Get All Access for $5/mo

Baba Ramdev has a New Move and Jeff Bezos Aims for the Moon. 4 Things to Know Today Stay tuned to get every day updates in 60 seconds.

By Aashika Jain

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

1. There's a new product in the Patanjali cart! Baba Ramdev's Patanjali has ventured into the telecom sector. In a partnership with BSNL, Patanjali has launched Swadeshi SIM cards. And as the tariff plan is set to hit new lows, what needs to be seen is will Baba Ramdev's plan beat that of Jio's.

2. It seems the Kingfisher is finally caught in the night. Reports suggest that the State Bank of India is set to initiate bankruptcy proceedings against Vijay Mallya in UK court. Mallya reportedly owes SBI Rs 1,600 crore.

3. Prime Minister Narendra Modi during an interaction with the beneficiaries of the MUDRA Yojana scheme said that in the past three years Rs 6 lakh crore was loaned to 12 crore beneficiaries – out of which 75 per cent were youngsters and women. PM Modi also said that MUDRA scheme helped entrepreneurs get rid of moneylenders and middlemen.

4. While Elon Musk continues on his Mars Mission, Amazon founder Jeff Bezos has a new plan. Bezos now wants to build a permanent settlement on the Moon. He said that humans should leave Earth and make the Moon an industrial base.

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

Aashika Jain

Entrepreneur Staff

Former Associate Editor, Entrepreneur India

Journalist in the making since 2006! My fastest fingers have worked for India's business news channel CNBC-TV18, global news wire Thomson Reuters, the digital arm of India’s biggest newspaper The Economic Times and Entrepreneur India as the Digital Head. 
News and Trends

Ixigo Parent Le Travenues Announces IPO Opening Date and Details

With holdings of 23.37 percent and 15.66 percent, respectively, SAIF Partners and Peak XV are the company's largest shareholders.

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.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

News and Trends

The Practical Teacher: Acharya Prashant

IIT Delhi, Tata Institute of Social Sciences, Symbiosis, Institute of Management Technology - these were some of the places where he was engaging with the students. Traveling to several institutes in different cities, and teaching a new concept was hectic and challenging

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.