PM Modi, Venezuelaโs Rodrรญguez discuss energy ties
Venezuelaโs acting President Delcy Rodrรญguez is on a four-day visit to India with a delegation that includes five ministers.
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Venezuelaโs acting President Delcy Rodrรญguez is on a four-day visit to India with a delegation that includes five ministers.
Rodrรญguez is on a four-day visit to India with a delegation that includes five ministers, marking her first trip to the country since she became interim head of the Venezuelan government
Earlier, External Affairs Minister S. Jaishankar met Delcy Rodriguez and reaffirmed India's commitment to strengthening ties with the South American nation.
During their meeting, PM Modi and Delcy Rodriguez discussed ways to deepen cooperation in energy security, trade, investment, healthcare and transportation.
S Jaishankar meets Venezuela Acting President Delcy Eloina Rodriguez Gomez.
Kuku Technologies Ltd, which operates vernacular audio platform Kuku FM and short-video streaming app Kuku TV, has filed confidential draft papers with Sebi for an IPO to raise up to Rs 3,000 crore, according to sources. The company is planning to raise between Rs 2,500-Rs 3,500 crore and is targeting a valuation of up to Rs 15,000 crore (about USD 1.8 billion) through the proposed public issue, people familiar with the development said on Thursday. The initial public offering (IPO), expected in the later part of this financial year, will comprise a mix of fresh issue of shares and an offer-for-sale (OFS) by existing investors. Proceeds from the fresh issue will be utilised for strengthening technology and AI infrastructure, content creation and expansion into new geographies. When contacted, Kuku Technologies declined to comment on the proposed offering. Kuku's revenue surged nearly seven-fold to more than Rs 1,400 crore in FY26 from about Rs 240 crore in the previous fiscal, while the company remained close to achieving operational break-even. The company has leveraged artificial intelligence tools to accelerate content production, improve content recommendations and reduce customer acquisition costs. Founded in 2018 by IIT alumni Lal Chand Bisu, Vinod Kumar and Vikas Goyal, Kuku has built a portfolio spanning audio content, microdrama entertainment and edutainment. Its latest offering, Kuku TV, launched in late 2024, focuses on micro dramas -- short-form mobile-first video series with episodes typically lasting two to three minutes. The platform is currently releasing over 150 original shows every month and has crossed 200 million downloads. Industry estimates suggest that India's Hindi and vernacular micro-drama segment is expanding at around 60 per cent annually, driven by rising smartphone penetration and increasing consumption of short-form video content. Across its platforms, including Kuku FM, Kuku TV and Guru, the company has over 10 million active paying subscribers and more than 400 million cumulative downloads. Its content library comprises over 60,000 hours of programming across seven to eight Indian languages. The company has also initiated plans to expand into overseas markets, including the United States. Kuku has raised more than USD 150 million from investors such as Fundamentum Partnership, Krafton, Vertex Ventures, Granite Asia, International Finance Corporation (IFC), Paramark Ventures, India Quotient and 3one4 Capital. Former India cricket captain MS Dhoni is also among its investors. Kotak Mahindra Capital, Jefferies, JM Financial and Axis Capital are acting as the book-running lead managers to the issue.
During her visit, Ms. Rodriguez is scheduled to hold bilateral discussions with Prime Minister Narendra Modi and other senior Indian leadership, including External Affairs Minister S. Jaishankar.
During one of her earlier Puttaparthi visits, Rodriguez reportedly spoke about experiencing peace and spiritual calm at the ashram.
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Venezuelaโs acting President Delcy Rodrรญguez will visit India this week for talks with Prime Minister Narendra Modi to bolster bilateral ties against the backdrop of growing energy cooperation, with the South American state becoming the countryโs third-largest supplier of oil this month.
Delcy Rodriguez, Venezuela's interim president, will visit India from June 3 to 7 to discuss bilateral relations with Prime Minister Modi. The trip comes as India increases its crude imports from Venezuela, making it the second-largest buyer of Venezuelan oil after the US.
Rodrรญguez, who earlier served as foreign minister and vice president, became acting head of the government of Venezuela in January
Venezuelan interim president Delcy Rodriguez, who took over after โcaptureโ of president Nicolas Maduro by the US, will be on a visit to India from June 3.
Ms. Rodriguez is scheduled to hold wide-ranging talks with Prime Minister Narendra Modi
During her visit, Rodriguez will hold talks with Indian Prime Minister Narendra Modi, Indian foreign ministry spokesperson Randhir Jaiswal told media
Venezuela's acting President, Delcy Rodriguez, is poised for a New Delhi visit this week, signaling a deepening energy partnership. This comes as India actively seeks to diversify its oil sources, with Washington encouraging increased purchases from the South American nation. Venezuela has recently emerged as a significant crude supplier for India.
A key expert panel of the government has recommended environmental clearance for 'water aerodrome' projects on six islands, as per official documents accessed by CNN-News18