In a significant development for the Indian stock market, online food delivery giant Zomato will be included in the prestigious BSE Sensex, replacing JSW Steel from December 23, 2024. This reconstitution of the Sensex, which is announced by Asia Index Private Ltd, a subsidiary of the Bombay Stock Exchange (BSE), will take effect on the specified date.

Billionaire tech mogul Elon Musk, known for his ambitious ventures ranging from electric vehicles to space exploration, has responded to TIME magazine’s December edition, which featured a headline asking, “What’s next on his to-do list?” The magazine’s cover photo of Musk displayed a checklist of major accomplishments and future aspirations, including goals like “Become richest man,” “Buy Twitter,” “Launch rocket,” “Fly to Mars,” and “Implant human brain chip.” However, the list also included unchecked items like “Slash $2 trillion” and “Fly to Mars.”

Ola Electric, the electric vehicle (EV) company led by Bhavish Aggarwal, has announced plans to lay off at least 500 employees as part of a significant restructuring initiative aimed at improving operational efficiency and addressing mounting losses. The company, which has faced controversies, including a government probe and consumer complaints, is making the move to cut redundancies and streamline its workforce in an effort to drive profitability.