Cisco Systems is embracing AI to boost engineer productivity and gain a competitive edge, contrasting with peers using AI for job cuts. CEO Chuck Robbins emphasizes innovation over workforce reduction. Cisco's AI infrastructure focus drives strong earnings, exceeding expectations with significant orders from major tech companies, despite a slight stock dip due to security segment weakness.
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Microsoft is undergoing a significant shift, transitioning from a software manufacturer to an "intelligence engine," according to CEO Satya Nadella. This transformation aims to democratize AI, empowering global users to create their own intelligent tools. Microsoft will focus on building AI systems that enable individuals and organizations to develop customized solutions, redesigning its technology stack to support this new vision.
Mohit Suri's 'Saiyaara,' starring Ahaan Panday and Aneet Padda, has become a surprise romantic blockbuster, earning over Rs 300 crore in India. While its collections are now slowing down after a stellar run, the film has crossed Rs 500 crore worldwide and is the second highest-grossing Bollywood film in North America this year. 'Saiyaara' faces competition from 'War 2' soon.
Robert Vadra, facing an Enforcement Directorate probe into land deals, has attributed key financial decisions to deceased associates, including Rajesh Khurana and H.L. Pahwa. This strategy mirrors responses from Sonia and Rahul Gandhi in the National Herald case, where they cited the late Motilal Vora's knowledge. The ED alleges Vadra was evasive and suppressed information regarding transactions.
A meat ban on Independence Day in Kalyan-Dombivli sparks protests. Deputy CM Ajit Pawar disagrees with the ban. Other cities like Nagpur and Malegaon also impose similar bans. The order aligns with a state directive. Opposition leaders and citizens criticize the ban. Aditya Thackeray demands suspension of the KDMC commissioner. Protests are planned if the order is not withdrawn.
Mohammad Kaif has unveiled his predicted India squad for the Asia Cup 2025, sparking debate by including Shubman Gill in the 15-member team but excluding him from the playing XI. Kaif's surprising choices feature Sanju Samson and Abhishek Sharma as openers, with Suryakumar Yadav leading the side and Axar Patel as vice-captain.
Amidst allegations of electoral roll errors and "vote theft," the Election Commission has urged political parties to address concerns during designated periods. The EC refuted claims of collusion and manipulation, emphasizing the importance of timely scrutiny and correction of voter lists. Rahul Gandhi has launched a "Vote Adhikar Yatra" in Bihar, protesting alleged irregularities in the electoral roll revision.
Former India cricketer Kris Srikkanth has ignited IPL discussions by suggesting Rajasthan Royals skipper Sanju Samson as a potential successor to MS Dhoni in Chennai Super Kings, highlighting Samson's popularity in Tamil Nadu. While acknowledging Ruturaj Gaikwad as a captaincy option, Srikkanth emphasised Samson's skills and brand value for CSK.
The Income-Tax Bill, 2025, initially introduced in February, has been withdrawn by the government to prevent confusion. A revised version, incorporating recommendations from the Select Committee led by BJP MP Baijayant Panda, is set to be presented in the Lok Sabha on August 11.
International analysts corroborate Air Chief Marshal Amar Preet Singh's claims regarding Operation Sindoor, confirming the IAF's downing of multiple Pakistani jets, including a Saab 2000 early warning aircraft. Expert Tom Cooper highlights the S-400 missile system's successful strike at 300 km, a potential world record.
Stock market recommendations: Amidst a six-week losing streak for Nifty, marked by bearish sentiment and geopolitical pressures, SBI Securities suggests caution. While Nifty faces resistance around 24,600, Bank Nifty's key support lies at 54,850. Sudeep Shah recommends accumulating Kajaria Ceramics and Affle 3i Ltd, citing positive technical indicators and potential for near-term gains.