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.
Hyderabad: Infrastructure and engineering firm L&T is mulling offloading its stake in the Hyderabad Metro project after 2026, citing the free bus rides offered by the Congress government, media ...
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 ...
Telangana Chief Minister Revanth Reddy said if L&T is keen on exiting the Hyderabad Metro project due to the state government's free bus ride scheme, they are welcome to do so. Reddy said his ...
HYDERABAD: Chief Minister A. Revanth Reddy on Tuesday dismissed L&T's warning that it was considering selling the Hyderabad Metro Rail project as it was facing losses due to the state government ...
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 ...
Unhappy over the ‘political statements’ of an L&T official on the free bus scheme, Telangana Chief Minister A. Revanth Reddy sent a strong message to the L&T, the operators of the Hyderabad ...
Prime Minister Narendra Modi questioned poll sops that push states to a situation where they end up struggling for funds. In an exclusive interview with the India Today Group, he said parties ...