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Netflix says it invested $135 billion in content over decade, created 425,000 jobs globally
Netflix reveals massive global investments in films and series. Over the last decade, the company poured more than $135 billion into content. This has boosted the world economy by over $325 billion. It also created more than 425,000 jobs. Netflix is committed to continued investment in creators and production worldwide.
Max Financial Services cancels Q4 FY26 earnings call scheduled for May 13
The company added that it remains committed to fair and transparent communication and will continue to follow due disclosure processes for future investor and analyst engagement.
Hindustan Unilever to focus on regaining market share: Global CEO Fernando Fernandez
Unilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative journey to innovate the company’s offerings. Recognizing the challenges posed by rivals, the company is committed to regaining its competitive edge in India.
Chirag Paswan says India working with global bodies on nutraceutical regulations
India is actively working with international regulatory bodies, including Codex Alimentarius Commission, to develop essential regulations for the rapidly expanding nutraceutical sector. The government recognizes the immense growth potential and is committed to addressing existing gaps. This initiative aims to foster a structured environment for the industry's advancement, ensuring nutritional security alongside food security for the nation.
Iran sought permission for docking of 3 ships in Indian ports; approval granted: Jaishankar
India permitted three Iranian ships to dock at its ports. One vessel, IRIS LAVAN, docked in Kochi on March 4. This humane gesture was appreciated by Iran. The move comes amid rising tensions in the Indian Ocean following the sinking of an Iranian warship. India remains committed to ensuring the nation's energy security amidst global disruptions.
Sufficient fertilisers now, but problems may arise if West Asia conflict prolongs: Official
India currently possesses adequate fertilizer supplies. However, a prolonged conflict in West Asia may disrupt future crop seasons. Fertilisers and Chemicals Travancore Limited (FACT) assures farmers of continued supply. The company holds substantial raw material reserves. FACT is committed to meeting all agricultural needs. This ensures uninterrupted fertilizer availability for upcoming seasons.
SBI inducts 5,783 junior associates to strengthen branch banking services
State Bank of India has recruited 5,783 junior associates. This hiring strengthens customer service and branch operations. The bank added over 18,000 employees this fiscal year. This is a significant talent induction drive. SBI aims to onboard 16,000 employees annually for future growth. The bank is committed to creating employment opportunities and delivering superior service.
India unlikely to see petrol, diesel price hike despite global oil prices spiking to $80
Global oil prices have jumped significantly following attacks and retaliatory strikes in the Middle East. However, Indian consumers are unlikely to see a hike in petrol and diesel prices. Fuel companies have built up profits and can absorb the current price rise. The government is committed to shielding citizens from sharp increases, especially with upcoming elections.
India joins Pax Silica Declaration
India formally joined the Pax Silica coalition, marking a significant milestone in the strengthening of strategic technology and supply chain cooperation between India and the United States. The signing ceremony brought together senior government leaders from both nations, underscoring a shared commitment to securing the full technology stack that will power the AI-driven global economy. Pax Silica is envisioned as a strategic coalition of trusted nations committed to securing the silicon stack, from critical minerals and semiconductor fabrication to advanced AI systems and deployment infrastructure. The initiative seeks to reduce overconcentration in global supply chains, prevent economic coercion, and ensure that emerging technologies are developed and governed by open, democratic societies.
Renault forecasts 2026 margin drop as price pressure dents profit
Renault is bracing for a tighter financial future, forecasting lower profit margins by 2026. Following a 15% fall in operating profit last year, the French automaker faces mounting pressure from Chinese upstarts and traditional rivals alike. In response to this competitive squeeze, Renault is committed to slashing costs and unveiling new car lines.