Tom Cruise unveiled the first trailer for 'Digger' at CinemaCon, revealing a physically transformed performance opposite director Alejandro González Iñárritu. Cruise appears as Digger Rockwell, a cat-loving billionaire characterized by a large belly, a comb over, and a thick Southern accent, a departure sharply at odds with the actor's established action-hero persona. Cruise told the CinemaCon audience it took him 40 years to feel ready to inhabit the role, signaling a long-gestating personal project rather than a commercial franchise play. The pairing with Iñárritu, whose films typically target awards cycles, positions 'Digger' as a prestige character study. For the theatrical exhibition industry, Cruise's CinemaCon appearance itself carries weight: he remains one of the few stars whose name reliably drives opening-weekend attendance, and a dramatic transformation can extend a film's conversation well into awards season. The trailer had not been publicly released prior to the presentation, making the CinemaCon reveal the sole point of audience contact with the material.
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.
