The Adani family has made a significant investment in Ambuja Cements, injecting ₹8,339 crore into the company and increasing their stake to 70.3%. This move marks a substantial commitment to the cement sector by one of India's leading business conglomerates.

China's economy, the world's second-largest, has defied expectations by growing at a robust pace of 5.3% in the first quarter of 2024. This growth comes amidst ongoing challenges such as a slowdown in demand and a property crisis in the country, showcasing the resilience of China's economic policies and the adaptability of its markets.

Tesla, led by tech mogul Elon Musk, is reportedly gearing up to lay off over 10% of its worldwide workforce, a move that could affect more than 14,000 employees. The decision, aimed at streamlining operations and reducing duplication of roles, comes amidst a period of rapid growth for the electric vehicle maker.