MAM
ONDC’s first brand film celebrates the spirit of Indian entrepreneurship
Mumbai: ONDC (Open Network for Digital Commerce) is thrilled to present its debut brand film, “ONDC Network par ab har business ke liye Bharat khulega” a celebration of the boundless dreams and aspirations of Indians in the new era of digital commerce.
The film, released ahead of Republic Day, serves as a testament to ONDC’s commitment to empowering aspiring entrepreneurs and fostering the growth of existing businesses without constraints. It envisions a world where anyone with a dream can thrive, breaking free from traditional limitations and embracing limitless opportunities provided by the Open Network. The film further enhances ONDC’s commitment towards #vocalforlocal, especially supporting women entrepreneurs.
Set against the backdrop of India’s diverse landscapes, the 145-second film weaves together a tapestry of stories featuring archetypes of sellers and showcasing the journey of individuals from various walks of life. From the local street diya seller to the artisan crafting locks in Aligarh, from the neighborhood kirana shop owner to the creator of tangy Rajasthani pickles, and from a bridal boutique proprietor to an independent cab driver – the film encapsulates the spirit of a thriving India fueled by inclusive, interoperable and unbundled nature of the Open Network.
“ONDC is the foundation of a thriving ecosystem where both established and emerging businesses can aspire for sky-high goals and realize their entrepreneurial dreams, bound only by the limits of their imagination. By tapping into the Open Network, businesses and entrepreneurs can expand without boundaries and maximize their value creation. Our first brand film celebrates this spirit of boundless aspirations and inclusive growth,” said Shireesh Joshi, CBO, ONDC CBO Shireesh Joshi.
With ONDC as a catalyst, the film presents a narrative of breaking barriers, fostering connections, and creating a symphony of opportunities that enable small businesses and individual entrepreneurs to transcend local boundaries and reach a nationwide and even a global audience. The film expresses this with an expression that we hope becomes a rallying cry for everyone connected with the ONDC Network now and in months to come.
Brands
Domino’s Q1 profit falls 6.6 per cent, announces $1 billion buyback
Sales rise 3.4 per cent as pizza giant balances growth and shareholder returns
NEW YORK: Domino’s reported a mixed start to 2026, with first-quarter net income slipping even as global sales and store expansion held steady. The company also announced a fresh $1 billion share buyback, underlining its continued focus on shareholder returns.
Global retail sales rose 3.4 per cent on a constant-currency basis to $4.74 billion. The US remained a key growth engine, with same-store sales inching up 0.9 per cent, supported by a 1.5 per cent rise at company-owned outlets.
International markets, however, painted a more uneven picture. While Domino’s added 161 net new stores overseas during the quarter, international same-store sales declined 0.4 per cent. Overall revenues still climbed 3.5 per cent to $1.15 billion, driven by higher supply chain revenues and a 2.6 per cent increase in food basket pricing for franchisees.
On the profitability front, net income fell 6.6 per cent to $139.8 million, compared to $149.7 million a year earlier. Diluted earnings per share dropped to $4.13 from $4.33. The decline was largely attributed to a $30 million unfavourable swing in unrealised gains linked to its investment in DPC Dash Ltd.
Despite this, operational performance showed resilience. Income from operations rose 9.6 per cent to $230.4 million, supported in part by a $7.8 million pre-tax gain from the sale of a corporate aircraft.
Domino’s footprint continued to expand, with the company ending the quarter at 22,322 stores across more than 90 markets. In the US, digital orders remained dominant, accounting for over 85 per cent of retail sales in 2025.
The company also maintained its dividend payout, declaring $1.99 per share, payable on 30 June 2026. After repurchasing $75.1 million worth of stock during the quarter, the new authorisation lifts the total available for buybacks to $1.29 billion.
Domino’s chief executive officer Russell Weiner said the company’s scale and store-level economics position it well to capture further market share in 2026, even as competition intensifies.
As Domino’s leans into expansion and capital returns, the latest results show a business managing short-term pressures while keeping its long-term growth strategy firmly in play.
