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    In the 1920s, Utah’s Coal City was planned for 2,600 lots, but only about 200 were sold; the mining company dissolved in 1936

    In the early 1920s, George A. Storrs aimed to create a unique mining town in Utah. The planned community was intended for miner-ownership with homes, farms, and essential services. Despite initial excitement, only a small portion of the lots were sold, and the project failed. The Great Western Coal Mines Company went bankrupt in 1936, leading to the town's decline.

    Valuation of top diaspora-led firms jumps 53 pc to USD 15 trillion on AI boom: Report

    The valuation of top global companies led by the Indian diaspora has surged to USD 15 trillion. The sharp increase is largely attributed to the recent artificial intelligence boom in the market. Sundar Pichai, Satya Nadella, and Sanjay Mehrotra lead the ranking of these companies. A significant number of firms on the list are AI-driven or AI-integrated.

    Rs 35 lakh revenue from Rs 500 service: Two Hyderabad childhood friends built an app helping NRIs hire personal assistants in India

    Two Hyderabad childhood friends, Nishant Parepalli and Shashank Veer Pothaduri, launched Shoppin in 2023. The startup connects customers in over 20 countries with personal shoppers and assistants in India. Starting at Rs 500, its services include shopping, property checks and paperwork. The company reported Rs 33 lakh revenue in FY26 and Rs 35 lakh between April and October 2026.

    Farmer's son from small Tamil Nadu village builds Rs 1.5-crore software business after quitting nine-year Chennai IT career & starting with just two laptops

    Eswaran Arumugam launched his Tamil Nadu-based software venture, Yaa Creations, with just Rs 1 lakh borrowed from his brother and two laptops. The business faced several hurdles, including financial strain, disruptions caused by the Covid-19 pandemic and accumulated debt of Rs 5 lakh. However, he gradually turned things around and expanded operations. Today, the company, headquartered in Rasipuram in Namakkal district, employs 26 people, serves clients in seven countries and completed projects worth Rs 1.5 crore in 2025.

    ET AI Awards 2027 are here: Discover if your AI innovation is ready for the spotlight of a national stage!

    Celebrating the future of technology, the ET AI Awards 2027 acknowledges key innovations and leadership in AI from various industries in India. With an impressive array of over 40 categories, these awards emphasize the importance of AI developments by startups, SMEs, and large enterprises, offering a valuable stage for recognizing their contributions to the AI ecosystem.

    Nagpur couple earns over Rs 4 lakh per month from a 400 sqft room business that has a profit margin of 80%

    Nagpur couple earns over Rs 4 lakh per month from a 400 sqft room. Nagpur couple, Akshay Holey and Divya Lohakare Holey, has turned a 400-square-foot room into a saffron cultivation unit using aeroponic technology. By growing the expensive spice without soil, they have built a business generating annual revenue of Rs 40-50 lakh. Their saffron sells for around Rs 6.3 lakh per kg. After investing Rs 55 lakh, the couple targets to achieve Rs 1.3 crore earnings over in 5 years.

    The Economic Times
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