Warner Bros. and Legendary presented an extended first look at Digger at CinemaCon, marking the first major public showcase for the dark comedy pairing Tom Cruise with director Alejandro G. Iñárritu. Both Cruise and Iñárritu appeared at the event to present the footage, signaling a high-profile theatrical push from the studio partners. Iñárritu, whose credits include The Revenant and Birdman, described Cruise's performance as "another kind of fearless," a phrase that carries weight given Cruise's established reputation for physical and dramatic commitment on screen. The film had previously kept its title and logline under wraps, making the CinemaCon reveal the first substantive disclosure to the exhibition industry. For theater owners, a Cruise vehicle backed by Iñárritu's prestige-filmmaking credentials represents a potential high-margin tentpole with awards crossover appeal. The pairing of a commercially proven global star with a two-time Best Picture director is the kind of package that commands strong screen commitments from exhibitors. How the marketing positions the film's tonal balance between dark comedy and Iñárritu's signature intensity will be the key variable to watch as a release date comes into focus.
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.
