Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 jobs and abandoning major expansion projects in Germany and Poland. The restructuring aims to address recent financial losses and refocus the company on AI chips while regaining market share. These hard decisions are deemed necessary to streamline operations and drive future growth.
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Jane Street has been permitted by SEBI to resume trading in Indian stock markets, although exchanges are yet to facilitate their trades. While SEBI monitors closely, Jane Street has committed to refrain from options trading and cash transactions until clarifying past trades.
Director Nitesh Tiwari has taken the internet by storm with the first glimpse of his upcoming movie ‘Ramayana’, starring Ranbir Kapoor, Yash and Sai Pallavi in the lead roles. Actor Vishnu Manchu has now revealed that he has been planning a mythological project based on the Ramayana for a very long time — but from the perspective of Ravana.
Delhi's vehicle count surpasses the combined total of Mumbai, Kolkata, and Chennai, exacerbating congestion due to daily influx from NCR cities. Private vehicles constitute a significant portion, with Delhi accounting for over half of those registered in the four mega cities. While banks provide vehicle loans, the region leads in adopting BS emission norms, with a substantial number of vehicles complying with BS-VI standards.
La La Anthony, Carmelo Anthony's ex-wife, recently celebrated her niece's birthday with a heartfelt Instagram tribute, showcasing their close family bond. This came shortly after La La shared stunning swimwear photos. Meanwhile, Carmelo Anthony voiced his concerns about loyalty in sports, referencing Damian Lillard's situation with the Milwaukee Bucks. The two NBA stars previously played together on the Portland Trailblazers.
Mehbooba Mufti has urged Rahul Gandhi to address the increasing marginalization of Muslims in India during the Parliament's monsoon session. She highlighted concerns over the targeting of Muslims under the pretext of identifying illegal immigrants and the alleged disenfranchisement efforts through electoral roll revisions in Bihar.
A disturbing video circulating online depicts the broad daylight murder of a couple in Balochistan, Pakistan, allegedly due to an "illicit" relationship. The footage shows the couple being led into a desert area by a group of men before being shot at close range, sparking widespread condemnation across the country.
As India gear up for the crucial fourth Test against England, the participation of ace pacer Jasprit Bumrah remains uncertain. Former coach Anil Kumble strongly advocates for Bumrah's inclusion, emphasizing the must-win nature of the match. Assistant coach Ryan ten Doeschate hints at leaning towards playing Bumrah, acknowledging the series is at stake.
Chief Election Commissioner Gyanesh Kumar defended the ongoing Special Summary Revision (SIR) of Bihar's electoral rolls amidst opposition criticism, questioning whether the EC should permit fraudulent votes. The EC reported 61.1 lakh electors in Bihar as 'not found,' including deceased, migrated, or duplicate voters. With 99% of electors covered and forms being digitized, the draft roll will be published on August 1 for review.
Former Indian cricketers, including Shikhar Dhawan and Yuvraj Singh, face backlash for participating in the World Championship of Legends alongside Pakistani players, despite heightened tensions following the Pahalgam attack. This decision has sparked criticism on social media, with users questioning the apparent contradiction between their public stance and participation in the private league.
India have had steady options in Rahul Dravid and Cheteshwar Pujara in the No. 3 spot over the years. That all-important role is in limbo during this transition period. In the three Tests in England, Sai Sudharsan and Karun Nair have held the roles but not made it their own - just yet.