Asian Stocks Surge as Middle East Peace Hopes Lift Markets; SpaceX IPO Shatters Records 
US Stock Futures Rally as U.S.-Iran Peace Talks Boost Market Sentiment Despite Ongoing Strikes 
Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit 
Meta Partners With Reliance to Launch First AI-Powered Data Center in India 
Honda Leadership Crisis Deepens as Retired Executives Challenge CEO Toshihiro Mibe’s Strategy 
OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic 
IMF Advances Ukraine Loan Program, Clears $690M Disbursement 
Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates 
Alibaba Offers $1.5 Billion to Acquire Grocery Delivery Platform Pupu 
US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment 
Asian Currencies Mixed as Dollar Slips on Iran Peace Hopes and Fed Rate Outlook 
SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion 
OpenAI Eyes Massive 10GW Ohio Data Center Campus in Potential $500 Billion AI Infrastructure Deal 
Sigma Healthcare Shares Slide Amid Preliminary Boots Acquisition Talks 
SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut 
Trump Signals Possible U.S.-Iran Peace Deal as Hormuz Reopening Nears 
Kremlin Says New EU Sanctions Won’t Hurt Russian Banks 
Amazon Prime Video will start offering movie rental services in India, and this was announced on Thursday, April 28. The American subscription video-on-demand over-the-top streaming and rental service firm made a promise to release over 40 original movie and TV series titles over the next two years.
As per Reuters, the populous country with almost 1.4 billion residents will be a valuable market for Amazon Prime Video. With India’s massive population, the company will be setting out to compete with its rivals, such as Netflix and Disney Plus Hotstar.
Amazon Prime Video’s move to launch its movie rental in India comes five years after Amazon brought its streaming service to India. The company will be doubling its investment in its video streaming business here over the next five years to attract more subscribers and make its services better.
Then again, Amazon did not mention the exact figure of how much it will be investing. The company is set to bring 41 original series to the country, and these will be featured in three Indian languages. It was added that some of the films will be produced by Zoya Akhtar and Karan Johar, two of the top Bollywood directors.
"We are super excited about the launch of our TVOD movie rental service that will not just give an even more expanded reach to these films but also give customers more choice in how they want to access and watch content," Amazon Prime Video India’s head, Gaurav Gandhi said during a conference.
He further explained that the new service will widen the customers’ choice and will allow them to pay per movie instead of the usual flat monthly fee payments. The movie service of Amazon Prime Video will offer early rental access to fresh Indian and International films on a transactional per-movie basis. The best thing is that the rental is available to everyone and not just the Prime members.
Finally, Outlook India reported that Prime Video is also looking to broaden its reach further by releasing original content in Telegu, Hindi, and Tamil languages. To gain more audience and offer more to customers, live cricket streaming is another space that the company is considering with the India tour of New Zealand later this year.
