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This is Nelson John, and I'll bring you the top business and tech stories, let's get started. 

Jubilant FoodWorks Bets Big on Tech & Expansion

Jubilant FoodWorks is ramping up its Domino’s India expansion from 2,000 to 3,000 stores, backed by Elate, an in-house Android-based POS system aimed at improving efficiency across its brands (Domino’s, Popeyes, Dunkin’, Hong’s Kitchen). CEO Sameer Khetarpal promises tech upgrades every six months, integrating AI into store management. The company is also pushing for faster deliveries, with 70% already happening in under 20 minutes and a new guaranteed 20-minute service coming to India’s top seven cities. However, dine-in sales remain sluggish as free delivery drives online orders.

Meta’s Project Waterworth: Building the World’s Longest Undersea Cable

Meta is advancing Project Waterworth, a 50,000-km undersea cable connecting India, the US, Brazil, South Africa, and more. The aim? Faster internet and AI-driven applications across platforms like Instagram, WhatsApp, and YouTube. Meta is in talks with Airtel, Jio, Tata Communications, and Lightstorm for landing the cable in India, navigating regulatory hurdles. With 95% of global data flowing through subsea cables, this move enhances India’s digital backbone while reducing dependence on geopolitically sensitive routes like the Red Sea and South China Sea.

Indegene Expands AI-Driven Pharma Solutions in the US & Europe

Bangalore-based Indegene is capitalizing on AI in pharma commercialization and regulation, particularly in the US and Europe, where it derives 64% of its revenue. With US pharma firms under pricing pressure, CEO Manish Gupta sees a major opportunity: “Pricing and market access are critical, and our AI-driven solutions can help.” The company has launched Cortex, an AI-powered platform, and is expanding in Europe, with a London center, an Ireland acquisition, and a move into Spain. Since 2010, Indegene has grown from ₹33 crore to ₹2,500 crore and is poised for further scale.

Global Investors Shift from US Stocks Amid Tariff Uncertainty

Investors are pulling billions from US stocks, redirecting funds to Europe, Asia, and emerging markets due to concerns over US tariff policies. In March alone, European investors withdrew $2.37 billion from US equity ETFs. April 2, Trump’s “Liberation Day” tariff plan, threatens new trade tensions, prompting 15 of the world’s largest asset managers to reduce US exposure. Goldman Sachs & Barclays have already cut their S&P 500 forecasts for 2025. While some analysts argue US stocks remain attractive, foreign outflows may weaken market performance.

Lollapalooza India Booms Despite Industry Challenges

The third edition of Lollapalooza India attracted 60,000+ fans with Green Day, Shawn Mendes, and others. While ticket sales hit records, India’s live entertainment infrastructure remains weak, lacking dedicated concert venues. “We have to build everything from the ground up,” says Anil Makhija, COO of BookMyShow Live. Diljit Dosanjh’s criticism of India’s concert ecosystem further highlights these issues. High taxes and ticket resale controversies (e.g., Coldplay’s Mumbai show) also pose challenges. Despite this, India’s live music market is growing fast, with global artists increasingly making India a tour stop. BookMyShow is pushing for policy changes, better infrastructure, and new festivals like Bandland. “Fans are ready. Artists are ready. Now, the ecosystem needs to catch up,” says Makhija.

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