Ian Katz, Channel 4's longest-serving chief content officer, is stepping down within months, opening one of British television's most significant editorial roles just as new CEO Priya Dogra, barely 50 days into her tenure, begins shaping her leadership agenda. The timing compresses Dogra's runway: she must appoint a creative head while the broadcaster navigates what the article characterises as a near-existential moment for the network. Channel 4 operates as a publicly owned, commercially funded broadcaster, meaning its content slate directly drives advertising revenue with no production-subsidy cushion. The CCO role controls commissioning strategy, genre prioritisation, and relationships with the independent production sector, levers that determine both audience share and commercial yield. Early candidates are already circulating in industry circles, signalling that the search is drawing serious attention across British television. Dogra's choice will signal her programming philosophy, risk appetite, and whether Channel 4 intends to compete aggressively in streaming or defend its linear audience base first.
HDFC Bank's board has approved Rajiv Kumar, former Chief Election Commissioner and financial services secretary, as its Part-time Non-Executive Chairman from June 30, 2026. His chairmanship still requires RBI approval, but the move ends the bank's prolonged search for a permanent board leader.
Indian startups raised $1.1 billion across 16 deals in the week of June 21-26, 2026, up 2.5 times from the prior week, with CRED's $900 million Series H led by Meta accounting for most of the total. Square Yards became India's 131st unicorn after closing a $95 million round.
Jet fuel costs dropped sharply after a US-Iran interim peace deal, but airlines are expected to use the savings to rebuild margins rather than cut fares. Tight capacity, aircraft delivery delays, and weak budget carriers give major carriers unusual pricing power heading into the second half of 2026.
Meta is investing $900 million in CRED at a $4.5 billion valuation, the largest Indian startup round of 2026, as founder Kunal Shah moves to a global leadership role at WhatsApp. Miten Sampat takes over as interim CEO, and a major employee stock buyback is expected within weeks.
