Mukesh Ambani, India's wealthiest individual, heads Reliance Industries and Jio, the country's largest telecom provider. His JioCinema secured IPL streaming rights for five years, offering it for free with ads. Now, JioCinema plans to introduce an ad-free subscription on April 25, teasing it during IPL matches. Current subscriptions cost Rs 999 annually or Rs 99 monthly. Despite free IPL streaming, revenue comes from ads and data usage. JioCinema's lower ad rates attract more advertisers. With Jio being the top telecom operator, Ambani benefits from increased data usage during IPL. Reliance Jio also introduced special IPL plans for seamless streaming.

Tata Electronics, in collaboration with PSMC, ventures into advanced chip production with plans to manufacture 14nm technology at their Gujarat plant. The Rs 91,000-crore semiconductor facility aims to produce energy-efficient, powerful chips for various applications. With orders up to capacity level for 28-90nm chips, scaling up to 14nm opens new opportunities. The Dholera fab, expected to commence operations by 2026, targets industries like computing, electric vehicles, and defense. Additionally, Tata Group invests Rs 27,000 crore in an ATMP project in Assam, contributing to job creation and advancing India's semiconductor ecosystem.

Indigo's air taxi service, set to launch in 2026, promises swift travel between Delhi's Connaught Place and Gurgaon in just 7 minutes. With an investment of $1 billion, Archer Aviation will supply 200 electric aircraft for the venture. Powered by quick-charging batteries, these taxis aim to ease traffic congestion and reduce travel time drastically. Costing between Rs 2,000 to Rs 3,000 per trip, they offer a convenient alternative to the 90-minute road journey, priced at Rs 1500. With plans to expand to Mumbai and Bengaluru, this initiative signals a leap forward in urban mobility.

Rohan Patel, Tesla's VP of public policy and business development, exits days before Elon Musk postpones India visit, citing "very heavy Tesla obligations." Musk's trip aimed to expand Tesla's market in India with a potential $2-3 billion investment for a manufacturing plant, aligning with PM Modi's Made in India initiative. Patel's departure raises questions about Tesla's India strategy. Amidst reports of shelving affordable EV plans and tumbling shares, Tesla faces challenges in a competitive market. Musk awaits regulatory approvals for Starlink project in India, as uncertainty looms over Tesla's future endeavors.

Tesla CEO Elon Musk postpones his India trip, where he was set to meet Prime Minister Narendra Modi and startup founders, citing "very heavy Tesla obligations." The visit, anticipated to unveil Tesla's entry plans into India, is postponed to later this year. This decision follows Tesla shareholders' reaffirmation of Musk's $56 billion compensation, previously rejected by a Delaware judge. Musk's delay comes amid India's consultations with auto industry players, including Tesla, to operationalize new Electric Vehicle (EV) policy guidelines. The policy aims to attract investment in EV manufacturing, facilitating Tesla's entry into India's burgeoning automotive market.

The much-anticipated Bitcoin software update, known as the "halving," has been completed. This event, occurring once every four years, has cut in half the mining reward for Bitcoin miners. This reward is the amount of Bitcoin released for validating transactions. The modification took effect at 8:10 p.m. New York time on Friday. Despite this significant change, the price of Bitcoin remained relatively stable, hovering around the $64,000 mark. This development could impact companies reliant on ensuring the smooth operation and security of the digital currency.

Tesla CEO Elon Musk is poised to announce a $2-3 billion investment in India, primarily for a new factory. Scheduled to meet Prime Minister Narendra Modi, Musk's visit coincides with Tesla's global challenges. India's growing electric vehicle market and recent policy changes make it an opportune time for Tesla's entry. Musk's itinerary remains undisclosed, but he is expected to reveal investment details during the visit. Tesla's interest in India has long been evident, and recent policy shifts aim to facilitate its entry into the market.

Former RBI Governor Raghuram Rajan highlights that young Indian entrepreneurs, with a 'Virat Kohli mentality', are increasingly moving abroad for business opportunities. Rajan notes they seek easier access to global markets, indicating dissatisfaction with India. He stresses the importance of enhancing human capital and skill sets domestically. Speaking at a conference on India's economic advancement, Rajan underscores the need to capitalize on the demographic dividend effectively. He criticizes current growth rates, urging job creation to fully harness India's potential. Rajan's insights shed light on the challenges and opportunities facing India's youth in the global economy.

Market rumours surfaced on Tuesday, April 16, that Zee5 is going to close its international operations in the coming days. Earlier this month, Punit Misra, the President of Content and International Markets at Zee Entertainment Enterprises Ltd (ZEEL), stepped down from his position on April 5. Zee has witnessed several lay offs and high-ranking departures in recent weeks, including Rahul Johri, who served as the President of Business, and Nitin Mittal, the President and Group Chief Technology Officer. According to market experts, Punit Mishra's failure to resurrect Zee5 in the international market has led the way to his resignation. Zee5 has been steadily losing subscriptions and revenue globally, facing stiff competition from other global players in the last few years.

Byju Raveendran, founder of Think and Learn, parent company of Byju's, steps in as CEO after Arjun Mohan's resignation. The company undergoes a restructuring, consolidating into three divisions: The Learning App, Online Classes and Tuition Centers, and Test-prep. This move follows a seven-month operational review by Mohan. He transitions to an advisory role, leveraging his edTech expertise. Raveendran shifts focus to daily operations, having previously focused on capital raising and global expansion. The changes signal a strategic shift in leadership and business focus for Byju's.