Dwayne Johnson made an emotional appearance at CinemaCon to debut new footage from Disney's live-action Moana, directed by Thomas Kail. Johnson, who voices and portrays the demigod Maui in the adaptation, shared a photograph of his late grandfather during the presentation, linking the personal tribute to the film's cultural themes. The live-action remake follows the original 2016 animated film, which was a significant theatrical and streaming success for Disney. CinemaCon, the annual exhibition industry gathering in Las Vegas, serves as a key marketing platform where studios court theater operators with early footage ahead of wide releases. Disney is positioning Moana as a major summer theatrical event, and the CinemaCon showcase is designed to build exhibitor confidence ahead of that window. The film's commercial performance will be watched closely as a signal for whether live-action Disney remakes continue to draw audiences at scale, a question the studio has faced with mixed results in recent years.
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.
