Tesla's New Competitor on the Block & RIL Sets a New Record: 4 Things to Know Today Stay tuned to get every day updates in 60 seconds.

By Komal Nathani

Opinions expressed by Entrepreneur contributors are their own.

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1. Tesla has a new competitor on the block. Russian arms maker Kalashnikov has presented a new retro-looking electric car called CV-1 which can reportedly travel 350km on one charge.

2. Myntra stores are on the way. The online fashion retailer is planning to open physical stores for selling Beauty and personal care products by year end.

3. When has Mukesh Ambani settled for less? Exactly, never! Reliance Industries has become the first Indian company to cross Rs 8 trillion in terms of market capitalization.

4. eBay is all set to come back to India soon. After parting ways with Flipkart, the e-commerce giant is planning to start its export business for Indian sellers to trade across its major markets globally.

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

Komal Nathani

Former Correspondent, Entrepreneur Asia Pacific

A firm believer of hard work and patience. Love to cover stories that hold a potential to change the momentum of business world. Currently, a part of all-women web team of Entrepreneur’s Asia Pacific edition to jig the wheel of business journalism!

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