Construction major Larsen & Toubro is planning to sell its stake in Hyderabad Metro after its ridership declined due to Telangana government’s free bus ride scheme for women, said whole-time ...
L&T president, whole-time director & CFO, R Shankar Raman told BT TV that the firm will look at selling off Hyderabad Metro post 2026 as part of their non-core business divestment plans.
The Telangana government's free bus ride scheme for women has led to a decrease in Hyderabad Metro's ridership, prompting L&T to contemplate exiting the project. L&T faces financial concerns as ...
L&T expressed apprehensions about the attractiveness of Hyderabad in drawing investments from the central government and the private sector. Photo: PTI L&T proposed that the government of ...
L&T is also working to identify the right time to announce revised tariffs for its Hyderabad metro projects in a bid to improve the viability of the project and make it more attractive for ...
BENGALURU, May 8 (Reuters) - India's national elections and global geopolitical tensions will hurt Indian engineering company Larsen and Toubro's (L&T) (LART.NS) , opens new tab order inflow and ...
Touted as the world’s largest public-private partnership (PPP) project in the Metro sector, the Hyderabad Metro became the second largest Metro network in India (69.2 km) when the 11-km-long ...
HYDERABAD : Confirming its tag of being the ‘the transportation lifeline’ of the city, the Hyderabad Metro Rail has recorded a ridership of 50 crore passengers since its inception in 2017 ...
A cosmetologist Rajshree became a proud owner of an air-conditioner for having been passenger number 50 crore of the Hyderabad Metro Rail (HMR) at a special function held to commemorate the event ...
Hyderabad Metro is a rapid transit system for the city of Hyderabad in Telangana, India. It is the world’s largest Public Private Partnership Project (PPP) in the metro sector. It is also the ...