Sensex, Nifty Open Flat as US-Iran Tensions Push Crude Oil Higher

India Tightens ISRO Exit Rules After 100 Scientists Quit or Take Early Retirement

The Indian government has tightened exit rules for ISRO's senior scientific and technical staff following a notable wave of departures. An official directive acknowledged a surge in voluntary retirement and resignation requests from Group A Scientific and Technical personnel at the space agency. Around 100 scientists have either quit or opted for early retirement, raising concerns about talent retention at ISRO. The new rules appear aimed at curbing further attrition within the organization's critical workforce.

Navy to host multinational maritime exercise in Kochi from July 20

Kerala Cooperative Society Hit by Suspected Multi-Crore Misappropriation of Deposits

A cooperative society in Kerala is facing allegations of financial misappropriation involving depositors' money, with initial estimates pointing to at least Rs 1 crore. Investigators suspect the total fraud could run into several crores as the full scale of the case is yet to be determined. Only a small number of victims have come forward to file complaints with the police so far. The development comes five years after a major bank scam previously shook the state's cooperative financial sector.

Microsoft coaches sales teams to pitch its AI platform over OpenAI and Anthropic

Microsoft is directing its sales teams to promote its own AI platform as a superior alternative to offerings from OpenAI and Anthropic. The company contends that rival products are more limited in scope compared to its broader suite of tools. Microsoft executives argue their platform delivers lower costs, stronger security, and greater flexibility for building and deploying AI applications. CEO Satya Nadella has identified AI cost management as a growing priority for enterprise customers. The move signals Microsoft's intent to compete more aggressively in the enterprise AI market, even against its own investment partner OpenAI.