SMALL BUSINESS
Meta unveils India pricing for AI agent Muse ahead of local launch
Meta has announced the pricing details for its AI companion, Muse, in India. The subscription options are set at ₹1,799 for the 'Power' tier and ₹8,999 for the 'Maximum' tier. Users currently outside supported markets can register via a VPN. Muse aims to enhance user experience by integrating with various Meta services, positioning itself against local competitors like Instinct, available worldwide.
ETMarkets Fund Guide | Managing over Rs 8,000 crore: How Bajaj AMC's Sorbh Gupta picks winners in the Flexi Cap universe
In this edition of ETMarkets Fund Guide, Sorbh Gupta, Head – Equity at Bajaj Asset Management, who manages over Rs 8,000 crore through the Bajaj Finserv Flexi Cap Fund, shares his approach to picking the right stocks across large, mid and small caps.
Just days before turning 13, teenager started a tomato business; now grows 7,000 plants and has customers as far as Australia
At 14, Jacob Mann has turned a childhood gardening interest into The Tomato Cart, a business that began with a homemade bicycle trailer and now grows up to 7,000 tomato plants a year. From selling seedlings at local markets to shipping merchandise to Australia, his journey began just days before his 13th birthday.
IITians get shocked when they learn a paani puri seller has Rs 4.5 lakh per month in profit: ‘He works for six hours…’
A group of IITians was astonished to learn that someone earning more than Rs 1.2 lakh a month lacked a degree from IIT or any other university. He was a modest paani puri vendor, and this income originated from merely one stall.
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TPG invests ₹525 crore in Kirloskar-backed Arka Fincap
The Rise Funds of TPG is planning a significant investment of ₹525 crore into Arka Fincap, backed by the Kirloskar Group. This investment has the potential to be increased to ₹800 crore based on specific performance indicators and regulatory green lights. The funds will support Arka's expansion into secured retail lending and revamp its technological infrastructure.
Diwali 2026: From selling Diwali lights in a Mumbai chawl to becoming a Dubai business tycoon. Danube's Anis Sajan once sold an Aquaguard to Sanjay Dutt
Diwali 2026: Anis Sajan's business journey began with a small Diwali lights stall below his Mumbai chawl home. He later sold electrical goods, worked as a water purifier salesman and even sold an Aquaguard to Sanjay Dutt. After moving to Dubai in 1992, he joined Danube Group, which has since grown into a multi-billion-dollar conglomerate employing 5,000 people.
Rs 35 to Rs 111 crore: Udupi boy who washed utensils in Mumbai at 13, now owns 15 restaurants
From arriving in Mumbai with just Rs 35 at the age of 13 to building a restaurant business with Rs 111.45 crore in annual revenue, Narayan T Pujari's journey is remarkable. The Karnataka native once washed utensils and cleaned floors to survive. Today, his Shiv Sagar brand operates around 15 restaurants across India.
Largecaps could finally have their day in Samvat 2083, says TCG AMC’s Shahzad Madon
Largecaps, which have lagged mid- and smallcaps for much of 2026, could finally regain market leadership in Samvat 2083 as investors turn to businesses with stronger balance sheets, credible management and sustainable earnings growth, according to TCG AMC’s Shahzad Madon.
TReDS sees a festive boost; Nykaa’s growth strategy
Happy Friday! Festive inventory demand has lifted invoice financing on TReDS platforms. This and more in today’s ETtech Morning Dispatch.
Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capital
The five platforms operating under the Trade Receivables Discounting System (TReDS) financed invoices worth Rs 75,788 crore in August and September, a 36% increase from Rs 55,549 crore in the same months last year, according to RBI data.
NPCI defends MDR charges in SC, says merchants can't pass on them to customers
The top court on September 28 had sought responses from the Centre and others, including the NPCI, on a petition challenging the decision to impose an MDR on specified UPI person-to-merchant transactions above Rs 2,000.
US tariffs squeeze Canadian cabinet makers facing doubling of Trump duty
As US tariffs on Canadian kitchen cabinets are set to double to 50%, the industry faces significant challenges. Companies like Cabico are considering relocating production to the US to mitigate costs. Many cabinet manufacturers have experienced reduced shipment volumes and workforce cuts due to tariffs. The Canadian government has proposed a provisional 25% surtax, but manufacturers want stronger measures.
Vikas Khemani’s Carnelian Mutual Fund raises Rs 632 crore through small-cap NFO, attracts over 30,000 applications
Vikas Khemani's Carnelian Small Cap Fund received over 30,000 applications worth Rs 632 crore in its maiden NFO. Nearly 45% of applications came from beyond the top 30 cities, while 21% opted for systematic investment plans.
