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IOB’s Strong Growth Story Continues: Net Profit Touches All-Time High of ₹1,365 Crore, Up 56.18% YoY

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Chennai, January 14, 2026: Indian Overseas Bank (IOB) continued its strong growth momentum in Q3FY26, delivering robust financial performance across profitability, business expansion, asset quality, and capital adequacy. The Bank reported an all-time high net profit of ₹1,365 crore for the quarter ended December 2025, marking a significant year-on-year growth of 56.18% compared to ₹874 crore in Q3FY25. For the nine-month period, net profit surged to ₹3,703 crore, registering an impressive growth of 62.13% YoY. Ajay Kumar Srivastava, MD, IOB Profitability Strengthens Further Operating profit for Q3FY26 stood at ₹2,603 crore, up 14.87% YoY, while operating profit for the nine months rose by 21.27% to ₹7,361 crore. Net Interest Income (NII) increased by 18.29% YoY to ₹3,299 crore during the quarter, with nine-month NII reaching ₹9,104 crore, up 17.20%. The Bank’s domestic Net Interest Margin (NIM) improved to 3.42% in Q3FY26, while Return on Assets (ROA) rose sharply to 1.28% from 0.93% a...

Paragon Footwear Redefines In-Store Experience with Next-Gen Retail Format; Launches 5th Outlet in Chennai

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Chennai, January 13, 2026: Paragon Footwear, one of India’s leading footwear brands, has unveiled its next-generation retail store format with the launch of its fifth outlet in Selaiyur, Tamil Nadu. The new store marks a strategic move to strengthen Paragon’s direct-to-consumer presence while enhancing the in-store experience to appeal to Gen Z and young urban consumers. Nakhul Joseph, Executive Vice President – Retail, Franchise & Human Resources, Paragon Footwear Aligned with the company’s premiumisation and market expansion strategy, the new-format stores are designed as lifestyle experience hubs that blend comfort, style, and community. Moving beyond a legacy retail approach, Paragon aims to build a brand-led experiential ecosystem that drives higher per-store revenue, elevates brand equity, and deepens engagement with younger audiences. Press meet Youtube Video link 👇  The Selaiyur outlet spans over 1,000 sq. ft. and features curated product displays, youth-centric colour...

B. S. Abdur Rahman Crescent Institute of Science and Technology Holds 15th Convocation Ceremony

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Chennai, January 11, 2026: B. S. Abdur Rahman Crescent Institute of Science and Technology (BSACIST) marked a significant academic milestone with the successful conduct of its 15th Convocation at its campus today. The ceremony celebrated the achievements of 2,991 graduands, comprising 65 Ph.D. scholars, 774 postgraduate students, and 2,152 undergraduate students. In recognition of academic excellence, 63 students were awarded Gold Medals, including 38 from undergraduate programmes and 25 from postgraduate programmes. While 759 graduands received their degrees in person, 2,232 students participated in the convocation through the online mode, reflecting the institution’s inclusive and adaptive approach. Youtube Video link 👇  Degrees were conferred by Dr. Govi. Chezhiaan, Honourable Minister for Higher Education, Government of Tamil Nadu, who was the Chief Guest for the occasion. Dr. Jinnah Rafiq Ahmed, Executive Chairman, Kothari Industrial Corporation Ltd., attended as the Guest of...

Grace Food Courts Launches Flagship Chicking Outlet in Anna Nagar, Strengthening QSR Footprint in Chennai

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Chennai: Grace Food Courts Private Limited (GFCPL) has launched its new flagship Chicking outlet at Shanti Colony, Anna Nagar, marking a significant step in its expansion strategy and underlining its ambitions in Chennai’s highly competitive Quick Service Restaurant (QSR) market. The outlet was inaugurated by Chicking Founder and Chairman Mansoor A K., in the presence of Anna Nagar MLA M K Mohan. The event underscored India’s growing strategic importance for the Dubai-based QSR brand, which today counts the country as its largest global market. Of Chicking’s more than 450 outlets spread across 45 countries, over 125 are located in India. Press meet Youtube Video link 👇  The Anna Nagar launch assumes added significance as it represents GFCPL’s first major initiative after acquiring the Master Franchise rights for Chicking across India, excluding Kerala. As part of this consolidation drive, Grace Food Courts has also taken over the operational control of 21 existing Chicking outlets...

Kauvery Hospital, Vadapalani Becomes First in Tamil Nadu to Introduce Advanced 3D Technology for Treating Complex Arrhythmias

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Chennai, January 08, 2026: Marking a major milestone in advanced cardiac care, Kauvery Hospital, Vadapalani, has become the first hospital in Tamil Nadu to introduce advanced electroanatomical mapping technology for the treatment of complex heart rhythm disorders. The new technology significantly enhances the diagnosis and treatment of challenging arrhythmias such as atrial fibrillation, originating in the upper chambers of the heart, and life-threatening ventricular tachycardia arising from the lower chambers. (L to R) Dr Jebaraj (Paediatric Cardiologist), Dr Deep Chand Raja (Director, Cardiac Electrophysiology), Thiru R. Sarathkumar (Actor), Dr Aravindan Selvaraj (Co-founder & Executive Director, Kauvery Group of Hospitals), Dr Iyappan Ponnuswamy (Medical Director, Kauvery Group of Hospitals), Dr Iyappan Ponnuswamy (Medical Director, Kauvery Hospital, Chennai), Dr Sundar C (Senior Consultant, Cardiology), Dr Mahesh Babu (Senior Consultant, Cardiology), and Dr Mahadevan (Senior Co...

MGM Cancer Institute Saves 41-Year-Old Man from Advanced, Inoperable Tongue Cancer

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Chennai, January 6, 2026: Doctors at MGM Cancer Institute have successfully treated a 41-year-old man diagnosed with advanced squamous cell carcinoma of the tongue—an aggressive oral cancer that had earlier been deemed inoperable at multiple hospitals due to its extensive spread. (L to R) Dr. Sivaram Ganesamoni, HOD and Senior Consultant – Surgical Oncology; 41 year old Patient; Dr. Manikandan Venkatasubramaniyan, Senior Consultant – Surgical Oncology;  Dr. M.A. Raja, Director and Senior Consultant – Medical Oncology The tumour, measuring approximately 5 × 3 cm with deep vertical extension, had involved the entire anterior portion of the tongue, the floor of the mouth, and extended up to the hyoid bone, a critical structure in the upper neck that supports tongue movement. The patient, a known smoker, initially presented with a persistent ulcer and abnormal growth on the tongue. Press meet Youtube Video link 👇  A biopsy confirmed squamous cell carcinoma, and further evaluation...

Golden Memories Rekindled as St. Bede’s 1976 Batch Reunites After 50 Years

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Chennai, Santhome | January 5, 2026:  Standing tall along the Santhome coastline for over 118 years, St. Bede’s Anglo Indian Higher Secondary School (St. Bede’s AIHS) today witnessed a rare and emotional milestone in its storied history. Exactly fifty years after passing out in 1976, former students of the 1976 batch have returned to their beloved school to celebrate their Golden Jubilee Reunion. Once young boys running through the corridors in school uniforms, they reunited today as accomplished “Old Boys,” now averaging over 65 years of age. Around 65 alumni have gathered to relive memories, friendships, and the spirit that shaped their lives. Youtube Video Coverage Link 👇  Educated under the guidance of the Salesians of Don Bosco, members of the 1976 batch have gone on to distinguish themselves across diverse fields including education, business, medicine, sports, management, banking, science, arts, and cinema. Having studied in a school by the sea, their lives too have mi...