India
Telangana Govt Takes Full Control of Hyderabad Metro, Buys L&T Stake for ₹1,461.47 Crore
✦ AI Brief
The Telangana State Government has signed a takeover deal with Larsen & Toubro, acquiring its stake in Phase-I of the Hyderabad Metro Rail. The government plans to expand and implement passenger-friendly reforms through Hyderabad Metro Rail Limited (HMRL).
