The Economic Times

Foreign money to return in 23 quarters; IT rerating still distant, bet on AI consumers, not AI Builders: IIFL Capital MD

IIFL Capital's R Venkataraman sees India at an investment inflection point, driven by entrepreneurial spirit and strong fundamentals. He anticipates a return of foreign capital within months, viewing current FII outflows as a cyclical trend. Venkataraman also highlights AI's potential for Indian financial services, emphasizing adoption over core technology development.