Birdwatch Note Rating
2024-05-12 21:06:55 UTC - HELPFUL
Rated by Participant: 2163E7707651A64844C5B5B47AD63D0B0865303D8EDE000D8430C48050A75164
Participant Details
Original Note:
As part of its five-year strategic plan ‘Lakshya 26’ L&T was already looking to divest its investment in a few non-core areas as early as 2022, which includes Hyderabad Metro. So L&T had already planned to divest before the 'Zero Cost Bus Rides' Mahalakshmi scheme began. https://www.moneycontrol.com/news/business/lt-hopes-to-divest-stake-in-hyderabad-metro-in-2-5-years-cfo-11645281.html https://infra.economictimes.indiatimes.com/news/urban-transportation/lt-looks-to-make-hyderabad-metro-project-attractive-for-investment-from-potential-buyers-in-2-3-years/95210095
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