US AI boom faces threat from cheaper Chinese models: Jefferies' Christopher Wood

IANS | July 28, 2026 4:12 PM

New Delhi, July 28 (IANS) Cheaper artificial intelligence (AI) models from China could trigger massive capital destruction in the US stock market as investors begin to question the returns on the massive AI investments made by American technology giants, Jefferies' Global Head of Equity Strategy Christopher Wood has warned.

CWG 2026: IOA prez PT Usha hails Kushare, Sharmila, Shilpa on medal wins

IANS | July 28, 2026 3:48 PM

Glasgow, July 28 (IANS) Indian Olympic Association (IOA) President PT Usha lauded India's athletes after a memorable day at the Commonwealth Games, congratulating high jumper Sarvesh Kushare and para-shot putters Sharmila and Shilpa Shyla for their medal-winning performances that added to the country's growing tally in Glasgow.

Ambuja Cements starts FY27 on strong operational note, eyes 119 MTPA capacity

IANS | July 28, 2026 3:44 PM

Ahmedabad, July 28 (IANS) Adani Group-backed Ambuja Cements Ltd on Tuesday reported a strong operational performance for the first quarter of FY27, driven by higher trade sales, premiumisation and cost optimisation, while reaffirming its plan to expand cement manufacturing capacity to 119 million tonnes per annum (MTPA) by the end of the fiscal.