Ending Soon! Save 33% on All Access

Jack Ma to Take Early Retirement & Tesla's Shares Fall 6%: 4 Things to Know Today Stay tuned to get every day updates in 60 seconds.

By Komal Nathani

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Alibaba's executive chairman Jack Ma is set to step down. English Teacher turned Tech founder, Ma is reportedly planning to take an early retirement to focus on philanthropy in education.

2. Elon Musk is losing control. After calling Thai cave diver child rapist in an angry email, the Tesla CEO again made headlines this week for smoking weed during a live podcast. Following the act, Tesla's shares crashed 6 per cent.

3. Apple products' price is about to hit a new high. The tech giant admitted that US proposed tariffs on China will increase their production cost greatly, ultimately raising the prices.

4. Uber has big plans for Japan. In a bit to establish itself as an independent cab aggregator in the country, Uber would be soon launching a taxi-hailing app for taxis operating in Nagoya.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Komal Nathani

Former Correspondent, Entrepreneur Asia Pacific

A firm believer of hard work and patience. Love to cover stories that hold a potential to change the momentum of business world. Currently, a part of all-women web team of Entrepreneur’s Asia Pacific edition to jig the wheel of business journalism!

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

News and Trends

GenAI Could Help Indians Save 51 million Hours a Week On Routine Tasks: Report

By 2026, GenAI will be saving a big number of 4,387,000 hours per week on the time spent on promoting products, services, or programs

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Soleos Solar Energy Secures INR 48.5 Cr Funding

This funding infusion will help the company in generating its working capital, global renewable energy portfolio development and establishing manufacturing facilities across the globe.

Business News

Here Are the Books on Bill Gates' Summer Reading List

The four books recommended by the Microsoft founder all "touch on the idea of service."