AI will level the playing field for SMBs competing with larger businesses: Oracle NetSuite’s Amit Suxena
Suxena said that a massive technological revolution is underway and these are exciting times for new businesses, start-ups, and companies looking to expand.
These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts
Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.
Who is Marisela Nuno? California woman, 53, charged with wire fraud and money laundering in $18 million COVID relief case
In a startling development, Marisela Nuno of Los Angeles has been indicted for allegedly frauding federal programs out of $18 million. She purportedly submitted misleading information across various applications aimed at pandemic relief. Currently facing three wire fraud charges and one related to money laundering, Nuno risks a lengthy prison term if convicted. The investigation into her actions underscores the serious issue of pandemic relief fund exploitation.
‘Punjab’s remote control is in Delhi’: Rahul Gandhi attacks AAP, Bhagwant Mann over drugs; challenges PM for an open debate
Rahul Gandhi held an 'Insaaf Rally' in Sangrur, where he criticized the Aam Aadmi Party's governance in Punjab. He questioned Chief Minister Bhagwant Mann's effectiveness in combating drug abuse, emphasizing that Punjab needs a state-focused government. Gandhi recalled his concern for slain singer Sidhu Moose Wala, highlighting the threats faced by talented individuals in the state.
The changing C-suite: How finance and HR leaders are driving business transformation
CFOs and CHROs are moving beyond traditional responsibilities to become strategic business partners. The discussion explores how finance and HR leaders are navigating uncertainty, driving technology adoption, building organisational resilience and aligning financial and people strategies with sustainable growth.
Clementine's Ice Cream: How Tamara Keefe turned her love for ice cream into a multimillion-dollar business
After feeling drained and unfulfilled in her corporate career, Tamara Keefe created Clementine’s Ice Cream, driven by the joy of her childhood where she made ice cream with family. Pouring her savings into building this brand helped her establish credibility with local chefs. Joining the Goldman Sachs program gave her a boost, and now, Keefe shares her journey to inspire others to venture into the ice cream business.
NSIC presents Rs 47.76 crore dividend for FY 2025-26; highlights strong financial performance
NSIC Chairman-cum-Managing Director Subhransu Sekhar Acharya presented a dividend of ₹47.76 crore to Union Ministers. Acharya highlighted NSIC's strong financial performance, including a revenue of ₹3,767 crore and Profit After Tax of ₹159 crore. The Union Minister of MSME praised NSIC's role in empowering MSMEs and supporting government initiatives. Discussions on improving MSME partnerships with the Netherlands were also mentioned by Union Commerce Minister Piyush Goyal.
From Rs 3,000 to Rs 6 lakh a month: Ahmedabad couple started their cold coco business from the back of their car
Ahmedabad couple Darshan and Shruti Zinzuvadiya started The Coco Station in July 2025 with Rs 2,000 to Rs 3,000. Selling cold coco and coffee from their car after office hours, they now sell around 150 bottles daily and generate Rs 6 lakh in monthly revenue. Shruti quit her job to focus on the business, which has crossed Rs 36 lakh in total revenue.
Layoffs pushed Renee Rubens to rethink her career. She turned tea gifts into a business bringing in up to $30,000 a month
Renee Rubens turned her interest in premium loose-leaf tea into Symphony of Leaves Tea Company after years in corporate media sales and three career layoffs. She started by gifting tea to friends and built the business without loans. The company now brings in a reported $15,000 to $30,000 a month, though tariffs and supplier challenges continue to put pressure on the business.
India among Oracle NetSuite's highest-priority markets, says Asia head Amit Suxena
Speaking to PTI on the sidelines of Oracle AI World, Amit Suxena, group vice president and head of Asia at Oracle NetSuite, an AI-native business management platform, said momentum among Indian businesses had been growing over the last four to five years.
SuiteWorld 26: NetSuite unveils new AI tools to boost efficiency for small businesses
Oracle NetSuite has introduced SuiteExpress and SuiteSkills to transform business operations..
In 2026, 5 US businesses reached a $1 million pitch competition judged by Nicki Minaj; meet the entrepreneurs behind them
The US Small Business Administration (SBA) organised the Million Dollar Pitch Competition as part of its Freedom 250 initiative marking America's 250th anniversary. Five businesses reached the final after being selected from 1,182 businesses representing all 50 US states. The final was held before a live audience in Washington, DC, on September 18, 2026.
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