L&T may exit Hyd metro as free bus rides hurt biz – Times of India
MUMBAI/HYDERABAD: Telangana govt’s free bus ride scheme for women has impacted Hyderabad Metro Rail‘s ridership, causing its promoter L&T to consider exiting the project. The metro project’s financials have been a concern for L&T, prompting it to list Hyderabad Metro as a non-core asset in its books from 2021. The metro ridership has fallen to…