EIH is slated to invest ₹421 crore for this endeavor, with the anticipated commencement of operations set for October 1, 2027. The company s Board of Directors greenlit the investment proposal during its meeting on March 28.
Buying was seen in media, PSU banks and realty stocks while Nifty IT ended 1.25% lower. SBI ended 4% higher while TCS, Infosys and Tech Mahindra ended 1-3% lower.