Elon Musk Steps Down as Tesla Chairman & Paytm Plans to Invest in BigBasket: 4 Things to Know Today Stay tuned to get every day updates in 60 seconds.

By Sanchita Dash Oct 1, 2018

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Amazon lends hand to emerging Indian brands. The e-commerce giant has started a new programme called 'Select' that will allow newbies access to a host of brand building tools and services.

2. Elon Musk is no more Tesla chairman. Within hours of being sued by the US Securities and Exchange Commission for fraud over his misleading tweets, Musk had to step down as the chairman but will remain the CEO.

3. Paytm takes a big leap into online grocery space. Its e-tail arm Paytm Mall might reportedly pick up majority stakes in the online grocer BigBasket.

4. Maruti plans to build a micro SUV. The Indian carmaker could reportedly launch its Micro SUV with less than 4 meters of length in 2019.

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

Sanchita Dash

Entrepreneur Staff

Former Senior Correspondent, Entrepreneur India

In the business of news for 5 years now. Making my way across India thanks to my career. A media graduate from Symbiosis, Pune, I have earlier worked with Deccan Chronicle (South India's leading English daily), T-Hub (India's largest incubator) and Anthill Ventures (a speed-scaling platform).

Stories, movies and PJs are my thing.

If you hear 'The Office' opening score randomly, don't worry it's just my phone ringing.

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