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Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December, underscoring its improved funding access as earnings strengthen. The state-run lender reported a 56% jump in second-quarter net profit to Rs 1,912 crore, supported by stronger credit growth and better asset quality.
DBS Bank chief executive Tan Su Shan said strong demand for FCNR(B) deposits points to continuing overseas confidence in India, even as foreign selling has weighed on the rupee. She argued that India’s growth prospects, digital infrastructure and appeal as a destination for foreign direct investment remain intact. Tan also said policymakers should keep pushing exports and FDI to help stabilise the currency over time.
DBS Bank chief executive Tan Su Shan said strong demand for FCNR(B) deposits shows overseas confidence in India even as concerns persist over capital outflows and rupee pressure. She argued that India needs more foreign direct investment and stronger exports to reinforce currency stability, while also highlighting the country’s AI opportunity.
DBS Bank CEO Tan Su Shan said strong demand for FCNR(B) deposits reflects continuing overseas confidence in India, even as foreign net selling has weighed on the rupee. She argued that India’s growth prospects, digital infrastructure and artificial intelligence potential continue to support the country’s medium-term investment appeal. Tan also said policymakers should keep pushing foreign direct investment and exports to help stabilise the currency.
As Tamil cinema prepares for the release of 'Jailer 2', industry executives are openly debating whether Rajinikanth’s enduring star power can propel the Nelson Dilipkumar-directed sequel into the rarefied Rs 1,000 crore club. Producers and theatre owners say the film enters the market with unusually strong commercial momentum, but its final tally will depend on opening-day frenzy, repeat audiences and how far the franchise expands beyond core Tamil markets.
As Tamil cinema prepares for the release of 'Jailer 2,' industry watchers are again measuring the scale of Rajinikanth’s box-office pull and whether it can translate into an unprecedented global haul. Producers and theatre owners say the Nelson-directed sequel enters the market with rare commercial momentum, but crossing Rs 1,000 crore would still require exceptional audience turnout across languages and territories.
One 97 Communications Ltd., the parent of Paytm, has seen Indian ownership rise above 56% in Q2 FY2027, underscoring a continued shift toward domestic control of one of India’s most closely watched digital payments companies. Domestic institutional ownership also increased sharply to 29.5%, while foreign direct investment fell to 18%, highlighting a changing shareholder mix with stronger local participation.
One 97 Communications Ltd., the parent of Paytm, has seen Indian ownership rise above 56% in the latest quarter, underscoring a continued shift toward domestic control of one of India’s most closely watched fintech names. Domestic institutional ownership also advanced sharply to 29.5%, while foreign direct investment eased to 18%, highlighting a changing shareholder mix with potential implications for governance, market perception and long-term capital support.
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