According to a new report, investing in 43 million small and nano-enterprises in rural India could help unlock one of the country's largest employment sources.
Agriculture continues to employ about 46% of the country's workforce, but it contributes only one-fifth of the national income, highlighting the need to find alternative employment options in rural areas.
Meanwhile, electric vehicle sales in India have reached record levels. According to the Federation of Automobile Dealers, almost one in eight cars currently sold is electric. In July, EV sales amounted to 327,901 units, which is 66% higher compared to the same month last year, reports PTI.
FADA added that retail sales of electric passenger vehicles grew by 83.13%, reaching 32,928 units last month compared to 17,981 units in July 2025. Industry analysts note that the demand for EVs is so high that manufacturers are unable to meet it.
In the consumer goods sector, the brand Wakefit, specializing in home and sleep solutions, is showing steady growth. The company started fiscal year 27 with increased revenue and improved profitability, driven by strong growth in its own sales channels, active expansion of its retail network, and increased gross profit, despite raw material price volatility.
In the business context, product companies attract more investor attention than service firms because they scale non-linearly, whereas service companies grow only within the limits of personnel hiring rates. However, Satya Pramod, former CFO of Tally Solutions, believes that AI-based service companies are ready to change investors' approach to valuations.
In an interview with Shraddha Sharma, founder and CEO of YourStory and The Bharat Project, Pramod explained the reasons for rebranding his consulting firm based in Bengaluru, KayEss Square, to Northbound Advisors, as well as plans to attract larger funding to acquire small firms and serve them using AI.
Ola Electric Mobility, led by Bhavish Agarwal, reduced its consolidated losses to 336 crore rupees in the first quarter of fiscal year 27, compared to 428 crore rupees the previous year. Meanwhile, the company's operating revenue decreased by 45%, amounting to 455 crore rupees in the first quarter of fiscal year 27, compared to 828 crore rupees the previous year.
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