar situation of being scared out of their own homes," said the maths teacher, who works at Glossopdale Community College in Glossop.

"Forgiveness is the way forward. It is between her and her conscience, she knows what she did was not right," she said, in reference to her neighbour.

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Agencies
June 28,2020

The US space agency has thrown open a challenge to win over Rs 26 lakh, calling the global community to send novel design concepts for compact toilets that can operate in both microgravity and lunar gravity.

NASA is preparing for return to the Moon and innumerable activities to equip, shelter, and otherwise support future astronauts are underway.

The astronauts will be eating and drinking, and subsequently urinating and defecating in microgravity and lunar gravity.

NASA said that while astronauts are in the cabin and out of their spacesuits, they will need a toilet that has all the same capabilities as ones here on Earth.

The public designs for space toilet may be adapted for use in the Artemis lunar landers that take humans back to the Moon.

"Although space toilets already exist and are in use (at the International Space Station, for example), they are designed for microgravity only," the US space agency said in a statement.

NASA's Human Landing System Programme is looking for a next-generation device that is smaller, more efficient, and capable of working in both microgravity and lunar gravity.

The new NASA challenge includes a Technical category and Junior category and the last date to send designs is August 17.

NASA's Artemis Moon mission will land the first woman and next man on the lunar surface by 2024.

The Artemis programme is part of America's broader Moon to Mars exploration approach, in which astronauts will explore the Moon and experience gained there to enable humanity's next giant leap, sending humans to Mars.

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Agencies
July 19,2020

New Delhi, Jul 19: Three of the 10 most valued companies added a total of Rs 98,622.89 crore to their market valuation last week, led by stellar gains in IT major Infosys.

Seven companies from the coveted list witnessed a decline in their market valuation last week, but their cumulative loss of Rs 37,701.1 crore was less than the total gain made by three firms -- Reliance Industries Limited, Hindustan Unilever Limited and Infosys.

The market capitalisation of Infosys zoomed Rs 52,046.87 crore to Rs 3,85,027.58 crore. Shares of Infosys had rallied over 9 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit.

Hindustan Unilever Limited added Rs 25,751.07 crore in its market valuation which stood at Rs 5,48,232.26 crore at close on Friday. Reliance Industries' m-cap jumped Rs 20,824.95 crore to Rs 12,11,682.08 crore.

In contrast, HDFC's valuation plunged Rs 13,920.21 crore to Rs 3,13,269.70 crore and that of Tata Consultancy Services (TCS) declined Rs 7,617.34 crore to Rs 8,26,031.21 crore.

The valuation of ICICI Bank tumbled Rs 4,205.71 crore to Rs 2,29,156.24 crore and that of Kotak Mahindra Bank by Rs 4,175.28 crore to Rs 2,62,864.37 crore.

Bharti Airtel's m-cap dipped Rs 4,009.83 crore to Rs 3,09,521.05 crore and HDFC Bank's by Rs 3,403.97 crore to Rs 6,03,463.97 crore.

The valuation of ITC declined by Rs 368.76 crore to Rs 2,38,469.29 crore.

In the ranking of top-10 firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

During the last week, the 30-share BSE index advanced 425.81 points or 1.16 per cent.

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Agencies
July 9,2020

Twitter has hinted that it is planning a paid subscription platform that can be reused by other teams in the future.

The news that the micro-blogging platform is building a subscription platform with a team codenamed "Gryphon" resulted in Twitter stock rising over 8% on Wednesday.

Twitter revealed its plan via a job listing that seeks a full-stack senior software engineer in New York to join "Gryphon".

Interestingly, Twitter "edited" the job listing once the news broke, removing the part about "Gryphon" and any mention of their internal team or their subscription feature. The listing said the company is looking for an Android engineer to "work on a bevy of backend engineering teams to build components that allow for experimentation to deliver the best experience possible to all of our users".

Later, Twitter users noticed that the company restored the earlier job listing that mentioned the upcoming subscription platform and "Gryphon".

A spokesperson for Twitter told CNN on Wednesday that it's only a job posting, not a product announcement.

This is not the first time Twitter has thought of a paid product. 

In 2017, it sent out a survey to users and a preview of what a premium offering of its TweetDeck app might look like, including breaking news alerts and more analytics, according to The Verge.

"We're conducting this survey to assess the interest in a new, more enhanced version of Tweetdeck. We regularly conduct user research to gather feedback about people's Twitter experience and to better inform our product investment decisions, and we're exploring several ways to make TweetDeck even more valuable for professionals," a Twitter spokesperson had said at that time.

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