INDORE AUTO DRIVER
He dropped out of school, sold vegetables, and worked as office boy to support family. But travel vlogs changed the life of Indore auto driver. ‘Now, if my kids ask for pizza, I start the auto and take them out.’
Indore's Ravi Ratnawat, an auto driver, transformed his life by becoming a travel vlogger during the COVID-19 pandemic. Despite facing poverty and quitting studies early, he learned to shoot and edit videos, gaining millions of views and a significant following. His vlogging success now provides him with a decent income and allows him to fulfill his children's wishes without hesitation.
ET Prime Special Series: Multibagger or Bankrupt - Part 53: All vehicles need this auto ancillary’s product, but its EV future is still taking shape
This auto ancillary is not trying to be many things at once. It has stayed in one technical lane for years and built its business around a function every vehicle needs. That gives the story some stability. But it does not remove the risks. A large share of revenue comes from a few customers, the group is carrying unresolved contingent matters, and the gap between standalone and consolidated earnings shows the cost of building backward integration. In a sector moving toward EVs, this business still looks rooted in old strengths, while its next phase is only beginning to take shape.
Influencer’s simple auto ride turns into a lesson about moving on in life with grief. ‘Aadmi kam se nahi thakta….’
Digital creator Nikhil experienced a deeply moving autorickshaw ride in Indore. He spoke with the driver, a man in his late 50s or early 60s, who shared his struggles. The driver's wife passed away, leaving him with a void. He continues to drive late into the night, finding it a way to pass the time.
Crorepati beggar: Indore's Mangilal picked up from streets owns three houses, autos, car and also runs a money-lending business
Mangilal, one of the beggars of Madhya Pradesh's Indore, owns multiple properties, three-rented auto rickshaws, a car with a driver and also runs a part-time money-lending business. The Indore Beggar Eradication Campaign led to the discovery of Mangilal, who collected substantial daily earnings and was picked up from Sarafa Bazaar in Indore. Mangilal is also a beneficiary of a one-BHK house as part of a combined initiative by the state government and the Red Cross.
Investing: Buying correct business & ignoring volatility in Nifty. 6 large-caps from different sectors with upside potential of up to 35%
Here’s an interesting way to categorise Indian equity investors: Those who entered the market before Covid, and those who did so post-Covid. Now, a large majority of today’s investors would fall in the post-Covid category. Why is this worth mentioning at this juncture? Because it is perhaps for the first time that these investors are witnessing an extended correction – the market has been falling for close to a year now. Our message for these investors: Corrections or phases where stock prices fall are inevitable in the market. And may happen for global or domestic reasons. So, focus on investing in a “correct business” because it creates wealth even after weathering all storms. The question is: What is a correct business?
Map war intensifies; Google announces new features to woo users in India
Google introduced new features on Google Maps in India, including EV charging station info, flyover callouts, and AI-driven routing to reduce narrow road usage. This follows competition from Ola Maps, which led to Google reducing platform pricing by up to 70%. Enhanced metro ticket booking, incident reporting, and collaboration with EV charging providers were also announced.
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Mid-sized cities to emerge as big demand centre for EVs: Report
Lucknow, Thiruvananthapuram, and Gurugram shine in electric car sales growth. Tier 2 cities emerge as pivotal for electric two-wheeler market. Financial support crucial for tier 3 cities' EV growth. Bengaluru and Jaipur lead in EV adoption. Wealthier cities drive electric vehicle growth, while private uptake fuels tier 2 cities' demand.

Weekly Top Picks: These mid and small cap stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

Weekly Top Picks: These mid and small cap stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

Madhya Pradesh: A business ecosystem tailored for success of MSMEs
The state is a vibrant destination for a wide range of businesses and industries, particularly for the small and medium enterprises (SMEs).

10 big cities of India nearly as affluent as developed world, driving premiumisation: Saurabh Mukherjea
The upper-middle-class India, the “octopus class” of roughly a million super rich individuals, is absolutely booming. There are three massive drivers of affluence for premium India – the stock market, the SME class and global capability centres creating 4-5 million jobs not only in metros but also in the next tier cities.

Building an efficient, low-cost retail export channel can bolster MSMEs: eBay India
With the ongoing transformational changes in the consumer buying behaviors, the opportunity for e-commerce global trade has grown manifold.

TYGR is on the prowl in Bengaluru
The company currently runs a fleet of around 200 bikes and 3,500 cabs in Kolkata. The company will be launching its consumer services in the IT capital next month.

Union Budget 2017: Why salaried class deserves standard deduction
Unlike self-employed individuals, salaried workers only enjoy a few tax free allowances, the quantum of which has clearly not kept pace with inflation.

Demonetisation: Where it's hurting
One major hospital estimates that only eight to 10 surgeries are being performed per day against an earlier average of 35 to 40.

Government's challenge after demonetisation: Keeping unaccounted money handlers at bay
As India moves more towards a ‘white’ economy,’ liquidating holdings overseas and stamping out counterfeiting must be key long-term goals.

Real estate: Here are 9 smart Indian cities to invest in
The government’s Smart City push has boosted real estate activity across the country. Nine cities in particular look very promising to invest in.

Jugnoo partners PNB, Piaggio for easy auto finance
The new financing offer will be rolled out in Chandigarh, Jaipur, Gurgaon and Indore in the first phase, it added.

Jugnoo partners Punjab National Bank, Piaggio for easy auto finance
The new financing offer will be rolled out in Chandigarh, Jaipur, Gurgaon and Indore in the first phase, it added.

Jugnoo, mGaadi & Autowale: Ride-sharing & hyperlocal startups bet big on three-wheelers
Jugnoo uses rickshaws for two broad purposes: one, to ferry passengers, and, two, to deliver freshly cooked food, groceries, vegetables, and the like.

We won't compete with Ola & Uber: Samar Singla, Jugnoo.com
Having a cut and dried business model helps in making decisions. Jugnoo decided not to compete against Ola and Uber despite acquiring BookMyCab.

Uber expands to 7 cities; India now second largest geographic market
Under Uber X, the company offers cabs such as the Maruti Swift Dzire and Toyota Etios. The Uber Go category has models such as the Hyundai Santro and Tata Indica.

Investors see great opportunity in autorickshaw-hailing services in India
Jugnoo has presence in five cities and plans to expand to 40 cities and reach one lakh daily transactions in the next one year.

'Pink Auto' service for women to be launched in Indore
A spokesperson said that the district administration will provide training to the women, who want to earn their livelihood by driving pink autos.

TeleRickshaw to start auto pooling, raise $2 million
The startup, which is developing a mobile application for the purpose, is in talks with three-four private equity players to raise $1-2 million.
'Metro Man' retires today: Price of inaction will be too high, damages irreparable, says E Sreedharan
Similar projects underway in Mumbai, H'bad & Chennai are behind schedule, while project reports prepared by DMRC are gathering dust.
Business opportunities: All in a day's work
Even life’s everyday problems can be turned into business opportunities. ET speaks to a few startups that made the best of the situation.
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