Amazon MGM Studios has greenlit a live-action adaptation of FernGully: The Last Rainforest, the 1992 animated environmental film, with Marielle Heller attached to direct from her own original script. The project marks a significant IP revival for the studio, drawing on a title with broad generational recognition and a built-in audience across multiple demographics. Heller, whose directing credits include A Beautiful Day in the Neighborhood and Can You Ever Forgive Me?, brings a track record in character-driven, critically received features. Production is set up with Stacey Sher producing through Shiny Penny alongside Susan Ursitti-Sheinberg, Jon Sheinberg, and Matt Feige through Sheinberg Feige Organization, and Defiant. The attachment of a writer-director at this stage suggests the project has moved past development into active pre-production positioning. For Amazon MGM, the project fits a broader strategy of mining legacy animation for live-action theatrical and streaming content, competing directly with Disney's established playbook in the same space.
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.
