Amazon MGM Studios is developing a live-action adaptation of FernGully: The Last Rainforest, with Marielle Heller attached to write, direct, and produce. Heller, known for A Beautiful Day in the Neighborhood and the recent Nightbitch, will produce through her Defiant By Nature banner alongside Leah Holzer. The original FernGully was a 1992 animated film that built a durable cultural footprint around environmental themes, giving the IP recognizable brand equity for family audiences. Amazon MGM's move fits a broader industry pattern of studios mining legacy animation for live-action reboots, a format that has demonstrated reliable theatrical and streaming returns. The project is currently in development, meaning no release window has been set. Heller's dual writing and directing role gives her significant creative control, and her track record with character-driven, critically received films positions this as a prestige-leaning family project rather than a purely commercial franchise play. Casting and production timeline are the near-term details to watch.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.