Kuku files for Rs 3.5k cr IPO confidentially

MUMBAI: Digital entertainment startup Kuku Technologies has confidentially filed for IPO, said people aware of the matter. The company is seeking to raise up to Rs 3,500 crore ( up to $360 million) through a mix of fresh issue of shares and an offer for sale. Eyeing a listing later this FY, Kuku is targeting…

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Indigo Flight Suspension: Middle East crisis: IndiGo suspends flights to six overseas destinations till September amid weak demand, cost pressures

India’s largest airline IndiGo on Thursday announced the temporary suspension of flights to six international destinations, including Hong Kong, Shanghai and Thailand’s Krabi, as it moves to optimise its network amid softer travel demand and rising operating costs.The budget carrier said services to Langkawi, Krabi, Ho Chi Minh City, Hong Kong and Shanghai will be…

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Flex-Fuel Vehicles: One vehicle, two fuels: India bets big on flex-fuel revolution – what is it?

India’s push for flex-fuel vehicles can help meet twin national goals of cutting crude oil imports and reducing carbon emissions, but will require a full supporting ecosystem from fuel availability to wider model launches, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Thursday.Speaking at the launch of the company’s first flex-fuel car, Wagon…

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For first time, Russia admits oil production has declined amid Ukraine’s attacks on refineries

Russia, for the first time, has publicly acknowledged a dip in its oil production this year, even as it assured that the country was continuously stepping up its “export infrastructure to its maximum capacity.”Speaking to reporters at the St Petersburg International Economic Forum on Thursday, deputy Prime Minister Alexander Novak said that current output was…

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Rajesh Exports share price today: Stock tanks 5% to hit lower circuit as SEBI bans CMD for financial irregularities

In addition to the restrictions imposed on Mehta, Sebi instructed the company to ensure accurate and transparent disclosures. (AI image) Rajesh Exports share price today: Shares of jewellery exporter Rajesh Exports Ltd came under heavy selling pressure on Thursday, slipping 5% and hitting the lower circuit after the Securities and Exchange Board of India (Sebi)…

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Gold, silver price prediction: Will gold hit Rs 1.65 lakh/10 grams & silver rise to Rs 2.85 lakh per kg? Check outlook

MCX Gold is holding within a consolidation phase, maintaining its sideways to bullish bias on the weekly chart. (AI image) Gold and silver price prediction today: The base trendline for MCX Gold, and MCX Silver remains bullish according to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX…

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Stock Market Live Updates Today: BSE Sensex opens over 450 points down, Nifty50 below 23,350; crude oil prices drop

Markets are likely to remain volatile in the near term amid escalating tensions in West Asia, which continue to keep crude oil prices elevated and triggering persistent Foreign Institutional Investor outflows. Investor sentiment is expected to remain cautious as the lack of meaningful progress in the ongoing US-Iran negotiations continues to fuel concerns over global…

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