Business

Vedanta Resources is seeking to expand its $350 million loan by at least $200 million, with Sumitomo Mitsui Banking Corp. and First Abu Dhabi Bank in talks to join the facility. The top-up targets refinancing, transaction costs, and general corporate needs as the company manages a heavy debt burden. The deal size could

Amazon MGM Studios is developing a live-action FernGully: The Last Rainforest adaptation with Marielle Heller set to write, direct, and produce. The project extends a studio trend of converting legacy animated IP into live-action features for theatrical and streaming audiences. No release timeline has been announced.

UltraTech Cement added 8.7 MTPA of capacity and crossed 200 MTPA of installed capacity in India, reinforcing its lead as the country's largest cement producer. The expansion strengthens its operating leverage and competitive reach as domestic construction demand remains elevated.

Amazon MGM Studios is developing a live-action FernGully film based on the 1992 animated classic, with Marielle Heller set to direct and write. The project signals Amazon MGM's continued push into legacy IP adaptation as a content strategy. Stacey Sher and the Sheinberg Feige Organization are attached as producers.

Adani Properties will invest over Rs 1 lakh crore to redevelop the 143-acre Motilal Nagar site in Mumbai, India's second-largest urban renewal project. The decade-long plan will rehabilitate 3,700-plus residential and 300 commercial occupants alongside slum dwellers within a mixed-use township.

Flipkart is reportedly planning to enter India's live events and ticketing market, taking direct aim at BookMyShow's dominant position. The Walmart-owned platform's scale and payments infrastructure could reshape competitive dynamics in a sector buoyed by rising consumer entertainment spending.

Gautam Adani's net worth reached $92.6 billion, edging past Mukesh Ambani's $90.8 billion to make him the richest person in India and Asia. The shift reflects sustained valuation gains across the Adani Group's infrastructure and energy portfolio. The $1.8 billion margin is narrow enough that market moves in either

Zerodha has publicly reaffirmed its zero-brokerage-on-delivery and no-external-capital model, framing bootstrapped ownership as the structural reason it avoids margin funding promotion, user tracking, and cross-selling. Management says 25 to 30% of new accounts come from referrals, its key growth metric. The post

Jane Street has committed $6 billion to CoreWeave for AI cloud infrastructure and expanded its equity stake in the GPU provider. The deal is among the largest AI compute contracts signed by a financial institution, signaling that quant firms are treating dedicated AI infrastructure as a core competitive asset.

Marvel debuted a new Avengers: Doomsday trailer at CinemaCon, revealing Robert Downey Jr. as Doctor Doom and the return of Steve Rogers. The footage, anchored by Patrick Stewart's Professor Xavier, is designed to drive exhibitor confidence and early ticket demand. Pre-sale performance will serve as a key indicator of

Disney debuted the first full trailer for 'Avengers: Doomsday' at CinemaCon, showing Thor vs. Doctor Doom, Chris Evans returning to lift the hammer, and the X-Men rejoining the ensemble. The reveal matters most to theater operators, who have waited six years since 'Endgame' for a Marvel event of comparable commercial

Dwayne Johnson debuted live-action Moana footage at CinemaCon, sharing a photo of his late grandfather during the emotional presentation. The Disney film, directed by Thomas Kail and based on the 2016 animated hit, is scheduled for theatrical release this summer.

Reed Hastings will not stand for re-election to Netflix's board when his term expires at the June Annual Meeting, ending his formal ties to the company he co-founded in 1997. The move, disclosed in Netflix's earnings release, completes a leadership transition that began when Hastings stepped down as CEO in 2023.

Angel One reported an 84% year-on-year profit rise in Q4, driven by higher trading volumes, better monetisation, and operating leverage despite broader equity market weakness. The wealth management segment grew, though lending activity dipped sequentially. Lending trends and client retention into Q1 are the key variabl

Kingdom Holding Company, controlled by Prince Al Waleed bin Talal, is set to acquire a majority stake in Saudi Pro League club Al Hilal. The move brings one of the Arab world's largest private investment firms into Saudi sports ownership, aligning with Vision 2030's sports and entertainment push. Financial terms have n

IndianOil has increased Auto LPG supply to Bengaluru by nearly 300 percent and doubled dispatches statewide in Karnataka after private sector supply chain disruptions created a sharp demand surge. The move shifts distribution load onto public-sector infrastructure, with IndianOil outlets operating continuously to stabi

Renault plans to launch seven new models in India by 2030 and elevate the country to a top-three global market. The Chennai plant will serve as a global export hub, embedding India into Renault's international supply and distribution chain. The rollout implies roughly one new model per year through the end of the decad

A jury ruled that Live Nation operated as a monopoly, triggering an immediate drop in the company's stock. The verdict establishes civil liability and could amplify ongoing regulatory pressure against the live events and ticketing giant. Remedies, including potential structural breakup or financial penalties, are the n

Elliott Investment Management is pushing Daikin Industries, the world's largest air conditioning maker, to launch a major share buyback, arguing the company holds excess capital that depresses its valuation. The campaign reflects broader activist pressure on Japanese corporates following Tokyo Stock Exchange reforms ta

Zerodha founder Nithin Kamath says the firm has foregone ₹25,620 crore in revenue by holding to zero brokerage on equity trades. The disclosure reinforces Zerodha's customer-trust positioning but arrives as SEBI's derivatives fee changes compress the company's core revenue. The durability of the zero-fee pledge through