Why it is in the news
On 30 September 2026 — the day the previous deadline expired — Larsen & Toubro (L&T) told the stock exchanges that the sale of its entire stake (over 90%) in L&T Metro Rail (Hyderabad) Ltd to the State-owned Hyderabad Metro Rail Ltd (HMRL) for ₹1,461.47 crore is now expected to be completed by 31 December 2026.
The exam angle
Syllabus: Group 1 Mains Paper-II, III-5: “urban infrastructure and transport - ORR and Metro - Problems and Planning - role of GHMC and HUDA (Metropolitan Development Plan – 2031, HMDA).” Prelims: 10. Policies of Telangana State. Groups 2–4: Hyderabad urban development.