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.

Nikhil Kamath, the co-founder of leading stockbroker Zerodha, has announced the launch of 'WTFund,' a non-dilutive grant agnostic fund aimed at nurturing young and promising entrepreneurs aged 25 and under. This initiative seeks to support individuals with innovative ideas and transformative visions, empowering them to revolutionize their respective industries.

Prime Minister Narendra Modi has reiterated India's stance on indigenous production, emphasizing the importance of local manufacturing in light of global investment interests, including those of Elon Musk's Tesla. In an interview with ANI, PM Modi underscored the need for investments to align with India's ethos and contribute to the nation's employment opportunities, particularly for its youth.