Hyderabad, June 23 (IANS) SBICAPS has been appointed as the consultant to conduct a comprehensive study on the valuation of Hyderabad Metro Rail Phase-I, the development of Phase-II, and other related matters.The consultant will study the valuation of Hyderabad Metro Phase-I, raise loans required for takeover, and select lending agencies. Further, a study will be taken up on Metro Rail expansion, construction cost, and financing for Metro Phase-II, it was decided at a meeting that Telangana Chie…
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Hyderabad, June 22 (IANS Telangana Chief Minister A. Revanth Reddy, along with Union Minister for Coal and Mines G. Kishan Reddy, met Railway Minister Ashwini Vaishnaw in New Delhi on Monday and discussed issues relating to a loan from the Indian Railway Finance Corporation (IRFC) for the Hyderabad Metro Rail project.According to a statement issued by the Chief Minister’s Office (CMO) on Monday night, the discussions were positive.Speaking to the media after the meeting, the Chief Minister descr…
Mumbai, May 25 (IANS) Indian equity benchmarks rallied sharply on Monday, tracking gains in global markets amid hopes of easing geopolitical tensions after US President Donald Trump said negotiations with Iran were progressing constructively.The Sensex surged 1,073.61 points, or 1.42 per cent, to close at 76,488.96, while the Nifty jumped 312.4 points, or 1.32 per cent, to settle at 24,031.7, reclaiming the crucial 24,000 mark.Commenting on Nifty technical outlook, experts said that 24,100 now a…
Hyderabad, April 29 (IANS) The Telangana government on Wednesday formally acquired Hyderabad Metro Rail Phase I from Larsen & Toubro Limited for Rs 1,461 crore.The state government signed a share purchase agreement with Larsen & Toubro Limited and L&T Metro Rail (Hyderabad) Limited (LTMRHL) for the acquisition of 100 per cent equity shares of LTMRHL at an equity value of Rs 1,461.47 crore.The state government had last year decided to take over Hyderabad Metro Rail Phase I through the…
Ayodhya (Uttar Pradesh), March 21 (IANS) Chairman of the Ram Mandir Construction Committee for the Ram Janmabhoomi Teerth Kshetra, Nripendra Misra, on Saturday, stated that while the construction of the Ram Temple is now complete, the goal is to achieve compliance by the end of April.His remarks came before a crucial meeting of the Shri Ram Janmabhoomi Teerth Kshetra Trust which is scheduled to be held on Saturday in Ayodhya, where several important decisions regarding temple operations and visi…