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On Monday, the rupee fell 6 paise to 83.44 versus the US dollar, reflecting significant losses in equities markets.

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Following Lemon Tree Premier, which opened in Kathmandu earlier in April, Tigerland Safari, a Lemon Tree resort in Chitwan, Nepal, is the company's second property in the neighbouring country.

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It is anticipated that the acquisition will expand the company's presence in Tamil Nadu and Kerala, two southern markets.

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Potential markets for expansion include Maharashtra and Uttar Pradesh, with a capital allocation of around ₹1,000 Crore.

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The project will be developed by Mahindra Susten, its platform for sustainable energy, in collaboration with the Ontario Teachers' Pension Plan Board, a strategic partner.

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In January 2024, Reliance Power signed an agreement to sell its 1,200 MW Kalai II hydroelectric project in Arunachal Pradesh to THDC India for ₹128.39 Crore.

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IREDA was down 4.96% but significantly off its day's low of ₹153.25 on the National Stock Exchange (NSE), closing at ₹158.90.

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The company's board has decided not to declare an interim dividend for fiscal year 2023-24.

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IndiGo's market share rose to 60.5% in March 2024, from 60.1% in February. IndiGo ranked third in on-time performance (OTP) at 81.3%.

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At the end of trading, the Sensex dropped by 845.12 points or 1.14% to 73,399.78, while the Nifty declined by 246.90 points or 1.10% to 22,272.50. Of the total stocks traded, 761 advanced, 2,636 declined, and 102 remained unchanged.

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