Larsen & Toubro (L&T) has signed an agreement with Hyderabad Metro Rail Ltd(HMRL), a fully state-owned enterprise of the government of Telangana, to divest its entire stake in L&T Metro Rail (Hyderabad) Ltd(LTMRHL). The divestment represents a value-driven monetisation of a mature infrastructure asset and is aligned with L&T’s broader strategy of exiting the development […]