Larsen & Toubro (L&T), a major Indian multinational conglomerate, has sold its stake in its Hyderabad Metro Rail arm to Hyderabad Metro Rail, a Telangana government-owned entity, for ₹1,461 crore. This divestment aligns with L&T's strategic focus on its core businesses while enabling the Telangana government to consolidate ownership of the metro rail project. The Hyderabad Metro Rail project is a key urban infrastructure initiative aimed at improving public transportation in the city. This transaction highlights ongoing developments in India's infrastructure sector and the role of public-private partnerships in urban transit projects. The buyer, Hyderabad Metro Rail, is a Telangana government-owned entity.