Sensex, Nifty hit record highs on firm global cues, rupee recovery

Indian equity markets extended their upward momentum on Monday, with the benchmark S&P BSE Sensex and NSE Nifty50 hitting fresh record highs, supported by positive global cues and a recovery in the Indian rupee.

The Sensex climbed to an…

Walmart acquires 77% stake in Flipkart Group

US retail giant Walmart Inc. has acquired approximately 77 per cent of Indian e-commerce company Flipkart, marking one of the biggest investments in the country’s rapidly expanding online retail sector.

Under the agreement, Walmart’s…

Ashok Leyland bags order for 300 double decker buses from Bangladesh

Commercial vehicle manufacturer Ashok Leyland has secured an order to supply 300 double-decker buses to the Bangladesh Road Transport Corporation (BRTC), strengthening the company’s presence in the neighbouring country’s public transport…

Bangladesh looks to increase power import from India

Bangladesh is planning a major expansion of its electricity imports from India, with the neighbouring country aiming to eventually source up to 10,000 MW of power from India, a senior Bangladeshi official said on Friday.

Bangladesh currently…