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The Telangana Assembly approved a resolution to take over Phase-I of Hyderabad Metro Rail from L&T, citing hurdles in expansion. CM Revanth Reddy said the move was vital for Phase-II proposals.
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Seven of India’s top-10 valued firms added over Rs 1.23 lakh crore in market capitalisation last week, tracking a broader market rally. Reliance Industries led the gains, while TCS, Infosys and Bajaj Finance saw valuation declines
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Telangana government has directed officials to complete the takeover of Hyderabad Metro Rail from L&T by the end of this financial year. Chief Secretary K Ramakrishna Rao emphasised a smooth transfer, with L&T cooperation and a 100-day action plan.
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ISRO Chairman V Narayanan announced that the space agency plans to transfer 50 per cent of PSLV development to an Indian industry consortium led by HAL and L&T. The move highlights India’s growing private sector role in space manufacturing and launches
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The DRDL organised the INSPIRE 2025 workshop on indigenisation and innovation in weapon systems. NITI Aayog Member Dr VK Saraswat and DRDO Chairman Dr Samir Kamat highlighted the importance of R&D for Atmanirbharata and Viksit Bharat by 2047
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Telangana government has agreed in principle to take over Hyderabad Metro Phase-I by assuming Rs 13,000 crore project debt and paying Rs 2,000 crore to L&T for equity. L&T exits the project, refusing to participate in Phase 2 expansion as equity partner
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Over 400 Mission Bhagiratha outsourcing workers in Khammam began a strike demanding clearance of wages pending for four months, disrupting water supply in 17 mandals. Despite repeated assurances, salaries remain unpaid, forcing workers to protest for their dues and survival
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BRS working president KT Rama Rao launched a scathing attack on Chief Minister Revanth Reddy, accusing him of dictatorial governance, corruption, and vendetta politics. From the Group-1 exam fiasco and altered Ring Road alignment to the Hyderabad Metro crisis and law and order failures, KTR painted a grim picture of Telangana under Congress rule.
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In addition to suggesting the workforce clock in 90 hours a week, Subramanyan made some cheeky comments, saying, "What do you do sitting at home? How long will you stare at your wife? How long will the wife stare at you?"
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Secures order to implement an advanced distribution management system in West Bengal and a key substation in Saudi Arabia
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Rama Rao alleged that the project was divided like a cake between Megha Engineering and Raghava Constructions, which is owned by Minister Ponguleti Srinivas Reddy. He criticized the decision to bypass major companies like L&T and NCC in favor of these firms, suggesting it was a blatant act of crony capitalism and misuse of power.
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In its latest financial results for Q2FY2025, the metro saw an improvement in average ridership, rising to 4.68 lakh passengers per day, up from 4.32 lakh in Q1FY2025.
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The event featured 27 prominent personalities walking the ramp to advocate for organ donation.
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The CWPRS was engaged by the State government along with two other Central agencies for further investigations.
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Felicitating Rajasree, the 50th crore passenger, Managing Director NVS Reddy said, "This achievement reflects the growing trust and preference for Hyderabad Metro as a safe, reliable, and convenient mode of travel."
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The team had a thorough inspection of the barrages and the sagging portions of the structures during its first visit on March 7 and 8.
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The daily ridership in Hyderabad Metro reached an all-time high of 5.47 lakh passengers on September 23.
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The teams would take notice of any unusual features such as cracks , bulges and hallows which could be indicative of the deterioration of the structures.
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The team climbed down to the bottom part of the affected piers for examining them physically.
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In an official statement, the L&T spokesperson said at one of the locations of Block-7 of the Medigadda barrage, a bridge portion was observed to be sagging after a loud noise on Saturday evening.