Birdwatch Note Rating
2024-05-12 19:29:36 UTC - HELPFUL
Rated by Participant: 4C4411931F66B2A647479372AE6D9080E81646B68D4AF15D9ED862A3114519B1
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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