Hyderabad (PTI): Filmmaker S S Rajamouli on Saturday unveiled the title of his next mega project "Varanasi" at a grand fan event held at Ramoji Film City here in the presence of its stars Mahesh Babu, Priyanka Chopra Jonas and Prithviraj Sukumaran.

The movie marks the acclaimed director's first collaboration with Telugu superstar Babu. Priyanka also returns to Indian cinema after 2021's "The Sky Is Pink".

Babu said it was a dream project and the whole country will be proud of the movie where he plays the protagonist Rudra.

Sukumaran, who plays the antagonist Kumbha in the movie, said it was the most emotionally and physically demanding role of his career. The actor said he was stunned by Rajamouli's narration.

"The scale, the vision, the ambition, everything was India's greatest contemporary mainstream filmmaker pushing his own limits into never-before territory. But what truly took my breath away was the audacity of the imagination," Sukumaran said.

The much-anticipated movie will make its debut in theatres worldwide in January 2027 coinciding with the festival of Sankranti.

Billed as “India’s biggest-ever reveal”, the event, titled "Globe Trotter" drew a crowd of around 50,000 fans, who witnessed a specially designed live spectacle culminating in the title reveal.

A teaser for "Varanasi" was planned to be showcased on a massive 130 ft x 100 ft screen, but a technical glitch initially prevented the screening. After a brief delay, the clip was finally unveiled to the audience.

The event also unveiled the first-look posters of Prithviraj Sukumaran as the fierce antagonist Kumbha and Priyanka Chopra Jonas in the gun toting avatar as Mandakini.

Described as a “once-in-a-generation spectacle”, the event marked one of the largest live fan gatherings for a film announcement in the country.

"Varanasi" will feature music by MM Keeravani, who won an Oscar for Rajamouli's previous film "RRR".

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Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.

Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.

At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.

On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.

Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.

On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.

Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.

"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.