Amazon MGM Studios head Mike Hopkins used CinemaCon to deliver a direct commitment to theater operators: at least 15 theatrical releases per year, framed explicitly as a permanent strategy rather than a provisional one. The pledge targets an audience of exhibitors who have watched streaming rivals alternate between theatrical support and bypass, creating sustained uncertainty for cinema operators dependent on studio supply. Hopkins drew a pointed contrast with unnamed competitors who have 'dipped their toes in and out of theatrical waters,' positioning Amazon MGM as a stable, long-term distribution partner. The practical consequence for exhibitors is pipeline visibility, 15 films annually represents a meaningful content floor from a studio with growing production scale following the MGM acquisition. For investors and theater chains, the signal worth tracking is whether Amazon MGM maintains release windows consistent with industry norms, since volume commitments without window discipline offer exhibitors limited upside. Execution against the 15-film target, and the commercial performance of those titles, will determine whether the pledge translates into durable box office contribution.
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.